CBN Injects $100m Into Interbank Market The Central Bank of Nigeria (CBN) yesterday released $100 million into the Nigerian Forex market to boost liquidity in the...
350,000 Get Fed Govt Interest-free Loans No fewer than 350,000 small businesses have benefited from the Federal Government’s interest-free loans, it was learnt yesterday. The beneficiaries...
35 Stocks Fall, Investors Lose N154bn in One Day The losses recorded by 35 equities listed on the Nigerian Stock Exchange at the end of trading...
Osinbajo Advises States Against Raising IGR at All Costs Vice-President Yemi Osinbajo on Thursday advised state governments not to fall into the temptation to prioritise raising...
Domestic Financing Critical to Economic Growth, Says Kuru The Managing Director, Asset Management Corporation of Nigeria, Mr. Ahmed Kuru, has said that domestic financing options, through...
Federal, States, Local Govts Share N701b The Federation Account Allocation Committee (FAAC) yesterday shared N701.022 billion to the three tiers of government as federal allocation for...
Stock Market Falls for Fifth Straight Day The stock market continued its losing streak on Wednesday, as the market capitalisation of equities listed on the Nigerian...
Group Seeks Law Against Excessive Borrowing by States The Social Development Integrated Centre on Wednesday called on the National Assembly to come up with stringent legislation...
States to Push for New Revenue Allocation Formula Members of the Federation Accounts Allocation Committee have commenced discussions on the review of the current revenue allocation...
Report: Banks Won’t Lower Lending Rates Banks are not keen on lowering lending rates even if the Central Bank of Nigeria (CBN) brings down its benchmark...
