![Hong Kong authorities have branded the protesters enemies of the people, saying they would never achieve their goals through violence. [Achmad Ibrahim-AP Photo]](https://www.today.ng/wp-content/uploads/2019/11/18095111-218x150.jpg "Hong Kong’s night of mayhem — in pictures")
AfDB invests $50m equity in AFC
The African Development Bank on Wednesday announced a $50m equity investment in African Finance Corporation.
Federal government to remove tax exemption on oil companies’ dividends
Dividends paid from the profits of oil companies will no longer be tax-exempt if the finance bill submitted by President Muhammadu Buhari is passed by the national assembly.
Edo not among ‘commercial borrowing states’ – DMO chief
The Director-General of the Debt Management Office (DMO), Mrs Patience Oniha, has lauded Governor Godwin Obaseki of Edo State for his prudent borrowing habit.
Nigeria’s Interswitch hits $1billion valuation with Visa investment
Nigeria’s digital payments firm Interswitch said Visa has acquired a minority equity stake in the firm, TechCrunch has reported.
Bankers unaware of reports defrauding Nigerians using Western Union
Some bankers said they were unaware of the alleged report that Nigerians are being defrauded through Western Union.
Report: Emerging markets still deprived of fit-for-purpose financial systems
The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets. Policymakers, regulators and financial services organisations should more actively shape a financial system that is fit for purpose.
Nigerian banks assets, liabilities hit N39.58 trillion
The total assets and liabilities of commercial banks in Nigeria rose from N37.14tn at the end of November 2018 to N39.58tn as of the end of August 2019.
Nigerian banks attract $4.74 billion foreign investments in six months
Data obtained from the National Bureau of statistics showed that the amount of investment attracted by 22 banks accounted for 33.16 per cent of the total amount of foreign investment recorded in the first half of the year, which stood at $14.31bn.
Britain’s credit rating slips to negative
Credit ratings agency Moody’s on Friday downgraded the outlook for Britain’s debt, citing mounting policy challenges amid the Brexit debate.
Jaiz Bank to open more branches as management pledges bumper returns to shareholders
Managing Director of Jaiz Bank Plc, Mr Usman Hassan, has assured the bank would continue to target an organic growth strategy that would enable it have presence in all 36 states of the country following its recent national banking license granted it.
House of Reps probe central bank’s $7 billion to banks from foreign reserve
The House of Representatives has begun investigation of the non-refund of $7bn withdrawn from Nigeria’s foreign reserves by the Central Bank of Nigeria in 2006 to pay banks and assets managers, which have since not been refunded.
Jaiz Bank transcends religious affiliation – chief
The Managing Director, Jaiz Bank Plc, Mallam Hassan Usman has explained that the workings and offerings of the bank are available to all customers regardless of their religious beliefs and ethnicity.
NDIC has zero tolerance for corruption – chief
The Nigeria Deposit Insurance Corporation (NDIC) says it has zero tolerance for corruption and all forms of malpractices within the Corporation and in the implementation of its mandate.
Style By Zenith 2.0
Participate in the largest lifestyle event of 2019. Style By Zenith 2.0 promises to be 3 days of fun, bargain price yuletide, shopping, games, masterclasses, music performance by top Nigerian artistes and lots more.
Nigeria on steady economic growth – central bank chief
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties.
Senate summons central bank chief over exchange rates for infrastructure projects
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
DBN, NSE partner to create capacity for MSMEs
The Development Bank of Nigeria (DBN) has announced that it is partnering with the Nigerian Stock Exchange to explore ways in building capacity and bringing Micro Small and Medium Enterprises (MSMEs) to the floor of the Exchange.
Godwin Emefiele: CBN’s unconventional growth policy paying off
Central Bank of Nigeria Governor, Godwin Emefiele, has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.
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SoftBank proposes $30 billion merger between Yahoo Japan and Line
Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten.
Catalan president goes on trial for ‘disobedience’
The president of Catalonia’s regional government went on trial in Barcelona on Monday for “disobedience” after refusing to remove separatist symbols from public buildings, amid heightened tensions in the Spanish region.
Federal government should focus more on wellness, less on disease – MWAN chief
The Federal government must change its current focus on the treatment and cure of diseases and, rather, embrace the practice of taking care of the overall wellness of Nigerians if the currently poor health indices of the country are to improve.
House of Reps minority leader blasts PDP national chairman over ‘unguarded utterance’
Leader of the Minority Caucus in the House of Representatives, Ndudi Elumelu, has expressed shock over what he described as “unprecedented and unguarded” comments credited to the national chairman of the opposition Peoples Democratic Party (PDP), Prince Uche Secondus via one of his aides.
Super Eagles captain rates Lesotho’s Crocodiles high despite 4-2 win
Super Eagles captain Ahmed Musa has applauded Lesotho’s Crocodiles despite Nigeria’s 4-2 win in an Africa Cup of Nations qualifying match on Sunday, November 17, at Maseru.
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Kogi guber: Voting begins with massive turnout
Voting has commenced in the Kogi Governorship and National Assembly election in the western senatorial district of the state, reports have it.
President Buhari urges aggrieved Bayelsans to go to court
President Muhammadu Buhari has congratulated most warmly, the All Progressives Congress (APC) governorship candidate in the November 16 election in Bayelsa State, David Lyon, on his impressive victory.
OPL 212: Supreme Court orders NNPC to pay N8.14 billion in damages to BCE
The Supreme Court on Tuesday upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation to pay $22.6 million (N8.1billion) in damages to BCE Consulting Engineers over a failed Consultancy Service Contract.
Gonzalo Higuain set for ‘new Juventus agreement’
Juventus sporting director Fabio Paratici has revealed that Gonzalo Higuain is close to penning a new contract.
SoftBank proposes $30 billion merger between Yahoo Japan and Line
Japan’s SoftBank plans to merge internet unit Yahoo Japan with messaging app operator Line to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten.