Big Business

NSE And Bloomberg To Hold Markets Rountable
Big Business

NSE And Bloomberg To Hold Markets Rountable

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos. The CEO Roundtable themed “Navigating the Changing Business Landscape in Nigeria”, will bring together thought leaders and captains […]

Nigeria ePayment Hits NGN77.8 Billion In July
Big Business

Nigeria ePayment Hits NGN77.8 Billion In July

Latest data released by the National Bureau of Statistics, NBS shows that the Nigeria’s total electronic payment web payment has hit 77.8 billion as at July. According to the data, NEFT transfers has overtaken cheque payment with about 3,4 million transanctions NGN1,87 trillion in value. NEFT payment is mostly used by individuals […]

Ecobank Compensates Ex-Chairman, Kolapo Lawson
Big Business

Ecobank Compensates Ex-Chairman, Kolapo Lawson

Revelations have emerged that Ecobank Transnational Incorporated plc, ETI has compensated its ex-Chairman, Kolapo Lawson. Kolapo embattled in a long drawn legal tussle with ETI after exposing breach of corporate governance at the bank. It would be recalled that Kolapo Lawson had step down in 2013 after alleging that various […]

GTBank Impairment Loss Rose by 531%
Big Business

GTBank Impairment Loss Rose by 531%

GTBank has released its half year 2016 result showing the bank’s impairment charges rose by 530.9% to 37,5 billion compared to NGN5,9 billion loss provisions made for bad loans last year. GTBank’s gross interest income fell by 3.6% to NGN109,7 billion compared to NGN113,8 billion recorded within the same period last year. However, […]