MSMEs as determinants of Nigeria’s economic rebound
Of course, it will not be difficult to prove the assertion, going by the challenges that have lingered over the years, which create growth and development problems for small businesses.
Vitafoam posts N522.7 million PBT in 2016
The company’s Profit After Tax (PAT) also grew from N196 million in 2015 to N412 million during the review period. However, total revenue declined from N15.15 billion to N12.19 billion in 2016.
‘Nigeria is losing fortunes to shallow port channels’
Nigerian ports are faced with myriads of problems that have militated against trade facilitation agenda of the Federal Government.
Beneficiaries get CBN, Heritage Bank’s N3b youth fund
The disbursements for the N3 billion Youth Innovative Entrepreneurship Development Programme (YIEDP) by the Central Bank of Nigeria (CBN), in conjunction with Heritage Bank Plc...
Fidelity Bank gets SME award, rewards customers
Fidelity Bank Plc has been adjudged “SME Support Bank of the Year 2016” at the Independent Man of the Year Award ceremony, in Lagos.
NDIC nets N85 billion in 2016, urges government to fast-track 2017 budget
The Nigeria Deposit Insurance Corporation (NDIC) recorded actual income (net of provisions) of N85.02 billion, which by Fiscal Responsibility Act (FRA) 2007, was expendable to the limit of 75 per cent.
FinTech to distrupt retail banking by 92% in Nigeria
The objective of the survey was to assess the rise of FinTech in Nigeria’s financial services industry, their potential impact on market players and the opportunities that may also exist following their adoption.
PZ Cussons leads gainers, as NSE records N8.6b turnover
Dangote Flourmills garnered 5.67 per cent to close at N4.10 per share. Livestock added 5.56 per cent to close at N0.76 per share. FBN Holdings also gained 5.43 per cent to close at N3.30 per share.