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Category: Business

Business Economy

Nigeria capital inflow hit $6.3b in Q1 driven by foreign investors

Iheanyi Ejiofor May 11, 2018 headline

Emeka Ejere| Capital inflow into Nigeria rose almost sixfold in the first quarter compared to a year ago, following last year’s liberalisation of the currency for foreign investors and steps…

Read More Nigeria capital inflow hit $6.3b in Q1 driven by foreign investors
Business Economy

NASS may pass major oil reforms by July -Saraki

Iheanyi Ejiofor May 10, 2018 headline

Emeka Ejere| The Senate aims to pass a long-delayed bill to overhaul the oil sector by the end of July, Senate President Bukola Saraki has said. The Petroleum Industry Bill…

Read More NASS may pass major oil reforms by July -Saraki
Business Economy

Number of Tax payers rises by 5m in 1 year – Osinbajo

Iheanyi Ejiofor May 10, 2018

Emeka Ejere| Vice President Yemi Osinbajo on Wednesday in Abuja, said that over five million new tax payers have been enrolled in the last 12 months. Speaking at the 20th…

Read More Number of Tax payers rises by 5m in 1 year – Osinbajo
Business Economy

Improved interest income, lower impairment charges bolster UBA performance in Q1 2018

Iheanyi Ejiofor May 8, 2018 headline

Alabingo Finance Report UBA Plc rode on the back of better earnings and significant reduction in its impairment charges on losses to put an impressive performance in the first quarter of…

Read More Improved interest income, lower impairment charges bolster UBA performance in Q1 2018
Business Economy

FOREX Market Gets additional $210m CBN Boost

Iheanyi Ejiofor May 8, 2018 headline

The Central Bank of Nigeria (CBN), on Tuesday, May 8, 2018, boosted the inter-bank Foreign Exchange market with another sum of $210 million. The Bank again offered the sum of…

Read More FOREX Market Gets additional $210m CBN Boost

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