Business

Fidelity Bank profit soars

PM NEWS Editor

5 years ago

CEO Onyeali-Ikpe said the growth was on the back of Increased customer transactions and improved operational efficiency.

Transforming Nigerian financial services through Fintech

PM NEWS Live

5 years ago

Nigeria has been heeding the call of the growing demand for financial services providers to provide fintech solutions for convenience.

Forex: CBN issues strong warning to commercial banks

PM NEWS Live

5 years ago

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from…

Onyema joins Board of World Federation of Exchanges

Nimot Sulaimon

5 years ago

With the election on Sept. 9, Onyema will serve on the WFE board for a three-year term, representing Europe-Middle East-Africa…

Investors lose N146B on Nigerian Exchange

Kazeem Ugbodaga

5 years ago

Also, the NGX All-Share Index dipped 279.55 points or 0.71 per cent, returning to 38,000 mark, to 38,921.78 from 39,201.33…

Naira goes into the weekend bruised and battered by U.S. Dollar

PM NEWS Editor

5 years ago

In the black market, it dipped to N545 to the dollar on Friday, about 0.9 percent depreciation compared to Thursday's…

Breaking: Sanwo-Olu signs VAT Bill into law

Kazeem Ugbodaga

5 years ago

Lagos State Governor Babajide Sanwo-Olu has signed into law the State VAT Bill as passed by the House of Assembly.

Autochek acquires ROAM Africa’s online car platforms

PM NEWS Live

5 years ago

The deal, which will be finalised in weeks, will see Cheki Kenya and Uganda’s operations integrate with the wider Autochek…

GT Bank’s profits dip, posts N93.1bn in 6 months

Michael Adesina

5 years ago

Guaranty Trust Bank, now Guaranty Trust Holding Company Plc, has posted a profit before tax (PBT) of N93.1 billion for…

E-commerce promoting local restaurants, African Cuisines

Kazeem Ugbodaga

5 years ago

Since covid-19 entered the global equation in the early part of 2020, business operations and other human activities have been…

Tin Can Island Customs command hits N320bn revenue in 8 months

Kazeem Ugbodaga

5 years ago

The Area Controller, Tin Can Island Command, Nigeria Customs Service, Comptroller Abdullahi Musa, on Thursday said that the command generated…

Access Bank partners SME.NG to launch Ebi Marketplace for women

Taiwo Okanlawon

5 years ago

The Ebi marketplace is part of the bank's moves to provide female entrepreneurs with an opportunity to access easy finance,…

Naira slumps to record N540 per US Dollar

PM NEWS Editor

5 years ago

The Naira fared worst against the pound, depreciating by 1.4 percent as against the 0.9 percent fall against the dollar.

AFEX advocates for digital financial inclusion for smallholder farmers

Taiwo Okanlawon

5 years ago

Nigeria's leading commodities' player, AFEX, on Monday held a side-event at the 2021 African Green Revolution Forum (AGRF) to advocate…

Adeosun appointed as MOMAN Chairman

PM NEWS Live

5 years ago

He takes over from Mr Tunji Oyebanji, Chief Executive Officer, 11 Plc, who has been piloting the affairs of MOMAN…

Interswitch Group partners with Codebase to improve digital banking

Nimot Sulaimon

5 years ago

The partnership will help broaden access to financial services for Africans, driving greater financial inclusion across the continent.

Saipem launches share buy-back programme

PM NEWS Editor

5 years ago

The Programme regards the buy-back of the Company’s own shares to cover the 2020 allocation of the 2019-2021 Long Term…

Why Bitcoin is a Speculative Asset

PM NEWS Live

5 years ago

Most people were reluctant about trading or investing in Bitcoin. However, this virtual currency's increasing prices or value has prompted…

Who is a Bitcoin Whale?

PM NEWS Live

5 years ago

A Bitcoin whale is an entity or an individual with extensive Bitcoin holdings. It’s a person, an enterprise, or a…

Why Regional Development Banks should manage seized Assets

Kazeem Ugbodaga

5 years ago

Financial integrity would require effective mechanisms to secure the recovery and return of assets considered to be of illicit origin.

FG orders immediate deployment of 5G network

Kazeem Ugbodaga

5 years ago

The Federal Government has ordered the immediate deployment of 5G network across the country.

MultiChoice: Andersen faults FIRS’ basis for N1.8trn tax liability

Kazeem Ugbodaga

5 years ago

Leading tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS) arrived at the N1.8…

Hyundai Motors, Access Bank launch ‘buy now and pay later’ offer

Kazeem Ugbodaga

5 years ago

Hyundai Motors Nigeria Limited (HMNL) in collaboration with Nigeria’s top financial institution, Access Bank plc has launched a vehicle finance…

FCMB Wins Best SME Bank in Africa and Nigeria Awards

Ademola Adegbamigbe

5 years ago

First City Monument Ba emerges Best SME Bank in Africa and Best SME Bank in Nigeria. That was at the…

Niger shuts UBA, Stanbic IBTC, First Bank, Union Bank, others over N456m debt

Kazeem Ugbodaga

5 years ago

The Niger State Internal Revenue Service (NGSIRS) on Monday shut down eight commercial banks and the state head office of…

Stanbic-IBTC to pay interim dividend, despite fall in profits

PM NEWS Editor

5 years ago

Gross earnings also fell by 26.06 per cent to N93.59 billion, as against N126.57 billion recorded in the same period…

Setback for Stanbic IBTC as profit crashes by 52.85 percent

Kazeem Ugbodaga

5 years ago

Stanbic IBTC Holdings Plc on Monday posted a profit before tax (PBT) of N24.70 billion for the first six months…

Wike orders RIRS to collect VAT, beckons on other states

PM NEWS Editor

5 years ago

He maintained that the benefits derivable from the judgment of the Federal High Court in Port Harcourt, also extend to…

VAT: Wike floors FG again, as court dismisses FIRS’ stay execution application

Kazeem Ugbodaga

5 years ago

A Federal High Court sitting in Port Harcourt, has dismissed an application by the Federal Inland Revenue Service, FIRS, seeking…

Open grazing, VAT bills scale second reading at Lagos Assembly

Kazeem Ugbodaga

5 years ago

The Lagos State House of Assembly on Monday committed the bill on open grazing to the committee on agriculture after…

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