In Five Years, Banks Attracted $15.8bn Foreign Capital Flow   From 2017 till the end of last year, Nigeria’s banking sector received a total of $15.83 billion in foreign capital, a telling reflection of the sector’s attraction to the international market. The...

Reps Grills OAGF Over Failure To Provide Evidence Of 25% Of N6bn Generated By SEC   The House of Representatives Committee on Finance, yesterday, questioned the office of Accountant General of the Federation (oAGF) for failing to provide evidence of 25...

Forex Crisis, Insecurity Slash Capital Inflows By 23%   Insecurity and lingering foreign exchange crisis have forced the capital importation into Nigeria to decline further by 23 per cent. Capital Importation measures the aggregate of foreign investments into an economic entity within...

Fed Govt Generates N127.03bn Tax From Calls, SMS   The Federal Government made N127.03bn from Value Added Tax on calls, SMS, data, and other information and communication services in the first six month of the year. This is 10.69 per cent of...

Nigeria’s Cocoa Exports To Boost Non-oil Revenues   Nigeria’s cocoa exports appear set to contribute more to the country’s non-oil revenues as stability in the global market continued to support the growth of its exports. The International Cocoa Organisation(ICCO) revised forecasts for...

Osinbajo Says Debt-for-climate Initiative Will Reduce Nigeria’s Debt Burden   The Vice President of Nigeria, Prof. Yemi Osinbajo, has said the Federal Government will reap a huge debt relief from some creditors in dollars if Nigeria’s idea for a Debt-for-Climate swap...