Financial

Court Dismisses AMCON's Suit Against Nigerian Senator Over Alleged N600m Debt           A Federal High Court in Abuja on Thursday lambasted the Asset Management Corporation of...

Import Index Rose By 1.07% In Q2 – NBS           The All- commodity group import index on average grew marginally by 1.07 per cent, driven mainly...

Nigeria Recorded N2.29trn Fiscal Deficit In Q1, 2021             Nigerian economy took a battering in the first quarter of 2021 as the country recorded a fiscal...

W/Bank Says Nigeria, 39 Others May Not Attain Pre-COVID-19 GDP Levels By 2026             The World Bank has said that Nigeria and 39 other countries may...

Senate Passes MTEF/FSP, Okays Buhari’s N4.89trn Borrowing Plan             The Senate on Wednesday passed the 2022-2024 Medium Term Expenditure and Fiscal Strategy Paper, retaining all the...

House Of Reps Receives MTEF Report           The House of Representatives on Wednesday recieved the report of its Committee on Finance on the Medium Term Expenditure...

N500Billion Scandal: Another Group Demands Emefiele’s Sack as CBN Governor             As Central Bank of Nigeria (CBN) reacts against calls for the resignation of its Governor,...

Five Top Banks Fined N1.4bn For Forex Infractions, Others           Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies...

Buhari Orders FIRS To Tax Digital Transactions           The Secretary to the Government of the Federation (SGF) and Chairman, Presidential Task Force (PTF) on COVID-19, Boss...

Buhari Seeks Senate confirmation Of Board Of Petroleum Regulatory Authority, Upstream Regulatory Commission         President Muhammadu Buhari on Tuesday, sought Senate’s confirmation of members of the...

Buhari Writes Senate, Seeks Amendments To PIA           President Muhammadu Buhari has asked the Senate to amend certain provisions of the controversial Petroleum Industry Act. The joint...

Private Sector Seeks FG’s Intervention On VAT Remittance             Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s...

Imo Lecturer In Dilemma Over TETfund N10m Grant             A lecturer in the department of Electrical and Electronics from the Imo State University, (IMSU) Owerri in...

Senate Says No Capital Allocation For MDAs Without Revenue Projections           The Senate has threatened to reject the capital and overhead proposals of federal ministries, departments...

Customs May Generate N500bn From Overtime Cargoes Auction             The Nigeria Customs Service (NCS) may rake in over N500 billion from over 8,000 overtime cargoes that...

Insurance Sector Rebounds, Records 16.41% Growth In Q2, 2021             The insurance sector returned to growth path after recording 16.41 per cent growth in the second...

Senate Indicts 39 MDAs Over N2.2bn Payment Advances           The Senate has indicted the Budget Office, the ministries of information, interior and 36 other federal agencies...

Fed Govt Opens $3bn Eurobond Borrowing Plan, Woos Local Investors             The Debt Management Office has disclosed that Nigeria is back in the International Capital Market...

Kerosene, Petrol Prices Rose In August – NBS             Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium...

Senate Postpones Debate On 2022-2024 MTEF/FSP Report             The Senate on Wednesday stepped down the presentation and consideration of the report on the 2022-2024 Medium Term...