Financial

SEC Pegs Amount To Be Raised From Digital Currency Offers At N10bn   The Securities and Exchange Commission (SEC) has pegged the maximum amount to be...

World Bank Says Commodity Prices’ll Remain High In Nigeria, Others   The World Bank has said that the war in Ukraine has dealt a major shock...

Nigeria Spends 86% Of Revenue On Debt Servicing   Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent...

CBN: When Investing In Africa, Investors Should Suffer From FOMO  The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says investors should suffer...

SHOCKING: President Jonathan Asked me to Divert N2bn Ecological Funds into Reelection Campaign – Babangida Aliyu The Economic and Financial Crimes Commission (EFCC) has revealed...

Buhari Signs Three Bills to Tackle Money Laundering, Terrorism President Muhammadu Buhari on Thursday in Abuja signed into law, three bills aimed at improving the...

FIRS Seeks Collaboration Among African Countries On Digital Tax   The Federal Inland Revenue Service (FIRS) has reached out to other African countries to collaborate with...

Report Says Nigeria, 10 ECOWAS Countries In Debt Distress   A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West...

Telcos Propose Tax Review To Avert 40% Tariff Hike   Telecommunication companies, under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON) has...

How FG Spent N41.9 Billion On Debt Servicing In January The Central Bank of Nigeria (CBN) new data has revealed that Nigeria’s monthly debt servicing...

Telecoms: Calls, Text And Data Services To Increase Price By 40% Based on recent news report, telecommunication companies are proposing a 40% increase in the...

CBN Alerts Nigerian Banks on Dangers of Transacting With Benin Republic The Central Bank of Nigeria (CBN) has directed banks to implement enhanced measures on...

CBN Set To Upgrade eNaira With Bills Payment The Central Bank of Nigeria (CBN) has stepped up the campaign on its digital currency, eNaira, even...

Amid Worsening Electricity Crisis, Power Firms Owe Banks N861.14bn   The debt owed to Nigerian banks by operators in the power sector rose by 12.83 per...

In Eight Days, External Reserves Drop By $196m   Nigeria’s external reserves drop by $196m in eight days to $39.62bn as of April 28, according to...

Stakeholders To FG - Take Urgent Steps To Halt Nigeria’s Rising Debt As the national debt stock rapidly increases, some business stakeholders are advising the...

N431.9bn Recorded By Nigerian stocks, Intensifies Strong Corporate Results Nigerian stocks advanced by (1.64 percent) N431.9 billion on Friday, the fastest rate seen in weeks...

Telecom Giant (MTN Nigeria) Generates N471bn in Three Months MTN Nigeria has reported 22.2% growth in revenue for Q1 2022, amid fall in subscriber base,...

NNPC, FIRS, 2 Others Generate Over N28trn in 3yrs The Federal government of Nigeria between 2017 and 2019 received a credit alert of N28.02 trillion...

FAAC: N725.5bn March Revenue Shared By FG, States, LGAs The Federation Account Allocation Committee (FAAC) report reveals that N725.571 billion for March, 2022 revenue has...