Business

Institutional income strategies channel – ETF Trends

DailyTimesNGR DailyTimesNGR 5 February 2024 0

By Godwin Anyebe Emerging markets debt proved sturdy in 2023. And more of the same could be on the way this year. That’s because fixed income investors are looking outside of the U.S. for elevated levels of income. That could be good news for ETFs such as the BondBloxx JP Morgan USD Emerging

Business Headlines

Tier-1 banks increase fee, commission income by 35% to N202.5bn

Ihesiulo Grace 14 June 2021 0

Motolani Oseni The six-tier one banks operating in the country reported a 35 per cent increase in their fee and commission income from customers to N202.5billion in the first quarter of 2021 (Q1) ended March 31, 2021, as against N150.37 billion declared in the corresponding period in 2020. The financial institutions are FBN Holdings Plc, […]

Business Headlines

Forex, T-bills, other turnovers hit N145.7trn in 10 months

Ihesiulo Grace 26 November 2018 0

…Transactions turnover decline by N3.30trn in one month …As CBN reports $3.98bn FX net flow loss in Q3 As trading activities in the Fixed Income and Currency (FIC) market wind down in 2018, not less than a whopping N145.68 trillion has been traded in Foreign exchange (FX), Treasury bills (T. bills), FGN Bonds, among other […]

Money

VAIDS: FG deploys over 1,700 CTLOs to states – Adeosun

Ihesiulo Grace 27 November 2017 0

……Rules out extension of March 31, 2018 deadline for tax evaders The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS), the Honourable Minister of Finance, Mrs. Kemi Adeosun, has said. The minister has also confirmed the review of the tax profiles of […]

Economy

Nigeria Sovereign Investment Authority Nets N15bn Income in 2014

Ihesiulo Grace 31 March 2015 0

Nigeria Sovereign Investment Authority (NSIA), in a very impressive performance for 2014 notched N15billion in generated net income against a dismal N505 million for the preceding year (2013). MrUche Orji, The Managing Director, announced this while addressing newsmen on Authorities Financial Year report on Monday in Abuja.   “Total revenue during the period