Red Star Express Plc has announced a 20 per cent rise in its profit after tax for the third-quarter ended December 31, 2011. In the result that was released to the Nigerian Stock Exchange on Friday, the company’s profit rose to N250.3m, indicating N40m increase or 20 per cent increase […]

Branch Coordinator, Nigerian Inter Bank Settlement Scheme, Ilorin, Mr. Owoeye Oluwaseun, has said that the cash-less economy being implemented by the Central Bank of Nigeria will improve efficiency in financial transactions and enhance economic growth. Speaking during a lecture, titled, ‘Cash-less economy: prospects, challenges and expectations,’ organised by Ilorin Bankers […]

Following the commencement of the cash-less policy of the Central Bank of Nigeria in Lagos State last month, the Managing Director of Financial Derivatives Company Limited, Mr. Bismark Rewane, has said that the policy will increase price level in the short term. There has been debate by different analysts over […]