News
Nigeria: Banks’ Total Asset Grew By 22.07 Percent to N65trn in June – CBN
The Deputy Governor, Financial System Stability Directorate of the Central Bank of Nigeria (CBN), Mrs. Aisha Ahmad and the Deputy Governor, Economic Policy ...
Nigeria
Nigeria: PenCom Revises Regulation on Retirement, Terminal Benefits (II)
As reported on this page last week, the National Pension Commission (PenCom) recently issued a revised Regulation on Retirement and Terminal Benefits for ...
News
Nigeria: CBN Should Prioritize Making Forex Available to Manufacturers
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria to prioritize the allocation of forex to the nation’s manufacturing sector. ...
News
Nigeria: Central Bank MPC members express concern over Nigeria’s rising inflation rate
Last month, the CBN monetary policy committee unanimously voted to increase the benchmark interest rate from 13 percent to 14 percent, to address ...
News
Nigeria: Tribunal orders MultiChoice to produce audited financial report
MultiChoice had disregarded a restraining order of the tribunal, going ahead to hike the tariffs of its products and services. The Competition and ...
News
Nigeria: Customers pay N92.2bn for N4.61tn PoS transactions
BANK customers may have spent N92.2bn to use Point of Sale terminals in the first seven months of 2022. According to data from ...
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Nigeria: Federal Govt Suspends Excise Duty On Telecom Services
The Federal Government has announced an immediate suspension of the 5% excise duty that was planned to be imposed on telecommunications services in ...
News
Nigeria: CIBN, FinTech Associations Partner To Enhance Professionalism
As part of efforts to enhance professionalism in Nigeria’s financial sector, the Chartered Institute of Bankers of Nigeria has announced a collaboration with ...
News
Nigeria: Nigeria Gets N600.15bn from VAT Collections -NBS
The National Bureau of Statistics (NBS), says the aggregate Value Added Tax (VAT) was reported at N600.15 billion for the second quarter of ...
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Nigeria: FG, Binance to Explore 1tr Dollar Virtual Economy via Blockchain
The modern economy is gradually developing and shifting into a virtual economic system. With the virtual economy in blockchains almost nearing $1 trillion in valuation, the ...