ShareBy Aluta News April 24, 2022 The Corporate Affairs Commission (CAC), says the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo has approved the Insolvency Regulations (IR) 2022. This is contained in a statement signed by Mr Rasheed Mahe CAC’s Head, Media Unit on Sunday in Abuja. Mahe saidContinue Reading
ShareBy Aluta News April 23, 2022 The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They are a N75 billion FGN bond at 13.5 per cent interest rate, due in March 2025 (10 year re-opening)Continue Reading
ShareBy Aluta News April 16, 2022 The National Bureau of Statistics (NBS) said on Saturday that the nation’s inflation rate increased to 15. 92 per cent in March 2022. According to a report released by NBS in March 2022 the Consumer Price Index (CPI) which measures inflation increased to 15.92Continue Reading
ShareBy Aluta News April 08, 2022 Shareholders of Guaranty Trust Holding Company (GTCO) on Friday unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended Dec. 31, 2021. The shareholders gave the endorsement at the holding company’s 1st Annual General Meeting (AGM) inContinue Reading
ShareBy Aluta News April 03, 2022 The Central Bank of Nigeria (CBN), has warned Deposit Money Banks (DMBs) to stop bringing “composed banknotes ” as part of their deposits with the apex bank. The warning is contained in a circular issued in Abuja by Ahmed Umar, the Director, Currency OperationsContinue Reading
ShareBy Aluta News Mar. 22, 2022 The House of Representatives has urged the Central Bank of Nigeria (CBN) to reinforce the use of coins as legal tender in the country. The resolution followed the adoption of a motion by Rep. Muda Umar (APC-Bauchi) at the plenary on Tuesday. Umar inContinue Reading
ShareBy Aluta News Mar. 21, 2022 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a retention of the country’s Monetary Policy Rate (MPR) at 11.5 per cent for the upteenth time. Mr Godwin Emefiele, the CBN Governor, who announced this on Monday in AbujaContinue Reading
ShareBy Aluta News Mar. 13, 2022 Airtel Nigeria, a telecommunications company, has unveiled a new self-care portal to empower businessowners on its network to gain total control of their service accounts. Airtel Business Director, Ogo Ofomata, in a statement on Sunday said the self-care portal would allow businessowners access variousContinue Reading
ShareBy Aluta News Mar. 6, 2022 Guaranty Trust Holding Company Plc, (GTCO Plc) has released its audited financial report for the year ending Dec. 31, 2021. The group, in a statement on Sunday in Lagos, said the company released the financial report to the Nigerian and London stock exchanges, declaringContinue Reading
ShareBy Aluta News Feb. 24, 2022 The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) and Jaiz Bank Plc Matching Fund initiative to boost the capacity of Micro and Small Enterprises (MSEs) has begun. A statement issued in Abuja on Thursday the by Corporate Affairs Division of the agency,Continue Reading