The Consumer Price Index (CPI) which measures inflation maintained a downward trajectory to 11.02 per cent (year-on-year) in August compared to 11.08 per cent in July, according to the National Bureau of Statistics (NBS).
Former president Olusegun Obasanjo says xenophobic attacks in South Africa will make investment in the country difficult.
Infinity Mortgage Bank To Grow Total Assets To N26.22 By 2022 …Seek To Raise Fund To Boost Operations
With total asset standing currently at N11.23 billion and shareholders’ funds raising to N6billion as at July 31st 2019, the management of Infinity Trust Mortgage Bank Plc has projected that considering the bank’s management operational proficiency, its total asset and earnings will rise to N26.22 billion and N4 billion by December 31st 2022 respectively.
All is now set for the “Zenith Bank Aspire Music Festival” holding on Saturday, September 21, 2019 at the Harbour Point Event Centre, Victoria Island, Lagos by 5 pm.
The Provost, Niger State College of Education (COE) Minna, Prof. Yakubu Auna has said that over 9,000 certificates of graduates from the institution were yet to be collected by their owners.
Ecobank Nigeria says over 100,000 merchants have been onboarded on the EcobankPay platform with transaction value reaching N2billion. EcobankPay offers customers a multi-channel payment experience that includes Mobile QR Payment at merchant stores (mCash, Masterpass and mVisa), Merchant QR is set up via Facebook Messenger as well as USSD payment for low-income phone users. EcobankPay is used by all businesses from small, informal micro merchants to large corporates as well as governments. It enables them to offer easy and convenient payment options to their customers in-store or online.
FMDQ Commences Series II Of Derivatives Market Training For Stakeholders … Hosts Media Representatives, Treasurers And More To Training Sessions
FMDQ Securities Exchange Plc has activated the FMDQ Exchange Derivatives Market Development Project (the “Project”) in 2018 to set the tone for and facilitate the launch of a standardised derivatives market in Nigeria by the Exchange.
The Securities and Exchange Commission, SEC has assured investors that the Commission is committed to ensuring that suspicious transactions are not allowed in the capital market. To this end, the Acting Director General of the SEC, Ms. Mary Uduk, urged market operators to make use of the Commission’s whistle blowing policy and report any such infractions for immediate actions.
The Chief Executive Officer (CEO), of FSDH Merchant Bank Limited, Hamda Ambah, has warned that, the country risks economic suicide should it continue to subsidise fuel. The FSDH boss at an interactive session with the media on initiatives to revamp the downstream oil and gas sector, warned further that, in the face of dwindling revenue, Government could no longer sustain the continued payment of fuel subsidy which skyrocketed from N225 billion in 2017 to N731 billion in 2018.
The Manufacturers Association of Nigeria (MAN) has urged Nigerians to endeavour to consume goods produced locally due to its many advantages.