Stock Market Depreciated By N1.01trn In April
The stock market of the Nigerian Exchange Limited (NGX) depreciated by N1.01trillion or per cent in April 2023 amid impressive 2022 financial year corporate earnings and dividend payout to shareholders by listed companies.
Although...
DMO Defends $13bn Indebtedness To World Bank
The Debt Management Office, DMO, has said that Nigeria’s $13.46 billion World Bank loan is a plus because the loans which came from the international Development Association (IDA) and the International Bank for...
Fed Govt Dumps 5% Telecom Tax Waiver
The Federal Government is reportedly set to proceed with its implementation of a five per cent excise duty tax on mobile telephone services, fixed telephone, and Internet services.
This is despite a recent communication...
No Plan to Phase out Redesigned Naira Notes - CBN
The Central Bank of Nigeria (CBN) said no plans to phase out the redesigned Naira notes from circulation.
CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in a...
CISLAC Tasks Journalists, Security Agencies, on Early Warnings and Response to Prevent Crisis
The Civil Society Legislative Advocacy Center, CISLAC, has tasked journalists, security agencies and community observers in the country on early warnings and early response mechanisms.
Speaking during a...
eNaira: Another Crucial Sensitisation Move, by Abdulrahman Abdulraheem
Any good news that is not known is as worthless as nothing if not as bad as bad news because there is no way it can impact anybody’s life if it is...