Archives for MONEY MARKET - Page 128
FirstBank Partners CDC/BII to Support Women, Small Business Owners with US$100 million Credit Facility
Adesola-Adeduntan-MD_CEO FirstBank- Facility to strengthen FirstBank’s commitment to gender financing with US$30 million targeted to women-owned and led businesses Partnership will enhance funding to local SMEs to boost growth…
FIRS Offers Concession To Taxpayers With Outstanding Foreign Currency Tax Liabilities
By Ngozi Onyeakusi---Taxpayers who have outstanding foreign currency tax liabilities can now take advantage of the Federal Inland Revenue Service (FIRS) one-month window to settle these liabilities in Naira, with…
FIRS, others’ revenue collection cost rises by 49%, hits N329bn
The cost of revenue collection by key revenue-generating agencies of the Federal Government rose by between 2019 and 2021, according to findings by the PUNCH. Specifically, data from the National…
Stanbic IBTC Bank Distances Self From Multi-Million Agric Scam
Stanbic IBTC Bank has distanced itself from an article mentioning the bank as part of lenders involved in scam. According to Stanbic IBTC Bank "Our attention has been drawn…
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF
IMF logo The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk of scarcity and supply disruptions. It added that…
World Bank projects N4tn 2022 fuel subsidy, experts predict more loans
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18 months may cost the country…
UBA profit soars by 8.72% to N118.678b in 2021
By Ngozi Onyeakusi--- UBA Plc, has posted a profit after tax of billion for its consolidated and separate financial statements for the year ended 31 December 2021. This represents…
Stanbic IBTC – Africa NXT Sponsorship Event
L-R: John Okhueleigbe, Head, Micro Pensions, Stanbic IBTC Pension Managers Limited; Wunmi- Ehis Uzenabor, Executive Director, Operations, Stanbic IBTC Asset Management Limited; Wole Adeniyi, Chief Executive, Stanbic IBTC Bank PLC…
GTCO reports Profit Before Tax of ₦221.5billion
By Ngozi Onyeakusi ---Guaranty Trust Holding Company Plc (GTCO) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2021, to the Nigerian Exchange Group…
Stanbic IBTC Bank Nigeria PMI®:PMI highest for over two years amid stronger demand
February PMI® data for Nigeria's private sector pointed to a substantial improvement in business conditions. Quicker expansions in output, new orders, employment and purchasing underpinned the latest improvement. At…
