Ecobank Transnational Incorporated (ETI) has recorded a 33.04 per cent increase in its profit before tax (PBT) in June, first half of the year 2021. In the bank’s unaudited financial

The five tier-1 banks in Nigeria gave out a total of N49.999 trillion (about $121bn) as loans and advances to their customers between January 2016 and December 2020, data compiled

The Nigerian National Petroleum Corporation (NNPC) has revealed that it sold a total of N2.106 trillion of refined products to Nigerians between February 2020 and February 2021, with petrol taking

A Federal High Court sitting in Abeokuta has granted an interim order restraining the federal government from taking over the unclaimed dividends of shareholders in the capital market estimated to

The recently opened Lagos Marriott Hotel Ikeja has officially announced the grand launch of its Isade Spa. The hotel’s ultramodern Spa facility reflects cutting edge Spa aesthetics within intuitively designed

Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) on Monday and Tuesday, the financial regulator has reiterated the resilience, safety and soundness of

The Central Bank of Nigeria (CBN) Thursday disclosed that its much-anticipated digital currency will be launched on October 1. CBN Director, IT Department, Mrs. Rakiya Mohammed, revealed this during a

The statutory payments made by the Nigerian National Petroleum Corporation (NNPC) to the Federation Account, a joint pool operated by the local, state and federal governments, declined by over 63

A report by the Economist Intelligence Unit (EIU), London, has predicted that the federal government might effect a 100 per cent rate increase in the Value Added Tax (VAT) from

The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele on Monday said the country was likely to make significant strides over the next three years in repositioning the

After over a two-week stalemate, the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ on Sunday resolved to gradually add more inventory to the oil market,

The banking industry has made a dramatic leap in its Nigerian Sustainable Banking Principles (NSBP) with the recent appointments of two females as Chief Executive Officers (CEOs). The coming on

The Central Bank of Nigeria (CBN) on Friday stated that sugar importation in the country can only be done by Dangote Sugar Refinery Plc, Golden Sugar Company, owned by Flour

Tax administrators of the Economic Community of West African States (ECOWAS) member states Thursday intensified efforts to make it difficult for individuals and business entities, especially multinational institutions, to evade

Uncertainty continues to shroud the report of the National Assembly’s conference committee on the Petroleum Industry Bill (PIB), with the House of Representatives stepping down the report. The situation is