Business
GTBank grows deposit to N3.7trn in Q1’21
By Nkiruka Nnorom MONEY MARKET Guaranty Trust Bank Plc has grown its total deposit for the first quarter ended March 31, 2021 (Q1’21) to N3.717 trillion, representing 3.0 percent increase
TAJBank records highest industry EPS growth rate
Banking hall MONEY MARKET TAJBank, Nigeria’s non-interest banking services provider, has recorded the highest earning per share (EPS) growth rate in the nation’s banking industry with its shareholders earning N11.82
Nigeria, Cameroon move to counter piracy in Gulf of Guinea
By Godwin Oritse ECONOMY THE Nigerian Maritime Administration and Safety Agency, NIMASA, and the Inter Regional Coordination Centre, ICC, Yaoundé, Cameroon, have formed a partnership to galvanise regional and international
E-payment transactions rise by 325% to N704trn in 2020
• As Banks’ bad loans tickup 16% By Elizabeth Adegbesan ECONOMY The value of electronic payment transactions rose year-on-year (YoY) by 325 per cent to N704.04 trillion in 2020
Polaris Bank sustains profit growth with N28.9bn profit
Polaris Bank Limited has posted a Profit Before Tax (PBT) of N28.9billion for the 2020 financial year, its latest full-year audited financial results for the period have shown. The results
Taxes should support economic growth, CITN advises government
The Chartered Institute of Taxation of Nigeria (CITN) has called on the government to avoid the propensity of introducing earmarked taxes for raising revenues, stating that it hurts businesses and
NASD admits NGX shares on platform
NASD OTC has admitted the shares of the recently-demutualised Nigerian Exchange Limited (NGX) SDNGX. At a virtual interactive session organised by NASD Plc in collaboration with the Central Securities Clearing
‘African governments must digitise to survive’
For Nigeria and other African countries to be resilient, innovative and achieve inclusive administration, their governments must embrace digitisation. The post ‘African governments must digitise to survive’ appeared first on
Kanye West Sneakers Fetch Record $1.8M at Private Sale
A pair of prototype Nikes worn by Kanye West during a performance at the Grammy Awards in 2008 has shattered the record for a pair of sneakers ever sold. Sotheby’s
Apple boosts US investment pledge to $430 bn
Apple announced Monday it plans to boost its investment plans in the United States to $430 billion over the next five years, saying this would add some 20,000 jobs. The
