Nigeria’s Capital Inflow Drops by 7.8% in Q3, 2019 The total value of capital imported into the Nigerian economy in the third quarter of 2019 stood...
Investors Oversubscribed for FGN Bonds Investors oversubscribed for the FGN bond auctioned on Wednesday by N102.35 billion, according to the Debt Management Office (DMO). According to...
CBN ‘Counterproductive’ Policy Forced Nigerians to Pay Cash The Central Bank of Nigeria has introduced several policies and directives to stimulate growth, turn Nigeria into a...
FG Endorsed €500 Million Loan for Bank of Industry The Federal Government on Wednesday approved the provision of a Sovereign Guarantee of €500 million from Credit...
Cashless Policy Suffers Setback as Merchants Dump POS Merchants have started dumping Point of Sale (PoS) for cash payments as customers refused to pay N50 stamp...
Foreign Inflow Declined by 6.7% in Q3 The total foreign exchange inflow recorded by the Central Bank of Nigeria in the third quarter stood at $11.69...
Total Assets in the Banking Sector to Hit N44.2trn The total assets within the Nigerian banking sector may hit N44.2 trillion by the end of the...
Nigerian Stock Exchange Sheds N188b on Monday The Nigerian Stock Exchange (NSE) lost N188 billion on Monday despite closing in the green last week. The NSE...
Oil Firms to Start Paying Tax on Dividends Oil companies operating in the country will start paying tax on dividends paid from the profits they generated,...
Francophone Nations in West Africa to Move Reserves From France Former French colonies in the West Africa region are planning to move their foreign reserves from...
