Financial Stocks Account for 41.7% of Total Turnover The financial services industry dominated in volume terms at the end of last week’s transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 899.5 million shares valued at N15.9 billion traded in 20,278 deals,...

Financial Inclusion: BoI Disburses $6.02m to Women-owned Businesses The Bank of Industry (BoI) says in line with its support of gender equality and women financial inclusion, it has disbursed $6.02 million out of its $10 million investment commitment to Alitheia Fund. Managing Director, BoI, Dr. Olasupo...

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

CBN Targets Cryptocurrency To End Naira Depreciation In response to the Nigerian government's increasing scrutiny of crypto businesses, Binance, the world’s biggest cryptocurrency exchange, has halted its operations in Naira. The decision came after authorities in Africa’s biggest economy imposed restrictions on cryptocurrency exchanges as part...

States’ Internal Revenue Collection Rises N2trn, Says Adedeji The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has revealed that states’ Inland Revenue Service (IRS) have recorded improvements in revenue collection which has now reached N2 trillion mark for the first time. Adedeji...

Tax Crimes Commission Bill Passes Second Reading  The House of Representatives on Wednesday passed a bill seeking the establishment of the National Tax Crimes Commission to address revenue leakages in tax management and administration in the country. When established, the bill sponsored by the Deputy Speaker...