The Nigeria Deposit Insurance Corporation will soon begin a risk-based audit of the banking sector. The move, it was learnt, became imperative in order to detect transactions that served as potential risk to the financial sector. To keep auditors of the corporation abreast with the latest auditing techniques, a three-day […]

The Central Bank of Nigeria has predicted a 24.64 per cent growth in broad money supply, also known as M2 for 2012. The CBN, in a report on Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for fiscal years 2012/2013, on Tuesday, added that the money supply would also grow […]

Press Release Release 2011 Financial Results-Group Net Profit of N4.67 bn Transnational Corporation of Nigeria Plc (Transcorp) released its audited accounts and consolidated financial statements of the group for the year ended December 31, 2011. · Operating profit of N1.4billion; an increase of 88% over 2010· Revenue and gross profit […]