Ripple Effects Of Naira Devaluation
The recent devaluation of naira by the Central Bank of Nigeria (CBN) will have both positive and negative effects on the economy according to...
Ups And Downs Of Crude prices Since 2010
2010
In May 2010 when President Goodluck Jonathan was first sworn in substantively as President following the death of President Umaru Musa Yar’Adua, the price...
DMO urges FG to introduce tax on luxury items
Director-General of the Debt Management Office (DMO), Dr. Abraham Nwankwo has canvassed for the introduction of special taxes on luxury items in order to...
Support Flows For New Development Bank
The proposed Wholesale Development Bank has raised significant interest among global funding agencies with the World Bank pledging $500 million and the African Development...
How Nigeria Will Confront For Oil Price Shocks- Okonjo-Iweala
Finance Minister, Dr Ngozi Okonjo-Iweala has assuaged fears that current volatility in the prices of crude will negatively affect the economy as contingency measures...
RMAFC Wants Restructure Of FAAC Management
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Mr. Elias Mbam has told a delegation of the Oversight Constitutional Implementation Committee of...
Inflation Rate Falls To 8.3%
National Bureau of Statistics says Consumer Price Index, which measures the rate of inflation in the country eased from 8.5 per cent in August...
Panic As Crude Prices Nosedive
Before now, the Nigeria oil sector has been threaten with challenges such as, oil theft, oil pipeline vandalism, oil spillage and wastage, sabotage as...
Tax Inconsistency Threatens Mining Revenue- CISLAC
The need for adequate tax mobilization and monitoring of Nigeria’s mining industry to ensure increment of revenue generation and the nation’s fiscal actions have...
Financial Literacy: NDIC To Work With CSOs
Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Alh. Umaru Ibrahim says the Corporation would collaborate with civil society groups in championing its public awareness,...
Nosedive As FAAC Shares N826.6b For July
This certainly will not be the best of times for state governors and other political office holders as accruals into the federation account took...
FG To Establish Development Finance Institution
At the launch of N220 billion fund disbursements for the development of micro, small and medium enterprises (MSMEs) by the Central Bank of Nigeria...
Inflation Rate Now 8.3 percent
Consumer Price Index report released by the National Bureau of Statistics indicates that inflation in Nigeria had slightly increased to 8.3 per cent in...
Why Bank Customers Will Pay ATM Fees
Director, Corporate Communications Department of Central Bank of Nigeria (CBN) Ibrahim Mu’azu says reintroduction of transaction fees for the use of remote automatic teller...
Nigerian Firms Issue $3.4bn Int’l Bonds
A total of nine bonds worth $3.4 billion were issued in the international capital market by some Nigerian companies, the Debt Management Office (DMO)...
X-raying NEXIM Bank under Robert Orya
Prior to the reconstitution of the Board of Directors of the Nigerian Export-Import Bank on14th August, 2009, the bank was at its lowest ebb....
FIRS Generates N1 trillion as it Simplifies Tax Certificate Issuance
Federal Inland Revenue Service (FIRS) has generated N1.45 trillion revenue from tax in the second quarter of 2014 just as it has simplified tax...
CBN Governor: The Rise and Fall of Sanusi Lamido
Devoid of politics, there have been serious allegations of financial irregularities against Mallam Sanusi Lamido Sanusi as Governor of the Central Bank of Nigeria...
Again, CBN Raises CRR 75%
At its first meeting for 2014, the Monetary Policy Committee of the Central Bank of Nigeria raised the cash reserve ratio for public sector...
Nigeria’s Capital Market In 2013
At a gathering of stakeholders in Lagos, Chief Executive Officer of the Nigerian Stock Exchange (NSE0, Mr. Oscar Onyema reviewed capital market performance in...
