U.K’s FRC publishes revised governance code to enhance transparency.

The Financial Reporting Council (FRC) in the United Kingdom on Wednesday published a revised version of the country's Audit Firm Governance Code aimed at reducing...

Chileans protest against World acclaimed private pension scheme

The world acclaimed pension scheme seems to have run into problems as hundreds of thousands of people across Chile are protesting against the country's controversial privatised...

Scandal: BoI sells “missing” assets,127m shares in WAMCO for N39.95bn

.....staff rage over sale of shares in WAMCO. Another major scandal has broken in the Bank of Industry (BoI), as assets allegedly declared missing by...

Growing aluminum, metal scrap export threatens local users, jobs

By Mercy Musa. Small and Medium Enterprises (SME) operators who are local users of aluminum and metal scraps are alleging that the export of the items...

Why NAICOM introduces stringent conditions to revalidate brokers’ licences

The reason why National Insurance Commission (NAICOM) introduced stringent measures for the reinstatement of the licences of 108 insurance brokers it revoked last year...

Customs collects N647.2bn from import duty, other levies in 9 months

…Remits N433.8bn into Federation Account  The Nigeria Customs Service (NCS) has collected revenue of N647,295,101,275.51 in the first nine months of 2016.   The revenue collections by...

9 banks 2017 H1 earnings hit N1.07trn

Nine commercial banks grossed N1.07 trillion earning in the first half of the year surpassing N845.17 billion pooled same period in 2016. InsideBusiness' investigation shows...

CBN reverses self on Naira float

The Central Bank of Nigeria (CBN) has directed foreign exchange‎ dealers to dedicate 60 per cent of their forex to manufacturers. The latest move by the...

CBN’s N743m investment in Malaysian Islamic bank violates act, exposes weak corporate governance.

In clear defiance of its enabling act and without the approval of the president, the Central Bank of Nigeria CBN has invested N743 million...
Skye bank

Frequent defaults show Skye Bank still ailing

The worst is far from being over for Skye Bank as it is yet to submit its 2016 financial account to the Nigerian Stock Exchange (NSE), making it a...
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