Finance & Economy
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Nigerian Capital Market Q3 2024 Review: Listed Equities Show Resilience as OTC Stocks See Strong Growth
The Nigerian Equity Market commenced 2024 with a strong 35.28% growth in January, setting the tone for a year of…
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Otedola Expands Stake in FBN Holdings to 13.15% with N16.02bn Purchase
Femi Otedola, Chairman of First Bank of Nigeria (FBN) Holdings, has increased his stake in the financial institution to 13.15%,…
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CBN to sanction banks for not dispensing cash via ATMs, plans N1.4 trillion for circulation
The Central Bank of Nigeria (CBN) has announced that it will sanction banks failing to dispense cash through their automated…
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CBN confirms FAAC allocations impacting exchange rate stability
The Central Bank of Nigeria (CBN) has alluded that there is a correlation between monthly disbursement from the Federation Account…
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Why CBN Raises interest rates to 27.25%,
Nigeria’s Central Bank stunned the global financial community on Tuesday when its Monetary Policy Committee (MPC) voted unanimously to raise…
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Access Holdings posts N146.1 billion pre-tax profit in Q2 2024, reports N412 billion as “unrealized” FX gains
Access Holdings Plc, Nigeria’s largest bank by total assets, reported a pre-tax profit of N146.1 billion in the second quarter…
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FIRS to unveil e-invoice platform
The Federal Inland Revenue Service has announced plans to implement an e-invoicing platform to advance Nigeria’s tax administration system. The…
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Why Nigeria’s Tax System Is Undergoing Significant Reforms – FIRS
Thu, 19 Sep 2024 1:04:46 WATThe Chairman of the Federal Inland Revenue Service (FIRS), Dr Zaach Adedeji, yesterday explained that…
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CBN Says External Reserves At Risk On Back Of Fuel Subsidies Cut
0…Defies NASS, Maintains FG Ways And Means Advances At 5% …Warns Security, Infrastructural Issues May Worsen Inflationary Pressures Contrary to…
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Nigeria’s Inflation Falls 32.15% in August 2024:Understanding Shifting Base Effects
The August 2024 Inflation commentary considers: Nigeria’s August 2024 Inflation and Key Highlights Contrition to August Inflation Across Divisions Structural…
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