HSBC announces US$25 million COVID-19 donation fund

April 16, 2020 245

Breaking News Financial Markets

Global bank,HSBC has made USD25 million available to support the international medical response, protect vulnerable people and ensure food security,according to a statement by the bank march 26,2020. Donation decisions will be made locally in response to local developments. This week we have pledged an initial 1 million pounds sterling to the Red Cross and […]Continue Reading

GTB Goes For Proxy-Based AGM

April 15, 2020 249

Breaking News

Leading commercial bank,GTB has opted for a proxy-based annual general meeting as a way out of the challenge posed by official control measures against the spread of Covid-19 in the country.The bank said last week that it would ask its shareholders to agree to a number of proxies who would represent them at the limited […]Continue Reading

OPEC Plus, Others Cut 10 mbpd Oil Output

April 11, 2020 307

Breaking News Oil & Gas

Putin's Russia leads OPEC+Continue Reading

COVID 19 – Fiscal authorities unleash another round of stimulus

April 8, 2020 250

Economy News

Cardinalstone Research looks at the financial authorities plan to cushion the adverse effects of covid-19 on the country’s economy,Monday,April 6,2020. Earlier today,Monday,April 6,2020, the Federal Government (FG), through the Minister of Finance, Budget, & National Planning, formally announced a set of fiscal stimuli aimed at easing the medical-cum-economic Continue Reading

Aig-Imoukhuede Gets His Coronation

March 8, 2017 494

Banking & Finance

By Sanya Ademiluyi Banking pearl, Aigboje Aig-Imoukhuede has fangled a new banking investment. He recently got government approval to start operating a new merchant bank known as Coronation Merchant Bank.It is the latest addition to the country’s banking and finance industry. Strictly for those who may not know, Aig-Imoukhuede is the former Managing Director/CEO of […]Continue Reading

Finance Minister Says N5.1Trillion So Far Released For 2016 Budget

March 7, 2017 255

Economy

The Federal Government has so far released ‎the sum of 5.1 trillion Naira out of 6.06 trillion Naira passed by the National Assembly in the 2016 budget. The Minister of Finance, Kemi Adeosun, said this on Wednesday at a meeting organised by the Joint National Assembly Committee on Appropriation in Abuja, Nigeria’s capital. Mrs Adeosun […]Continue Reading