Finance & Economy
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Nigeria’s foreign reserve downs to $40.04 billion in January 2022
Following the $66.17 million decline recorded in the previous month , Nigeria’s foreign exchange reserve recorded a $481.4 million decline…
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FCMB 2021 SCORECARDS : ANOTHER LAME DUCK PERFORMANCE
AS Other Comprehensive Income Becomes a Spoiler Bringing total comprehensive income down by 41% When it is said that one…
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CBN Disburses N23.2bn to 28 Maiden Beneficiaries of PPP
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has formally launched the 100 for 100 policy on Production…
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CBN tightens noose on loan defaulters
The Central Bank of Nigeria (CBN) has strengthened its policy on loan recovery to make it more effective and deter…
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CBN Makes Global Standing Instruction Perpetual Until Loan is Fully Paid
In furtherance of its mandate to promote financial system stability, the Central Bank of Nigeria (CBN) released the circular on…
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CBN reduces ATM withdrawal charges, inter bank transfers fees
The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review…
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2021 Performance: “We Achieved Over 100% Of Our Target” – FIRS
Despite the global economic challenges occasioned by the Coronavirus pandemic, as well as the disruption of business activities in 2020…
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Investors Lose N280.62bn as NGXASI Dips by -1.12%;
Equities market closed on a negative note, as NGXASI depreciated by -1.12% to close at 46,009.23 basis points as against +1.29% appreciation recorded…
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FAAC Distribution in January 2022 Up by 3.5%
The gross monthly distribution by the Federation Account Allocation Committee (FAAC) distributed to the three tiers of government amounted to…
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The Last Mile: Reforms Towards Significant Improvement in National Economic Outcomes
Nigeria is rapidly consolidating its recovery from the pandemic-induced recession, but the pre-COVID-19 narrative of poor inclusiveness and macroeconomic instability…
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