FBNH has finally completed the sale of FBN Microfinance Bank to Letshego Holdings a Botswana based Financial Institution The Bank announced last December that it has applied for SEC approval…
The Central Bank of Nigeria (CBN) has reintroduced C.O.T charges for commercial banks just weeks after implementing the no C.O.T charge rule in 2016. The Bank in a circular titled…
The NSE All-Share Index and Market Capitalization appreciated by 1.33% to close the week at 23,826.50and N8.194 trillion respectively. Similarly, all other Indices finished higher during the week, with the…
Seplat Petroleum Development Company Plc, a leading indigenous Nigerian oil and gas exploration and productioncompany with a strategic focus on Nigeria, listed on the Main Market of the London Stock…
In support of the Federal Government’s auto policy, a Chinese firm, has joined the list of foreign companies that have established automobile assembly plant in Nigeria. Perfection Motors Company Limited…
The Petroleum Product Pricing Regulatory Agency has removed subsidy on Kerosene. This PPPRA in its website released a new template that puts the retail price of Kerosene at N83 per…
I got a lot of stick from accountants from the last article I wrote so I start by tendering an apology I did not intend to belittle the noble profession.…
Leading Investment Banking Firm and Fund Managers, Renaissance Capital has issued a buy or sell report in anticipating of a devaluation of the naira by about 20%. The Investment firm…
The Nigerian economy is in turmoil and businesses are expected to record revenue declines and losses when they declare their results in the next few weeks. One of the key…
My good friend Gbubemi Atiomo is usually very pensive. Not used to chicanery and hardly impressed. I have known him for a while and respect his approach especially his love…