Sovereign Trust insurance records 352% PAT increase in Q3 2017
Sovereign Trust Insurance Plc has shown a consistent rise in its profitability after it records 352 per cent Profit After Tax (PAT) increase in third quarter 2017
CIBN chief laments banks’ high rates, neglect of real sector
The Chartered Institute of Bankers of Nigeria (CIBN) has joined the growing number of observers and calls for concerted efforts to tame high interest rates charged by Nigerian banks.
Experts chart path to effective tax administration in Nigeria
The President, Chartered Institute of Taxation of Nigeria (CITN), Cyril Nwobodo Ede, has called for a robust framework for tax assessment in Nigeria, especially for the informal sector and high networth individuals to boost the nation’s revenue base.
SYNLAB Group buys majority stake in PathCare
SYNLAB Group, last week, made an entry into the country with purchase of the majority shares in PathCare Nigeria, a development that has signaled investment opportunities to private medical laboratory market and public-private partnerships.
Heritage extends agent banking network in Lagos
Heritage Bank Plc has registered its presence in Ogijo in the Sagamu Local Government Area of Ogun State, with the commissioning of Dunmop Ventures as agent banking partner.
Samsung Galaxy Note series: Evolution of a revolutionary tool
Think about the biggest moment in your life and it is likely your smartphone had a role to play in creation and preservation of that memory.
Delta economic think-tank empowers ‘agripreneurs’
The Delta Economic Summit Group (DESG) has empowered several agripreneurs at a seminar hosted by the Delta Small and Medium Development Agency (DEMSMA) during the Global Entrepreneurship Week.
Digital currency trading is gambling, says NDIC
From the nation’s deposit insurer- the Nigerian Deposit Insurance Corporation (NDIC) came another strong warning at the weekend, for those allured by the high gains promised by promoters of digital currencies, saying that it is meddling with “uncertainty.”
BoI plans increased lending to food sector for enhanced production
The Bank of Industry (BoI) has concluded plans to increase lending to stakeholders in the food industry, as part of measures to boost food production in the country and help the Federal Government achieve the 3.5 per cent Gross Domestic Product (GDP) target in 2018.
Stockbrokers call for forex discount window
According to the operators, who spoke exclusively with The Guardian, the illiquidity state of the market is evident in the low market capitalisation, and the few listed companies that characterise the stock market presently.