News
Nigeria: Access Bank and Deloitte Launch SME Business Clinic to Drive Sustainable Growth Across Nigeria
In a landmark initiative to empower Nigeria’s small and medium-sized enterprises (SMEs) for long-term sustainability, Access Bank Plc has partnered with global professional ...
News
Nigeria: Naira Holds Steady as FX Reserves Strengthen Amid Diminished Dollar Demand
The Nigerian naira maintained relative stability against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, with the Central Bank ...
News
Nigeria: Capital Market Critical to Realising $1 Trillion Economy Target – Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated the strategic role of Nigeria’s capital market in realising ...
Nigeria
Nigeria: CBN MPC Expected to Hold Interest Rate Steady to Sustain Inflation Moderation
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has commenced its two-day deliberation, with the focus squarely on the direction of ...
News
Nigeria: Naira Firms as Corporate Dollar Demand Eases Amid CBN’s Strategic Support
The Nigerian naira posted modest gains last week against the US dollar, buoyed by subdued corporate demand for foreign exchange and signs of ...
News
Nigeria: Interbank Rates React as Banks Withdraw N1.4 Trillion from CBN Standing Facility
Short-term benchmark interest rates in Nigeria’s money market edged higher last week amid tightening system liquidity, following a significant withdrawal of funds through ...
Nigeria
Nigeria: FCCPC Shuts Down Fraudulent Consumer Protection Entity in Abia State
In a decisive move to safeguard regulatory credibility and protect consumers, the Federal Competition and Consumer Protection Commission (FCCPC), in coordination with law ...
Nigeria
Nigeria: FIRS and RMAFC Establish Joint Committee to Bolster Tax Compliance and Fiscal Governance
In a strategic move aimed at strengthening Nigeria’s fiscal architecture, the Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal ...
News
Nigeria: Proposed US Remittance Tax May Curtail Nigeria’s FX Inflows and Spur Informal Transfers — CSL
CSL Stockbrokers Limited has warned that a proposed United States (US) legislation imposing a 5% tax on outbound remittances could significantly impact Nigeria’s ...
News
Nigeria: World Bank Projects Inflation to Average 22.1% in 2025, Backed by CBN’s Tight Monetary Policy
The World Bank has projected that Nigeria’s average inflation rate will ease to 22.1% in 2025, citing the Central Bank of Nigeria’s (CBN) ...