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 […]

Facebook announced Monday that it will buy Instagram, a popular mobile-only photo-sharing app, for $1 billion. Instagram has garnered attention as its user base increased rapidly, from 1 million users in January 2011 to 15 million in December 2011, and 30 million users now, according to Business Insider. It marks […]