Banking, Finance & Investment

Equity Group has reported a Sh34.3billion profit for the first nine months of the year, a 27.9 per cent jump from Sh26.9billion posted in the same period last year attributed …

The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on the bank’s website announcing the …

PowerChina and Swiber Africa have set up an agro-industrial park in Abia State to drive industrialization and boost foreign exchange earnings. The project, estimated at over $500m, is targeting to …

 I&M Bank has posted a Sh7.1billion net profit in the third quarter of 2022, a 24.1 per cent growth from Sh5.7billion posted in the same period in 2021. During the …

 Morocco’s ambassador to Nigeria Moha Ou Ali Tagma has emphasized the importance of  Moroccan-Nigerian cooperation, highlighting the two countries’ determination to work in different fields. In an interview with Nigerian …

The Senate has set up an ad hoc committee to carry out investigation into the alleged uneven disbursement of half a trillion naira loan to the six geo-political zones by …

The Central Bank of Nigeria has instructed commercial banks in the country to work on Saturdays till January 31, 2023, to enable bank customers to return old naira notes for …

The Federal Government has identified about 213 gas blocks that are open for investments. A document obtained by The PUNCH titled, “Nigeria’s Cretaceous Basins: The Potentials for Gas,” put together by the …

The President, Institute of Chartered Accountants of Nigeria, Mallam Tijani Isa, has advised the Central Bank of Nigeria to find a lasting solution to the economic challenges occasioned by its …

Bank Al-Maghrib (BAM), Morocco’s central bank, and the Office des Changes (OE), the country’s foreign trade watchdog, signed a partnership agreement on Monday in Rabat. The agreement aims to establish …