TheCitizen – It's all about you Nigeria's leading online newspaper
United Bank for Africa Plc [UBA] is expected to post one of the most improved corporate results for the 2019 operations. The highest profit advancement ...
Read More »What to expect from UBA
GTBank adopts aggressive cost-cutting to cover revenue weakness
Guaranty Trust Bank is in the forefront of aggressive cost cutting drive of banks unable to grow revenue. Cost cutting has been the bank’s profit growth strategy since 2017 – when it lifted net profit a clear 27 percent from flat growth ...
Read More »Economy: Self-survival instinct keeps Nigeria from failed state – TheCitizen
Nigeria has unwittingly drifted to the region of a failed state but it hasn’t failed. Prof Andrew Nevin, Chief Economist at PricewaterhouseCoopers, has an explanation for this. The reason why Nigeria has not failed as a state is the ...
Read More »Joblessness to trigger next economic recession – TheCitizen
The fears earlier expressed by the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, that Nigeria risks relapsing into another economic recession are not yet over. He gave the hint that this time it wiuld be unemployment ...
Read More »CBN: How to run Nigeria’s economy by luck and chance – TheCitizen
Five years from the economic decline in 2016, the fiscal stimulus that the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, said was desperately needed “to spend the economy out of recession” has not happened ...
Read More »VAT increase: It’s a zero sum game – TheCitizen
In the fiscal policy-making circles, increasing Value Added Tax [VAT] is considered the most effective instrument for narrowing fiscal gap and the least in terms of political sensitivity. Revenue challenges have got to the point ...
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