Banks’ Total Assets Rise By N16.65trn   The Central Bank of Nigeria (CBN) has revealed that banks’ total assets from April 2022 to April 2023 rose by N16.65 representing a 25.88 per cent adding that Industry credit also increased by N4.54...

Report Reveals Real Estate Sector Paid N70bn VAT In Five Years   Value Added Tax (VAT) generated from the construction and real estate sector rose by 124 per cent from N10bn in 2018 to N22.45bn in 2022. An analysis of the National...

NNPCL, Marketers Fuel Vessels Arrive Next Week – IPMAN   Large consignments of Premium Motor Spirit, popularly called petrol, being imported by major oil marketers, are to hit Nigeria from next week and may force down the price of the commodity,...

Forex Turnover In I&E Drops By 35% To $13.11bn In H1, 2023   The foreign exchange segment of the economy was marked by downward trend in the first half of the year, H1’23 reflected in the 35 per cent, year-on-year (YoY)...

FAAC Disbursements To Hit Record N1trn Following Fx Unification   The Federal Account and Allocation Committee (FAAC) disbursements to the federal, state and local governments is set to hit a record N1 trillion following unification of Nigeria’s exchange rates at the...

The Journey Towards the Nigeria Data Protection Act 2023, by Isa Ali Pantami   The Nigeria Data Protection Act 2023 was signed into Law by His Excellency, President Bola Ahmed Tinubu, GCFR on the 12th of June 2023.  The Law effectively...