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treasury bills - fixed income

Difference Between Fixed Deposit and Treasury Bills

Difference Between Fixed Deposit and Treasury Bills #TreasuryBill #Money #Deposit
Disrupting Nigerian banks, Evolution of Nigerian banks in 59-years , GTB, UBA, Zenith, Access Banks’ salary advance loans, Can a company operate without a website in 2019? , Banks refund N3.09 billion to customers over claims on excess charges, fraud, others  , Bank CEOs applaud NCC’s decision to suspend USSD charges, GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR, Banking: Evolving trends in the bankers’ market, GTBank, Access, FBNH, Standard Chartered wrestle over women entrepreneurs , GTBank, Access Bank, Zenith, FBN, 16 others disburse CBN’s N610.4 billion to farmers , Credit to government declines, as Credit to private sector hits N25.8 trillion, Banking sector NPLs down, loans up, Non-Performing Loans in Agriculture, construction, others rose to N143.76 billion, Asset seizure: Banks begins recovery of N6.125 trillion borrowed to the oil sector, Customer Experience: GTB, FCMB, Citibank, others emerge best banks in 2019  

GTB, UBA, Zenith, Access Banks’ salary advance loans 

Nigeria’s tier-one banks are competing with the fintechs, as they offer quick, easy and cheaper loans without collateral.  
Access Bank CEO, Herbert Wigwe

Herbert Wigwe sells 28.8 million Access Bank shares

Access Bank's Chief Executive Officer, Herbert Wigwe, has sold 28.86 million shares worth N297.82 million, which represents 2.33% of his stakes in the bank. The transaction, which was done through Trust Capital Limited, was disclosed in a notice filed at the Nigerian Stock Exchange.
Economic Growth, CBN, Governor, Emefiele

What you need to know about new BVN 2.0

What you need to know about new BVN 2.0. #CBN #BVN
CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract

CBN condemns receiving foreign currency in transfers

CBN has lamented the rate at which international money transfers are done in foreign currencies by Nigerians, saying it is detrimental to naira. 
Dangote finally addresses how he amassed his wealth without father’s money, Dangote talks about when he will buy Arsenal 

Dangote, other Nigerians hold form as Forbes releases richest African billionaires list

Forbes Magazine has released the 2020 version of its annual richest African billionaires ranking. The list has four Nigerians, as Dangote leads the pack.
Canada Express Entry

Applications for Canadian Permanent Residency hit 31,250, as minimum score drops again

The latest draw of Express Entry candidates who applied for the Canadian Permanent Residency, has taken the number of Invitations to Apply (ITAs) issued so far in 2019 to 31,250.
CBN’s new bank charges takes off today, Customers blame long queue in banking halls on banks new ATM withdrawal limits 

Long queues return to banking halls, as customers avoid new ATM withdrawal limits 

Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller Machines (ATM).
Lagos Airport

FG concludes plan to demolish Lagos Airport, reconstruct with N14bn

The Federal Government of Nigeria (FG) has revealed that plans have been perfected to demolish the Murtala Muhammed International Airport, Lagos, in order to reconstruct it.
Loom Money Africa

Before you get ‘Loomified’, beware of the latest ponzi scheme in town

Following the launch of Loom, Nigerians have thrown caution to the wind as they rush to partake, forgetting the recent the drama accompanied the collapse of MMM.
Godwin-emefiele - - Monetary Policy: CBN set to unfold 2019 plans

Snippets of the 5 newly licensed banks emerge

Titan Trust Bank and Globus Bank are two of the five new commercial institutions reportedly licensed by the Central Bank of Nigeria
Networking, way to success in Nigeria

GTBank crashes ‘Quick credit’ to 1.33% monthly

Guaranty Trust Bank, Nigeria's largest bank by market capitalization, has crashed its interest rate for its payday loans from 1.75% to 1.33% per month. The bank reviewed its rate, which is published on its website,  as it becomes one of the lowest in the lending space. #GTBANK

What You Need To Know About Value Added Tax (VAT) In Nigeria

  VAT is a tax on the supply of goods and services which is eventually borne by the final consumer but collected at each stage...
Canada Express Entry

Canada invited 3,350 Express Entry Candidates to apply for PR in its April draw

Canada invited 3,350 Express Entry candidates to apply for Canadian permanent residency (PR) in a new draw held on April 17. This is contained in the country's recently released monthly newsletter.
Ugo Nwaghodoh, UBA

Promotions, lay-offs as UBA effects corporate right sizing

One of Nigeria's largest banks and largest by employees, United Bank of Africa has reportedly laid off several of its employees in a move viewed as corporate right-sizing.
Should Gokada, Max be afraid of OPay?, Nigeria Weekly Update: Naira interest rate and foreign exchange

