Metro

Equity Market Outlook: Research Expects Modest Recovery In 2019

…FSDH recommends value-investing Despite the sustained and heavy bear run on the equity market in the Nigerian Stock Exchange, NSE, investment analysts believe recovery may happen in the first quarter of the year. However, they also hinted on several factors that could mute the level of recovery and at the end of the year only a moderate recovery would be …

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FIRS Sets N8 Trillion Revenue Target In 2019

Babatunde-Fowler

The Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler has disclosed that the agency has given itself a target of N8 trillion revenue in 2019. To this end, it called on all taxpayers and other stakeholders to support the drive to make the target achievable. The FIRS boss who disclosed this at the organisation’s 2019 management and stakeholders’ retreat, …

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Nigeria Lost $2.8bn To Oil-Related Crimes In 2018 —UN Report

The United Nations says Nigeria lost an estimated 2.8 billion dollars in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report by the Secretary-General on the activities of the United Nations Office for West Africa and the Sahel’ on Monday in New York. The report, which covered from July 1, 2018 to December 31, …

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Union Bank Donates Over 6,000 Gift Items To Underprivileged This Festive Season

As a plus to its Corporate Social Responsibility (CSR) prowess, Union Bank, through its UnionCares initiative, provided relief for thousands of the underprivileged by donating over 6,000 care bags containing staple food items. The campaign, now in its third year, is co-funded by Union Bank and its employees. The bags containing nutritional staples included rice, beans, oil, salt and readymade …

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Nigeria’s E-payment Transactions Hit N56.85tr

Latest report from the Nigerian Interbank Settlement System (NIBSS), has shown that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion between January and end of September, 2018. The report, made available to newsmen on Sunday, represented an increase of N16.4 trillion when compared to the N40.45 trillion recorded in the corresponding period of 2017. According to the report, …

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Stabilize Macroeconomic Activities In 2019, Former MAN Chairman Urges FG

A former Chairman of Manufacturers Association of Nigeria in Ogun State Mr Wale Adegbite, has advised the Federal Government to redouble efforts in ensuring the stability of the macroeconomic sector to guarantee overall growth of the economy in 2019. Adegbite gave the advice in an interview with the News Agency of Nigeria in Ota, Ogun, on Monday. He said that the advice …

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This Country Is Hopeless And Helpless, Buhari’s Campaign DG, Amaechi, Declares In Leaked Tape

*Nigeria cannot change except everyone’s killed, he claims *Minister suggested that N18 billion transportation university was sited in Buhari’s village for political patronage *Charity should begins ‘abroad’ (Daura), he says Bayo Akinloye In a leaked tape that has gone viral online, the Director General of President Muhammadu Buhari’s Campaign Organisation, Rotimi Amaechi, has declared that Nigeria is a “hopeless and helpless” …

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Presidency Lied About Amina Zakari’s Relationship With Buhari, Says Junaid Mohammed

*Insists she’s president’s niece *Says INEC is compromised with her as head of INEC collation centre *Accuses Buhari of massive nepotism Bayo Akinloye Insisting that, Amina Zakari, the head of Election Collation Centre for the Independent National Electoral Commission (INEC) is a niece of Nigeria’s President, Muhammadu Buhari, a northern leader, Dr. Junaid Mohammed, has lambasted the Presidency for lying …

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Zenith Bank Pioneers Account Blocking With Code *966*911#

Poised to ensure its customers are protected and operate their accounts in a safe and secure environment, Zenith Bank has scored yet another first with the introduction of Account Blocking code *966*911#. A statement by the bank at the weekend said customers who suspect their accounts have been compromised, or who lost/misplaced their debit (ATM) cards can dial the Block …

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