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Category: Economy

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
Business Economy headline

CBN injects $349.34m into Retail SMIS

Iheanyi Ejiofor May 4, 2018 headline

The Central Bank of Nigeria (CBN), in its last intervention for the week, has injected the total sum of $349.34 million in the Retail Secondary Market Intervention Sales (SMIS) segment…

Read More CBN injects $349.34m into Retail SMIS
Economy headline

Reps to pass 2018 budget on Tuesday

Iheanyi Ejiofor May 3, 2018 headline

The House of Representatives said it will pass the 2018 Appropriation Bill next Tuesday. The Chairman of the House Committee on Media and Public Affairs, Abdulrazak Namdas, disclosed this in…

Read More Reps to pass 2018 budget on Tuesday

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