Capital inflow into Nigeria declines by 28% to $1.6bn
Amidst the pre-election year uncertainties, capital inflow into Nigeria has reduced by 28.09% to $1.573...
Finance & Economy
CBN Announces Date For Enforcement Of Credit Risk Regulations
The Central Bank of Nigeria (CBN) has mandated the enrolment of other financial institutions (OFIs)...
Digital Economy: NITDA DG Engages Spanish Investors On Nigeria’s Soaring Market
Kashifu Inuwa, the director-general of National Information Technology Development Agency (NITDA), has reaffirmed Nigeria’s commitment...
DMO Lists 2 New FGN Savings Bonds For Subscription At N1,000 Each
The Debt Management Office (DMO) has listed two new Federal Government of Nigeria (FGN) savings...
Debt Servicing May Take All Of Nigeria’s Revenue By 2026, World Bank, IMF Warn
The Nigerian government may spend nearly 100 per cent of its revenue on debt servicing...
Banks To Accept Indemnity For Transactions Above N1m—CBN
The Central Bank of Nigeria, (CBN) has asked banks operating in the country to accept...
Statement by IMF Deputy Secretary
Washington, DC – June 2, 2022: Following meetings with the Moroccan authorities in Rabattoday, Ms....
FIRS Threatens States, LGAs Not Remitting VAT, Withholding Tax
The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and...
US Dollar’s Share Of Global Foreign-exchange Reserves Fell Below 59% in Q4 2021—IMF
International Monetary Fund has said that the US dollar’s share of global foreign-exchange reserves fell...
LCCI Urges CBN to Expand Intervention Schemes To Support Productive Sectors
The Lagos Chamber of Commerce and Industry, LCCI, has urged the Central Bank of Nigeria,...
