Finance & Economy
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Nigeria’s Q1 forex remittance drops, net foreign assets soar
Nigeria experienced a 6.28 per cent decrease in its total direct foreign exchange remittances in the first quarter of 2024,…
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CBN-ONSA Cybersecurity Levy: One Circular Too Many
The recent cybersecurity levy circular by the Central Bank of Nigeria (CBN) was one circular that was one too many.…
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CBN Extends the Suspension of Charging Processing Fees on Cash Deposits Till September 30, 2024
A new directive from the Central Bank of Nigeria (CBN) has extended the suspension of processing charges on cash deposits…
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Investors Lost N268.75bn as NGXASI Declined by 0.48%; BDC Rate Depreciated to N1,423/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market closed negatively, losing 475.18 basis points, with a negative market breadth.…
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Banking Recapitalisation: Leveraging Better Financial Stability For Stronger Economy
No doubt ,March 28, 2024, witnessed a momentous event in the Nigerian banking sector . The Governor of the Central…
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Nigeria’s Total External Debt Rose to US$42.50bn as of December 31, 2023
The most recent update from the Debt Management Office (DMO) on Nigeria’s public debt shows that the FGN’s total external…
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FG Approves Pay Rise for Civil Servants
*Pay rise covers remaining 6 consolidated salary structures *Increase ranges from 25% – 35% *Pensioners get 20 – 28%https://decisionmakers.com.ng/fg-approves-pay-rise-for-civil-servants/ *Takes…
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CBN Orders MoniePoint, Kuda, Others To Stop Onboarding New Customers
The Central Bank of Nigeria (CBN) has directed fintech companies to stop onboarding new customers until further notice. This directive…
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JUST IN: Tinubu appoints Jim Ovia(Emefiale’s boss and former boss of VP SKS) as Chairman of Education Loan Fund !!!
President Bola Tinubu has approved the appointment of Mr. Jim Ovia, CFR, renowned banker and businessman, as the Chairman of…
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Ways & Means: FG borrows additional N3.8 trillion from CBN in 6 months
The Federal Government of Nigeria received an additional N3.8 trillion in what appears to be fresh Ways and Means Borrowing…
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