IMF: Nigeria’s capacity to repay our loan is adequate
The International Monetary Fund (IMF) has stated that Nigeria has adequate capacity to repay its loan. This was contained in a statement issued on Monday by the executive board of … Read More
The International Monetary Fund (IMF) has stated that Nigeria has adequate capacity to repay its loan. This was contained in a statement issued on Monday by the executive board of … Read More
The Securities and Exchange Commission (SEC) has disclosed that it is committed to making the capital market attractive to Nigerians of all ages and economic classes. This was disclosed by … Read More
Association of Securities Dealing Houses of Nigeria (ASHON) has admonished dealing member firms to review their operational models, create new products and deploy technology to upscale their operations. This advice … Read More
The Federal Inland Revenue Service (FIRS) has disclosed that it will start collecting taxes on income derived by companies from bonds and short-term securities. A bond is a fixed-income instrument … Read More
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that 28 companies benefitted from the first cycle of the 100 for 100 policy on production and productivity … Read More
Chief economist of PricewaterhouseCoopers (PwC), Andrew Nevin has stated that the federal government should focus more on economic growth and not just tax. This was disclosed on Saturday by Nevin … Read More
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has stated that the manufacturing companies should put efforts to reduce the prices of building materials in the country to … Read More
The Central Bank of Nigeria (CBN) has released guidelines for the e-Valuator and e-Invoice to replace hard copy invoices for both exports and imports. A circular to that effect was … Read More
The world largest crypto by market cap, Bitcoin dropped more than 9 percent on Friday to $38,147. According to data on CoinMarketCap, this is the lowest rate since August 2021. … Read More
Chief executive officer of Financial Derivatives Company, Bismarck Rewane has disclosed that the country’s inflation rate will remain structurally high at a full-year average of 13.3 percent in 2022. This … Read More
Dangote Cement Plc has disclosed that it will repurchase 170 million ordinary shares from shareholders in the second tranche of its share buyback programme. The shares are worth 1 percent … Read More
PiggyVest – a saving and investment platform has disclosed that more than N242 billion was paid to 3.5 million customers in 2021. This was contained in a newsletter released on … Read More
The Central Bank of Nigeria (CBN) has disclosed that it will improve access to finance and credit for households, small and medium-sized enterprises (SMEs) in 2022. This was made known … Read More
The Centre for the Promotion of Private Enterprise, an economic think tank has called on the Central Bank of Nigeria to review its ban on some of the over 40 items … Read More
A former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo, has stated that his shareholding in Titan Trust Bank Limited, which is acquiring a majority stake in Union Bank … Read More
Titan Trust Bank Limited has acquired a majority shareholding interest in Union Bank. This was contained in a notice published on the website of NGX and Securities Exchange Commission on … Read More
Former chairman of FBN Holdings, Remi Babalola has disclosed that he resigned from the company because of the “corruption in the system”. Babalola was appointed chairman on April 30, 2021, … Read More
The Central Bank of Nigeria (CBN) has approved the appointment of Ahmad Abdullahi as non-executive director and chairman of First Bank Holdings PLC. The development came following the resignation of … Read More
The National Bureau of Statistics (NBS) has disclosed that Ondo, Oyo and Osun state paid the highest amount for liquefied petroleum gas better known as cooking gas in November, 2021. … Read More
The Nigerian Investment Promotion Commission (NIPC) has approved the pioneer status incentive (PSI) applications of eight companies in the third quarter of 2021. The approval was made known by the … Read More