The Financial Reporting Council (FRC) of Nigeria said it has received a mandate to unveil the first of three phases of the National Code of Corporate Governance by the end of the first quarter of 2018.
‘Banks shift priorities in 2018’
Eighty five percent of banks cite implementation of a digital transformation programme as a business priority for 2018, the EY Global Banking Outlook 2018 has noted.
Bharti Airtel Africa’s revenue rises by 5.3%
Performance of the African arm of India’s Bharti Airtel, led by Nigeria, appeared to be on the upward swing, as the region reported a profit of $76 million in the first nine months of 2017...
‘Credibility of market is critical to effective derivatives’
The Former Chairman of the United States Commodities Futures Trading Commission (US CFTC), James Stone, has stated that a high level of credibility is needed to ensure efficiency in the new derivatives market.
Stanbic IBTC targets youths in inaugural leadership series
Nigeria’s leading one-stop financial services provider, Stanbic IBTC, a member of Standard Bank Group, has said it plans to deepen financial...
AMCON wins USAID-ECR award for donations
Asset Management Corporation of Nigeria (AMCON), last week, received another award in Maiduguri, the Borno State capital from USAID-Nigeria Education Crisis Response Project.
Sustained forex interventions bolster rates
The sustained foreign exchange (forex) intervention has bolstered rate stability, with parallel market oscillating around N363 and N361 per dollar for more than five weeks.
Sterling Bank endorses NDIC’s examination reports
Sterling Bank Plc has commended the Nigeria Deposit Insurance Corporation (NDIC) for the quality of their bank examination reports, which have contributed to the safety and soundness of the nation’s banking system.
UBA board meeting to assess financials, dividend payment
PAN-African financial institution, United Bank for Africa (UBA) Plc, has announced its upcoming board meeting, slated for Monday, January 29, where the board will consider the financial statements for the financial year ended 31 December 2017, and also proposals for final dividend for the year.
Bankable partnerships and Nigeria’s tourism potential
The riches and diversity of Nigeria’s culture has always been considered as strong reason why tourism is bankable and should be a primary foreign exchange earner for the country. The country is naturally endowed with rich tourist sites across all geopolitical zones.