archiveAugust 31, 2016

The President of African Development Bank (AfDB), Mr. Akinwumi Adesina, has advised African governments to boost tax revenue and steer clear of international borrowing as the region is faced with worst economic slump in more than a decade. The AfDB chief in a report by the Financial Times said that...

  Inflation at eleven-year high of 17.1% Nigeria has slipped into recession, with the latest growth figures showing the economy contracted by 2.06 per cent in the second quarter between April and June. Going by the data released today by the Nigerian Bureau of Statistics (NBS), the country has now...

Zenith Bank Plc has launched a new mobile banking solution to make banking simpler and interesting. The bank’s *966# Eazybanking solution, which was recently launched into the Nigerian market, will complement the effort of the Central Bank of Nigeria (CBN) to build a cashless economy and enhance financial inclusion. The...

The Securities and Exchange Commission (SEC) has warned investors of two illegal capital market operators not registered under the commission. The apex capital market regulating body stated that an online investment scheme tagged ‘MMM Federal Republic of Nigeria (nigeria.mmm.net) and Mrs. Oge C. Ottiwu of No. 118 Zink Avenue, Opposite...