Finance
Food prices moderates inflation to 17.01%, Kogi in highest rate
The National Bureau of Statistics, NBS, said headline inflation dropped to 17.01 per cent in August, 2021 following slower pace of increase in food prices. [Click for More]
Finance
Finance
VAT Dispute: Rivers drags FIRS to supreme court, seeks disbandment of appeal court panel
In a new twist, the Rivers State government has filed an appeal at the Supreme Court to challenge the ruling of the Court of Appeal [Click for More]
Finance
PRESIDENT BUHARI SEEKS NASS APPROVAL FOR FRESH EXTERNAL LOANS
President of the Senate, Ahmad Lawan has formally disclosed a fresh move by President Muhammadu Buhari’s administration to swell the nation’s external debt profile. On [Click for More]
Finance
BREAKING: CBN to establish Nigerian International Financial Centre
The Central Bank of Nigeria, CBN, plans to establish the Nigerian International Financial Centre, NIFC, in the next 12 months. The Governor of the bank, [Click for More]
Finance
VAT: Presidency faults Wike, denies shortchanging South for North
The Presidency has faulted the position of the governor of River State, Nyesom Wike, that the federal government was taking Value Added Tax, VAT, from the [Click for More]
Finance
SEC seeks to deepen the capital market with risk based guidelines
In the Nigerian capital market, the Securities and Exchange Commission (SEC) has implemented a risk-based management guideline. The Risk Management Association of Nigeria (RIMAN) has [Click for More]
Finance
Fidelity Bank Reports 72.4% Increase in PBT To N20.6bn
Fidelity Bank Plc has announced a profit before tax of N20.6billion for half year ended June 31, 2021 as against the N12billion in reported in [Click for More]
Finance
5G: Senate imposes N350bn revenue target on NCC
The Senate has asked the Nigerian Communications Commission to take the advantage of the National Policy for Fifth Generation network, to generate N350bn for the [Click for More]
Finance
CBN denies plans to convert forex in domicilliary accounts to naira, condemns rumours
The Central Bank of Nigeria (CBN) has stated categorically that it has no intention of converting forex in domiciliary accounts of bank customers to naira [Click for More]
Finance
Banks begin enforcement of CBN forex directive, order travelers to return unused forex
Some deposit money banks acting on the directive of the Central Bank of Nigeria (CBN) have sent notices to their customers warning that identities and [Click for More]