Finance & Economy
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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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Investors Gained N26.64bn as NGXASI Advanced by 0.05%; BDC Rate Depreciated to N1,330/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market closed positively, gaining 48.0 basis points. However, market breadth was negative.…
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Official exchange rate falls 17.4% in 5 days, hit month to date low of N1300/$1
Nigeria’s official exchange rate fell to a month to date low of N1,300/$1 on Tuesday April 23, 2024 according to…
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Investors Lost N673.16bn as NGXASI Declined by 1.20%; BDC Rate Depreciated to N1,274/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market closed negatively at 1,190.24 points but had a positive market breadth.…
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EFCC freezes 300 accounts over illicit forex trading, says naira would have crashed in one week
The Economic and Financial Crimes Commission (EFCC) says it has frozen over 300 accounts on suspicion of being linked to…
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Official exchange rate crashes to 6-day low as reserves fall
This is the weakest it has been since April 8, when the official rate closed at N1,230.61/$1, suggesting downward pressure…
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First Bank appoints Olusegun Alebiosu as acting CEO
First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective…
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