Bill Seeking to Hike VAT Passes Second Reading
Bill Seeking to Hike VAT Passes Second Reading The bill seeking to increase Value Added Tax (VAT) from 5 percent to 7.5 percent passed the…
Finance
No More Treasury Bills for Individuals Says CBN
No More Treasury Bills for Individuals Says CBN In a bid to compel individuals to invest in the economy, the Central Bank of Nigeria has…
CBN Predicts 9 Percent Inflation By 2020
CBN Predicts 9 Percent Inflation By 2020 The Central Bank of Nigeria (CBN) has predicted that for the rest of 2019 and towards mid-2020, the…
FG Records $55bn Inflows At I&E Forex Window – CBN
FG Records $55bn Inflows At I&E Forex Window – CBN The nation has recorded foreign exchange transactions of over $55 billion inflows at the Investors and…
AfDB Receives Approval for $115bn Capital Increase
AfDB Receives Approval for $115bn Capital Increase The African Development Bank has received approval from 80 countries to increase its capital by $115 billion. The…
Nigerian Stock Exchange Loses 0.21% Last Week
Nigerian Stock Exchange Loses 0.21% Last Week The Nigerian Stock Exchange (NSE) sustained bearish trend last week as sentiment remained weak. The NSE All-Share Index…
Flood: Reschedule Loan Payment Plan, RIFAN Urges CBN
Flood: Reschedule Loan Payment Plan, RIFAN Urges CBN Following the recent flooding in Adamawa State that damaged standing crops, Rice Farmers Association of Nigeria (RIFAN)…
Nigeria’s External Reserves Slip By $1.26bn In 4-Week
Nigeria’s External Reserves Slip By $1.26bn In 4-Week The nation’s external reserves continued its downward trend as it slipped by $1.26 billion within four weeks,…
PoS Operators Lament CBN’s N50 Stamp Duty Charges, Call For Review
PoS Operators Lament CBN’s N50 Stamp Duty Charges, Call For Review The Central Bank of Nigeria’s policy of N50 charges on every individual transaction above…
Capital Market Important to Nigeria’s Economic Growth – Ahmed
Capital Market Important to Nigeria’s Economic Growth – Ahmed The Nigerian capital market is important to Nigeria’s economic growth and development, stated Mrs Zainab Ahmed,…