FBN Holdings Plc, the parent company of Nigeria’s foremost financial institution and a leading tier 1 lender in the country, FirstBank of Nigeria Limited has released it 2019 annual report and financials (Unaudited) to the public. The result was published by the Nigerian Stock Exchange (NSE) recently. The result revealedRead More →
Nigerian tech startup, Paga, has acquired an Ethiopian-based software development firm, Apposit, which has been working closely with it since 2010. The Ethiopian firm had helped build Paga’s payment platform. Details: Though the acquisition fee was not disclosed, Apposit is expected to play a crucial role in Paga’s progress. TheRead More →
President Muhammadu Buhari on Monday in Abuja finally signed the 2019 finance bill into law after the bill was initially excluded when submitted to the national assembly alongside the budget last year. The bill signing is coming 27 days after the 2020 budget was signed into law on December 17Read More →
The Nigeria Customs Service (NCS) has said N1.341 trillion was generated as revenue by the service for the year 2019. This was disclosed in a statement issued by the Public Relations Officer, Deputy Comptroller of Customs, Joseph Attah. The amount generated which exceeded the service’s target of N937 billion byRead More →
Polaris Bank has bagged central bank of Nigeria’s award as the Best Deposit Money Bank (DMB) in Consumer protection in Nigeria’s banking industry. According to Premium times, The award is aimed at crowning the financial institution efforts who has demonstrated commendable leadership when it comes to swift resolution of transactionRead More →
The Lagos State government is set to borrow N97 billion despite growing debt profile which has not reach N39.69 billion. However, the state government has said there was no need to panic over the state’s debt, noting that the government has the situation under control. The Commissioner for Finance, RabiuRead More →
Lagos State government said it would resort to tax net expansion so that it would be able to finance the N1.17 trillion 2020 budget. The State’s Commissioner for Economic Planning and Budget, Sam Egube, disclosed this in a statement on Wednesday. According to PUNCH, Egube said the state government believedRead More →
in line with the consistency of previous administrations in the area of infrastructural development and the determination of the present administration to continue the laudable trend, Lagos state government has launched its third series N500 billion bond issuance programme, The state government seeks to raise N100 billion.The offer to raiseRead More →
