Liquidity Crunch: Banks’ Deposit With CBN Increased To N579.27bn In June   Despite the liquidity crunch in the financial sector, deposit money banks and merchant banks’ deposit with the Central Bank of Nigeria (CBN) increased to N579.27 billion in June 2023,...

Hajj 2023: Transforming Jamarat's Story from Stampede to Sanity   The 2023 Hajj season has come to a successful and interesting end, and it is time to take stock. A time to do a postmortem to understand what the authorities and...

CBN Moves To Partner FUTA On eNaira The Central Bank of Nigeria (CBN) on Monday sought the partnership of the Federal University of Technology Akure (FUTA) Ondo State, in adopting the newly introduced digital currency known as eNaira. The apex bank...

TMG Criticizes INEC, FG For Dismissing EU’s Electoral Report   The Transition Monitoring Group has expressed their concern over the dismissal of the European Union Electoral Report by the Independent National Electoral Commission (INEC) and the Federal Government. In a statement by...

Fed Govt Targets N12bn From New Vehicle Tax   The Federal Government is set to make about N12bn a year from the N1,000 Proof of Ownership Certificate verification fee motorists are to pay. Last week, the Permanent Secretary, Lagos Ministry of Transportation,...

Financial Stocks Lead N41bn Turnover With 74%   The financial services industry dominated, in volume terms, last week’s transactions on the floor of the Nigerian Exchange Limited (NGX). It led the activity chart with 1.7 billion shares valued at N24.7 billion traded...