FIRS rakes in N1.782trn tax in six months
The Federal Inland Revenue Service (FIRS) collected a total sum of N1.782trillion in tax revenue between January and July this…
Impact of CBN’s home-grown solutions
The home-grown monetary and development-oriented policy of the Central Bank of Nigeria (CBN) is gradually steering the Nigerian economy towards…
FBN Holdings targets single digit non-performing loans
The management of FBN Holdings says it has put in place strategies to drive its non-performing loans (NPLs) to single…
Another round of banking recapitalization?
The expectation that the Central Bank of Nigeria (CBN) would introduce Basel 3 regulation has triggered off apprehension of another…
Tough times for banks
The impressive first quarter results for 2017 declared by many deposit money banks in Nigeria may not be a true…
CBN’s move to further liberalize forex market
Nigeria’s stable external reserve position gives the Central Bank of Nigeria the latitude to further liberalize the foreign exchange market…
‘Nigeria’s economy will exit recession in 2018’
Nigeria’s economy is expected to exit recession in 2018, Dr Yemi Kale, Statistician-General of the Federation predicts. “If oil prices…
Nigeria’s cashless push
More Nigerians are embracing electronic payments Five years after the Central Bank of Nigeria (CBN) launched its Cash-less Nigeria project…
Sterling Bank’s earnings grow
Sterling Bank Plc recently released its first quarter results with a double-digit growth in the top-line earnings and continuing improvement…
Emefiele wins Zik Prize
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was recently bestowed with the prestigious Zik Prize award for…