Financial

Fact-Check: Is it true that CAN has Never Had a Northern Christian as its President Since 1976? Claim: There was a claim that the Christian...

FACT CHECK: Is it true that Olagunsoye Oyinlola and Olusola Obada Governed Osun State 2003-2010 on a Christian/Christian Ticket? Claim: A post circulating on social...

Fact-Check: Did National Church Leaders Pay Solidarity Visit to APC’s Vice Presidential Candidate, Kashim Shettima? Claim: Some users on a Facebook open group, Tinubu Media...

In 3yrs, Net Foreign Exchange Inflow Falls 56% to $3.2bn Net foreign exchange (forex) inflow into the economy fell by 56 per cent to $3.2...

JUST IN: Industrial Court Orders RMAFC to Jerk up CJN's Salary to N10m, Other JSCs to N9m The National Industrial Court, Abuja has ordered the...

Nigeria Among Top 10 Countries With Worst Inflation Rate - W/Bank The World Bank recently listed Nigeria among the top 10 countries in the world...

Equity Market Opens Negatively, Investors Lose N90bn After two days of public holiday, the equity market opened this week's trading session with bearish sentiments, losing...

CBN Loans Banks N595.34bn in Two Months   The Central Bank of Nigeria monthly economic report has revealed that banks borrowed N595.34bn from the CBN between...

Senate Probe Health Ministry On Alleged N5.7bn Donor Funds Mismanagement   The Senate Public Account Committee has summoned senior management staff of the Ministry of Health...

VAIDS: FIRS, JTB Commence Enforcement On Defaulters   Following the expiration of the amnesty by the Voluntary Assets and Income Declaration Scheme (VAIDS), the Joint Tax...

Nigeria’s $15.9bn Eurobonds Debts, MPC Worries Over Rising Figures The Monetary Policy Committee members of the Central Bank of Nigeria (CBN) have expressed concerns about...

In Three Months, FAAC Allocation Drops To N2.1trn   The Federation Account Allocation Committee allocation to the federal, state and local governments declined to 2.18tn between...

Foreign Investments Into Nigeria Declines By $6.91bn — NBS   The National Bureau of Statistics, NBS, has said foreign investments into Nigeria had declined by 81.46...

Inflation, Forex, Debt Killing Economy - LCCI   The Lagos Chamber of Commerce and Industry has warned the Federal Government to find urgent solutions to the...

Finance Act, Economy Recoveries Increased Company Income Tax By 35.6%   Revenue generated from Company Income Tax (CIT) has continued an uptrend, rising by 35.6 per...

DMO Lists N250bn Sukuk On NGX   The Debt Management Office on Tuesday listed the N250bn, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031 on...

Debt Profile: Revenue Generation Is Nigerian Govt’s Main Challenge – DMO   The Debt Management Office (DMO) says revenue generation is a major constraint of the...

We Recovered N1.4trn Bad Debt - AMCON Boss   The Managing Director/CEO, of Asset Management Corporation of Nigeria, (AMCON), Ahmed Kuru has said the Corporation has...

FG Raised N1.84trn Via Bond To Bridge 2022 Budget Deficit In H1, 2022   The federal government in first half (H1) of 2022 raised a total...

Bank Assets Rise By 21% To N64.32trn   Nigerian banks’ total assets rose by N11.15tn in one year to N64.32tn as of the end of April. Figures...