In 7 Months, CBN Sold $867.68m Forex To SMEs     The Central Bank of Nigeria, CBN, has raised the volume of foreign exchange sales to the Small and Medium Enterprises (SMEs) category businesses by 31 percent in the first seven months of this year (January to...

FG Lists N418m New Savings Bonds   The Federal Government has listed its latest issuances under its Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Exchange (NGX) Limited. The listing of the two tranches of the FGNSB issued earlier this month paved the way...

Directorate Pays N695m To 418 Pensioners In Three Months   The Pension Transitional Arrangement Directorate has said it paid a total of N694.9m to 418 pensioners between May 5 and August 13 through its Parastatals Pension Department. A director at PTAD, Yusuf Umar, disclosed this in Abuja...

Trade Deficit Declined To $340m In July – CBN   Nigeria’s trade deficit declined to $340m in July from $2.4bn in June, figures obtained from the Central Bank of Nigeria revealed on Sunday. The apex bank disclosed in its July economic trade performance report that the improvement...

NYSC To Remit N511m To Federation Account – DG   The Director-General, National Youth Service Corps (NYSC), Brigadier-General Shuaibu Ibrahim, has said the scheme will remit about N511 million to the federation account for the year 2021. Speaking yesterday in Abuja, at a press briefing, he said...

Over 30m Nigerians Refuse To Pay Tax ― DG Budget, Akabueze   Over 30 million Nigerians who are generating taxable incomes are not paying tax, compounding the effort of government to broaden its revenue, the Director-General of Budget Office (DG), Dr Ben Akabueze, has lamented. Speaking at...