12/13/2022
The PUNCH had in an earlier report, quoted Alex Sienaert, World Bank’s lead economist for Nigeria, as saying that in 2023, debt servicing will gulp 123.4 per cent of the country’s total revenue.
12/12/2022
Under new CEO Kennedy Bungane the institution plans to list by 2025 as a lender ‘for the people, by the people, serving the people’
12/09/2022
Ruto rode into office in September on the promise of alleviating high costs of living for citizens, which could put pressure on the budget, the bank said.
12/07/2022
Revenue authority plans measures to reduce piling uncollected revenue
12/06/2022
The bank said its interest-earning assets increased by "mid-single digits" thanks to selling more loans.
12/02/2022
The Summit, which is a major maritime event in the year, was themed “Igniting the Blue Economy in Nigeria”
12/02/2022
Local unit weakens as much as 4% as market reacts to political instability after Phala Phala report
12/01/2022
Remittance out turns will depend on the balancing of increasing needs for support from the African overseas labor force, and the availability of incomes in host countries to be remitted.
11/30/2022
He added that industries thrive locally when they compete on a global platform urging stakeholders in the sector to team up with the government to ensure that Nigeria becomes a global player.
11/29/2022
Industry experts say small insurers are struggling to retain and hire actuaries due to higher costs associated while multinationals have also been faced with the exit of their employees.
11/28/2022
While this position by the central bank means indebted consumers are likely to remain under pressure in the medium term, the situation is not without its positive news.
11/25/2022
Top performers not necessarily those with the biggest economies, but countries that generate high manufacturing value-added per capita
11/25/2022
The results show that the third quarter’s growth was lower than the second quarter’s growth of 3.54 percent and the same quarter’s growth of 4.03 percent from the previous year.
11/23/2022
In a world of borderless financial markets and open economies, the financial sector was rightly identified as the nerve centre of the post-apartheid economy.
11/22/2022
This implies that if potential customers can appreciate the true value of the sector, it will automatically lead to more widespread acceptance. A
11/22/2022
Statistics has it that more than 42 million people in Nigeria have no access to financial services.
11/21/2022
Obinna Chima highlights findings from a new report on the compensation of top chief executive officers in the country
11/21/2022
Viceroy gained some prominence and credibility through its reports on Steinhoff
11/21/2022
Ms Danasamy added a majority of the 63 firms listed on the Nairobi Securities Exchange are audited by major accounting firms.
11/21/2022
There was a sizable drop off in access to Covid-19 business support programs and other government grants compared with the previous year.