Finance & Economy
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FIRS Issues a Public Notice on Mandatory Requirements for Registration for Tax Purposes
Pursuant to the provisions of Section 8(1)(l) and (m) of the Federal Inland Revenue Service (Establishment) Act 2007, the FIRS…
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CBN vs NESG: The CBN’s Communication Failings in Full Glare Again – Adedayo Bakare
This a detailed read on the CBN’s poor communication of issues and its costly policies. The first section traces CBN’s…
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Emefiele, Others Insist Banks Must Restore Stability
Banking stakeholders have in unison insisted that banks must play a critical role to restore the Nigerian economy from the…
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CBN allows banks to pay banned betting & gaming companies
The banned betting and gaming companies have received a temporary relief as they have been allowed to access their accounts…
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Banking Sector Staff Strength Declines to 9-Quarter Low
The National Bureau of Statistics (NBS) has published the data on key banking sector statistics. According to the report, the…
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AFREXIMBANK disburses US$200 million to Zenith Bank
The African Export-Import Bank (Afreximbank), has disbursed $200 million to Zenith Bank Plc Nigeria, in a bid to support critical…
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Bank CEOs ‘explain’ why they resigned from NESG
The Managing Directors of three commercial banks who resigned from the Nigerian Economic Summit Group (NESG) which include Kennedy Uzoka,…
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Buhari orders CBN to suspend forex for food, fertilizer importation
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria (CBN) ”not to issue a kobo” of the country’s…
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Nigeria’s debt stock Hits N31.1tr – DMO report
Nigeria’s debt public debt hit a total of N31.01trillion at the end of June, the Debt Management Office (DMO) announced…
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Banking Sector Records 2.16bn Volume of Transaction in Q2 2020 – NBS
Total volume of 2,160,436,659 transactions valued at N263.78tn were recorded in the first six months of 2020 as data on…
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