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Finance & Economy
W’Bank commits $8.5bn to Nigeria, faults N6.7tn subsidy
The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this…
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News
FG to generate N160bn from call, data taxes
The Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications…
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News
CBN ‘Ways and Means’ debt from the FG Hit N20 trillion as of June 2022
The Central Bank of Nigeria has extended a total sum of N19.9 trillion circa (N20 trillion) in loans to the…
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Finance & Economy
FIRSTMONIE AGENTS TRANSACT OVER 1 BILLION TRANSACTIONS, REINFORCES FIRSTBANK’S FINANCIAL INCLUSION
The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country The Bank currently has over 180,000…
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Finance & Economy
Investors Lose N6.83bn as NGXASI Dips Marginally by 0.03%
Nigerian Equities Market dipped further marginally to close in the negative territory as the bears continue to dominate trading activities…
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Finance & Economy
NIGERIAN ECONOMY UNDER SERIOUS THREAT
Deficit on the Services Account in Q1 2022 The Nigerian economy is seriously under threat with consistent dwindling of its…
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Finance & Economy
Equity market in N17 billion loss
Trading activities on the floor of the Nigerian Exchange Limited (NGX) closed on a negative note to upturn the previous…
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Corporate Scorecards
GCR Affirms NOVA Merchant Bank Limited’s National Scale Long and Short-term Issuer Ratings of BBB(NG)/A3(NG); Outlook Stable.
Global Credit Rating has affirmed NOVA Merchant Bank Limited’s national scale long and short-term ratings of BBB(NG) and A3(NG) respectively,…
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Oil theft crippling Nigeria’s economy ,High Profile Nigerians Behind the Crime
The Shell Petroleum Development Company (SPDC) has expressed worries about the adverse effect of illegal oil bunkering on Nigeria’s economy.…
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News
Govs Write FG over Alleged $418m Paris Funds Debt, Say Renewed Deduction Plan Unlawful
The 36 state governors in the country under the Nigeria Governors’ Forum (NGF) have again resisted fresh moves to commence…
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