FINANCE

Barely a week after recovering $311m (N118bn) stolen by the late Head of State, Gen. Sani Abacha, the United States has said there is a fresh $319m (N121bn) Abacha loot in the United Kingdom and France. The US Embassy in Nigeria in a…

Guaranty Trust Bank plc has released its unaudited financial results for the period ended March 31, 2020, to the Nigerian and London Stock Exchanges. A review of the results shows positive performance across all financial…

The Central Bank of Nigeria (CBN) has devalued the Naira exchange rate on the Investors and Exporters’ (I&E) window from the N366.7 to N380.20 to a dollar.  This is as a result of the drastic drop in crude oil price to below $30 per…

Guaranty Trust Bank Plc has announced the launch of Beta Health, a low-cost health financing product that offers instant access to health insurance for every Nigerian. The first of its kind in Nigeria, Beta Health provides coverage for…

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. Federal Government has on March 18 announced a slash in the 2020 budget by N1.5tn as part of measures to respond to the impact of coronavirus on the economy. Also…

Polaris Bank is rewarding its numerous customers with cash prizes and other exciting gifts through its ongoing Polaris “I Love Purple” Valentine’s day Campaign." To win in the 10 day “I Love Purple” campaign, customers are required to…

Small and Medium Scale Enterprises (SMEs) are globally recognized as engines of socio-economic transformation. In Nigeria, they are at the heart of a push for economic prosperity. Together with micro-scale ventures, these businesses…

Nigerian businesses have kicked off the implementation of the 7.5% Value Added Tax (VAT) rate, following the introduction of the Finance Bill. Last month, President Muhammadu Buhari had signed the country's finance bill into law, with…

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said beneficiaries of the N-power…

Guaranty Trust Bank, GTBank had on Monday, 20 January 2020 announced the extension of its banking hours till 6 pm due series of banking issues faced by customers. The extension, the bank said, was to make up for the inconveniences…

Photo courtesy of Guardian NGR and powered by Zenith Bank.

Photo courtesy of Guardian NGR and powered by Zenith Bank

Photo courtesy of Guardian NGR and powered by Zenith Bank

In less than 2 months, Africa’s richest man, Aliko Dangote has lost more than $100 million of his net worth. Dangote’s fortune dropped by 0.8% to $12.3 billion from the last record of $12.8 billion as at Monday, May 21, 2018,…