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Jaiz Bank secures $25m Shariah-complaint Fund from Islamic Corp

Jaiz Bank secures $25m Shariah-complaint Fund from Islamic Corp Jaiz Bank Plc has secured a $25 million Shariah-compliant Line of Financing (LoF) from Islamic Corporation for the development of the private sector (ICD) to support Small and Medium Enterprises (SMEs) in Nigeria. The Chief Executive of...

2020 ASVI: Lagos, 5 Other States Generate More IGR than 30 States Combined… Bayelsa, Katsina Generate Poor Revenue

2020 Annual States Viability Index ASVI: FCT, 36 States Generate N1.3tr IGR Against N4.18trn from Federation Account Allocation … Again, Lagos Generates More IGR than 22 States Combined …. RICH/Economic Viable States: Lagos, Rivers, Ogun, Oyo, Anambra States … INSOLVENT/Poor IGR States: Bayelsa, Katsina, Jigawa, Yobe, Benue...

Okoh Aihe’s Folly on the NITDA Bill

Okoh Aihe’s Folly on the NITDA Bill By Mohammed Dahiru Lawal Everyone is entitled to an opinion, but the application of professional discretion, rational thinking, reasonable deductions and logical recommendations is what separates the quality and value of an expert perspective from what could be derived...

Anambra, Kogi Join Oil Producing States… … Await 13% Derivation Fund

Anambra, Kogi Join Oil Producing States … Await 13% Derivation Fund Anambra and Kogi States may have finally joined the league of Oil Producing States in Nigeria as their oil wells have been recognised by the Revenue Mobilisation Allocation And Fiscal Commission (RMAFC). The development is sequel...

CBN Bares Its Fang

CBN Bares Its Fang By Ademola Oyetunji It was an unexpected bang from the CBN Governor, Godwin Emefiele at the end of the Bank’s bimonthly Monetary Policy Committee meeting of July 2021. The fallout of the meeting was the decision by the Bank to suspend sale...

Nigeria Eyes 10% Control of Africa’s Imports

Nigeria Eyes 10% Control of Africa’s Imports The federal government has stated that the strategic objectives of Nigeria’s participation in the African Continental Free Trade Area (AfCFTA) is to capture 10 per cent of Africa’s imports as well as to double the country’s export revenue...