October 31, 2016/Sunnewsonline.com By Chinenye Anuforo and Chinwendu Obienyi Economic recession is a period of general economic decline and is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. Generally, a recession is less severe than a depression. Recession […]
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KPMG Nigeria sees significant growth in mobile banking
31/10/2016/Punch ’Femi Asu KPMG Nigeria has described the improvement in mobile banking in the country as significant, attributing it to investments made by banks. The professional service firm stated this during the presentation of its 2016 Africa Banking Customer Satisfaction Survey in Lagos. According to the report, 42 per cent […]
Nigeria spent only half its budget through September, ministry says
29/10/2016/Reuters Nigeria spent only a little more than half its budget for 2016 through September, even though the year is three-quarters over, the budget ministry said on Friday. However, the ministry also said it had faced “unanticipated revenue shortfalls”. It did not give details on the shortfalls. At the end […]
