Poor Nigerians To Hit 95.1m In 2022 - World Bank
The World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty line over the years.
President Muhammadu Buhari was first elected into the office...
SEC, ABU To Co-operate On Capital Market Development
The Securities and Exchange Commission (SEC) is set to collaborate with the Ahmadu Bello University (ABU), Zaria in a bid to further deepen the Nigerian capital market.
Director General of the SEC, Mr....
Fed Govt’s Borrowing From CBN Rises By 96.54%, Now N18.16trn
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has risen by 96.54 per cent or 8.92tn in two years, data collated from...
BDCs Seek CBN’s Support To Meet FX Demand
The Association of Bureaux De Change Operators of Nigeria (ABCON) has solicited the Central Bank of Nigeria’s (CBN) support in ensuring that Bureaux De Change (BDCs) continue to sell dollars to retail...
NNPC Deductions From Federation Account Rise To N883.56bn In Q1, 2022
The financial pressure on the three tiers of the Nigerian government is escalating as deductions from the oil revenue, the major source of inflow to the Federation Account, rise...
Stock Investors Lose N172bn As 44 Firms Suffer Decline
Stock Investors lost N172bn at the end of trading on the floor of the Nigerian Exchange Limited.
The market capitalisation of equities listed on the NGX depreciated by 0.67 per cent to...