Here are reasons Lagos may not reverse Okada ban

Mixed reactions have continued to trail the announcement of the Lagos State Government’s decision to ban motorcycles (Okada) and tricycles (keke) in major highways in Lagos.  
Canada invites fresh 3,600 Express Entry Candidates in latest draw , Canada invites 3,600 fresh Express entry for Canadian Permanent Residency , Canada invites 71,700 Express Entry Candidates, as cut-off score rise in October , Canada invites 7,200 Express Entry Candidates to apply for PR in its November draws , Canada invites 85,300 candidates for permanent residency in 2019, Canada invites fresh 3,500 candidates to apply for permanent residence 

Application for Canadian Permanent Residency hits 63,400

The Canadian Government invited 3,600 Express Entry candidates to apply for Canadian permanent residence.
7.5% VAT: Implementation to begin Feb 1 – FG, FIRS redeploys 50 directors in massive shakeup ,FIRS moves to stop tax evasion with newly launched intelligence system , FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler, FIRS to scale up tax compliance with new policies , FIRS tighten noose on deduction of stamp duty, CIT, others 

FIRS boss, Nami discloses why FIRS failed to meet revenue target under Fowler 

The reasons the FIRS failed to attain its tax revenue projections under former Executive Chairman, Babatunde Fowler, have been disclosed by his successor.
Analysts explain when, why CBN could devalue naira by 5-10%

Analysts explain when, why CBN could devalue naira by 5-10%

The report explains why a 5-10% devaluation of the naira is plausible amidst the CBN's recent monetary policies.
World bank loans, Over 56% of 2019 budget expenditure was released for capital projects , FG changes decision to sell stake of oil assets in JVs, Finance Bill: Nigeria exempts small businesses from Company Income Tax , Finance Bill is for the good of Nigerians – Finance Minister, Zainab Ahmed, Nigeria, five other West African countries reject ‘Eco’ as ECOWAS single currency 

Nigeria exempts small businesses from Company Income Tax 

The new Finance Bill will ensure the exemption of small businesses with an annual turnover of less than N25 million from Company Income Tax. 
How to earn extra income

Here are 10 ways you can earn an extra N50,000 every month

Many of us find ourselves struggling to augment our monthly regular take homes. What if there are other things we could do to earn extra incomes?
Shirley Ayorkor Botchwey, Ghana

Border Closure: Ghana begs Nigeria to open its borders

The Republic of Ghana has begged Nigeria to re-open its borders through its Foreign Minister and Regional Integration, Shirley Ayorkor Botchwey.
Dangote finally addresses how he amassed his wealth without father’s money, Dangote talks about when he will buy Arsenal 

Dangote reveals when he will buy Arsenal 

Founder and President of Dangote Group, Aliko Dangote, has disclosed when he is buying Arsenal
energy, corp, recapitalization, New FIRS boss, Nigerians react following the end of Fowler’s reign as FIRS boss, Buhari seeks recapitalisation of African energy corporation to $1 billion tune, Outrage as President Buhari approves N37 billion for National Assembly renovation, Buhari to create new economic opportunities in agric, other neglected sectors , Economy: President Buhari signs Finance Bill into law, Agric: Buhari advances commitment to improve textile, food security, others, FG concludes plan to borrow N2 trillion from Pension Fund , Pres. Buhari’s plan to tax US tech companies might provoke US trade war 

FG concludes plan to borrow N2 trillion from Pension Fund  

FG has concluded plan to borrow N2 trillion from the current N10 trillion pension funds to finance the development of infrastructure.
Canada

Applications for Canadian Permanent Residency hit 21,200 in just 3 months

Data has shows that the number of invitations issued for Canadian permanent residency hit 22,200 in the first quarter 2019.
DStv plans to go “dishless” as it introduces streaming product come 2020 , FG releases new broadcast media regulation to affect DStv’s monopoly , On Twitter, Nigerians are demanding pay per view subscription from DStv

DStv plans to go “dishless” as it introduces streaming product come 2020 

MultiChoice, the parent company of DStv is all set to introduce what is being referred to as a standalone ‘dishless’ streaming product. 
No surprise as MPC retains policy rates, balancing effects between rising inflation and tepid growth, Financial Inclusion: Fintech firms got $400 million investment in 2019 - Emefiele, Emefiele's silver bullet, CBN Governor, Godwin Emefiele, reacts to devaluation of naira call by analysts 

CBN Governor, Godwin Emefiele, reacts to devaluation of naira call

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira.

CBN reports it has “floated” the Naira

@centbank signaled it has floated naira, which implies that the Naira exchange rate will now be fully determined by market forces of demand and supply.
Massive losses force management shakeup at Unilever Nigeria

Massive losses force management shakeup at Unilever Nigeria

With losses mounting, Unilever's aggressive revenue growth is coming home to roost.
Aishah Ahmad, Central Bank of Nigeria, Godwin Emefiele,, CBN emphasizes Fintech regulation, tasks Fintechs on inclusion, Here’s why women are financially excluded in Nigeria 

Aishah Ahmad leads shortlist to replace Emefiele

If not re-appointed, Godwin Emefiele, might vacate his position for one of his deputies, Aishah Ahmad.