Money

Experts that gathered at the just concluded 2020 Budget and the Finance Act forum, organised by the Securities and Exchange Commission (SEC), in Lagos, at the weekend, have called for review of the entire budget process to ensure meaningful economic growth...

While the debt stock of Africa’s economies recorded a whopping 150 per cent rise in the past 10 years, with new obligations in the pipe, two multilateral banks of global repute and major creditors, are own trading blame over who caused the alarming borrowings.

The quest to deepen intra-African trade and integration of the region’s economies got more boost as the Islamic Corporation for the Development of the Private Sector (ICD) declared interest in the process.

Cyber attacks targeted at the global banking system and high profile institutions are not imaginary, but real. The overall objective is to steal financial assets- cash or near-cash assets.

After unveiling its 2020 African Economic Outlook (AEO), which showed that the continent’s economies are growing well, African Development Bank (AfDB) however, warned that it does not reflect the true picture of citizens.

According to recent estimates by the United Nations, Nigeria’s population currently stands at about 203 million. This massive population, coupled with the ongoing closure of the country’s land borders...

Last week, millions of vendors, suppliers and sundry service providers took to emails, voice calls, WhatsApp and other chatbox platforms to align figures with clients and replace invoices ahead of the take-off of the new Value Added Tax (VAT) rate.

The hike in the banking sector’s mandatory Cash Reserve Ratio (CRR) signals not only withdrawal of money in circulation, but a measure to curb the four-month resurging inflation and tacit declaration...

The Registrar and Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has commended Ecobank Nigeria’s various initiatives targeted at building the capacity of its workforce.

Development finance institution, African Export-Import Bank (Afreximbank), yesterday, in Lagos, signed agreements to complete the registration of a N300-billion medium-term note with the Securities...

Financial analysts are of the view that investment decisions in 2020 will require extra craft, given the current external pressures, low foreign investment, weak investor confidence, high inflation and weak oil...

The Minister of Works and Housing, Babatunde Fashola, yesterday, defended that Federal Government’s external borrowing to invest in the development of Nigeria’s infrastructure is legitimate.