N-Power beneficiaries can apply for CBN empowerment — FG
The Federal Government on Friday announced the inauguration of a portal that would enable those that have completed the N-Power…
Company income tax revenue tops N416bn in Q3
Revenue from Company Income Tax rose slightly to N416.01bn as of the end of the third quarter of 2020. The…
Value of online transactions in Nigeria hits $116 billion in Q3 2020
Nigeria has recorded a surge in online transactions after a massive drop during the COVID-19-induced lockdown, this resurgence points to…
NDIC to insure non-bank deposits taking institutions
The Nigeria Deposit Insurance Corporation has said that it is trying to identify and provide insurance cover for non-bank deposit…
Forex reserves fall to $35.63bn, lowest in two months
The nation’s foreign exchange reserves have fallen to the lowest level in more than two months, the latest data from…
CBN warns banks against diverting agric intervention funds
The Central Bank of Nigeria has warned banks participating in the Private-Sector-led Accelerated Agriculture Development Scheme against diverting the intervention…
CBN Opposes Bid to Remove Arabic from Naira Note
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes.…
We owe CBN more than N4tn, says AMCON
The Asset Management Corporation of Nigeria has said it owes the Central Bank of Nigeria more than N4tn. AMCON was…
BOI to promote enterprise in Ekiti with N1bn loan
The Bank of Industry (BoI) has expressed the bank’s readiness to provide credit facilities to the tune of one billion…
World Bank, IMF postpone annual meetings in Morocco until 2022
The planned Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) scheduled to have taken…