Report Reveals Economy Lost N20trn On CBN’s 70% Cash Mop-up   Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of...

Nigeria Records First Foreign Portfolio Surplus In Five Years   Nigeria’s foreign portfolio investments (FPIs) status has witnessed a major turnaround with yearly inflows outweighing outflows for the first time in five years. Latest annual trading data on FPI showed that foreign...

Emefiele Confirmed To Me Old Naira Notes Are Now Acceptable - Soludo   There are strong indications that the federal government has decided to obey the Supreme Court ruling on the continuous use of old naira notes till December 31, 2023. Commercial...

CBN: Expanding Digital Inclusion Through e-Naira Grassroots Advocacy, by Abdulrahman Abdulraheem   Despite the breakthroughs made in recent years, Nigeria is still largely bedevilled by illiteracy as millions of adults are completely unlettered and are not able to make sense of...

FG Raked In N697.38bn Through VAT In Q4, 2022 — NBS   The National Bureau of Statistics, NBS, said the aggregate Value Added Tax, VAT, stood at N697.38 billion in Q4 2022. This is according to the VAT Q4 2022 Report released...

Investors Lose N1bn As Equities Market Dips   The Nigerian Exchange Limited dipped slightly on Tuesday as investors lost about N1bn at the end of trading. The All-Share Index depreciated to 55.603.94 on Tuesday from Monday’s record of 55,605.57. The Market capitalisation...