Coronation Merchant Bank allays fears of naira devaluation in 2020
Coronation Merchant Bank on Wednesday expressed optimism that the nation’s currency would not be devalued in 2020 as being speculated in some quarters. This, among
Category : Finance
Get finance news daily at Business Intelligence, Africa. We bring you daily Financial Market Analysis & News, breaking news and headlines that cover information across the finance landscape.
About Finance News
Understanding the system of money, investments, and other financial instruments cannot be overemphasized. The knowledge of Finance will not only give you basic information on what is going on as regards investments and other financial instruments but also for tasks in your everyday life and business.
This is the major reason why we ensure we provide you with up to date info. on what is going on in the finance landscape.
NSE: Market capitalisation loses N9bn on persistent profit taking
The market capitalisation of the Nigerian Stock Exchange (NSE) on Wednesday depreciated further by N9 billion, amid profit taking. Specifically, the market capitalisation, which opened
Experts explain inflation hike, anticipate further tightening by CBN
Financial experts on Wednesday attributed continuous inflation spike in January to minimum wage payment, border closure and Value Added Tax (VAT) increment announcement just as
FG, States, LGs share N647.35bn for January
The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee
VAT increase : AGoF says States, LGs to get more allocation from February
Mr Ahmed Idris, Accountant-General of the Federation says States and Local Government Councils will receive additional funds from February following the implementation of the 7.5
Anyaoku urges FG to utilise capital market to address infrastructure deficits
Mr Emeka Anyaoku, the former Commonwealth Secretary-General, has enjoined the Federal Government to utilise Nigeria’s capital market to address infrastructure deficits. Anyaoku made the call
Bankers Committee to help bridge infrastructure deficit in Nigeria
The Bankers Committee, in collaboration with the Central Bank of Nigeria (CBN), will work with the Federal Government to finance four roads in the country,
NSE: Bears still on rampage, index drops further by 0.08%
The bears continued to dominate the domestic equities market on Tuesday, as the Nigerian Stock Exchange (NSE)’s All-Share Index dropped further by 0.08 per cent.
12 states miss out of $4.5m World Bank fiscal transparency grant
The World Bank on Tuesday said 12 states missed out of its $4.5 million (N1.37 billion) State Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme for
SEC wants state govts to establish project companies to boost IGR
The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments to establish companies for specific target projects in order to boost their Internally
