Foreign stock investors withdrew N433.15bn in 11 months – NSE
Foreign investors pulled out a total of N433.15bn from the nation’s stock market from January to November this year, compared…
Afreximbank predicts 10% rise in oil prices in 2021
Oil prices are expected to rise around 10 per cent over the next year, according to the Afreximbank African Commodity…
‘One million borrowers got below 20% interest rate loans’
The drive by the Central Bank of Nigeria (CBN) to make credit affordable is yielding fruit as over one million…
How Bank of Industry Sealed Landmark $1 billion Syndicated Term Loan
The Bank of Industry has announced a successful conclusion of a landmark $1 billion loan syndication transaction, in a…
Bureau De Change Operators Lobby to Become Payment Agents for Diaspora Remittances
The Association of Bureaux De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN)…
FG records 17.3% shortfall in Companies ’ Income Tax
Against the backdrop of pressures on the Federal Government’s finances and 2020 budget revenue estimates, an indication has emerged that…
LCCI PROJECTS 1% GROWTH FOR NIGERIA IN 2021
The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Nigerian economy will grow by one per cent…
Group Lobby Central Bank to Revert to Naira Payment for Diaspora Remittances
The Association of Licensed Mobile Payments Operators (ALMPO) is appealing to the CBN to change its policy directive on payment…
How Central Bank of Nigeria Revokes Licenses of Seven Payment Service Providers
It has emerged that the Central Bank of Nigeria (CBN) revoked the licenses of seven (7) payment service providers and…
42 microfinance banks lose licences
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have…