Category: Economy

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CBN Sustains Forex Market Interventions With $210m

CBN Sustains Forex Market Interventions With $210m

The Central Bank of Nigeria (CBN), on Tuesday, again stepped into the inter-bank sector of the Foreign Exchange market, intervening in the wholesale s...
Diaspora Nigerians Remitted $165.19bn In Seven Years- World Bank

Diaspora Nigerians Remitted $165.19bn In Seven Years- World Bank

Data by the World Bank Group says Nigerians in Diaspora remitted a total of $21.967bn to the country last year, which brought total remittances to $16...
Nigeria’s Tax Base Has Grown 30% To 17m In 3 Years, Says Adeosun

Nigeria’s Tax Base Has Grown 30% To 17m In 3 Years, Says Adeosun

• As FG Earmarks $322m Abacha Loot For Social Safety Nets Photo caption: Minister of Finance and Leader of Nigerian Delegation to the 2018 IMF-Worl...
Global Economy: Nigeria, Others Face Challenge Of Sustainable Growth- World Bank

Global Economy: Nigeria, Others Face Challenge Of Sustainable Growth- World Bank

Photo Caption: Minister of Finance, Mrs. Kemi Adeosun (left); the UK Chancellor of the Exchequer, Rt. Hon. Philip Hammond and Minister of Finance, Mal...
World Bank Approve $13bn Fresh Capital For IFC, IBRD To Fight Global Poverty

World Bank Approve $13bn Fresh Capital For IFC, IBRD To Fight Global Poverty

Rising from a wrap-up gathering of its 2018 spring meeting in Washington D.C., shareholders of the World Bank Group, on Saturday endorsed an ambitious...
Stakeholders Raise Committee Over Frequent Company ‘Delistings’ On NSE

Stakeholders Raise Committee Over Frequent Company ‘Delistings’ On NSE

Stakeholders in the nation’s capital market, under the aegis of the Capital Market Committee (CMC), on Thursday expressed worry over the frequent rate...
Multiple Share Subscription: SEC Extends Forbearance To Sept

Multiple Share Subscription: SEC Extends Forbearance To Sept

• Says Retail Players Invested N5bn In Maiden FGN Sukuk Nigeria’s Securities & Exchange Commission (SEC), on Friday announced the extension of forb...
CBN $369m Fx Intervention Targets Agric, Airlines, Others

CBN $369m Fx Intervention Targets Agric, Airlines, Others

The Central Bank of Nigeria (CBN), on Friday continued its intervention as part of its relentless move to guarantee liquidity in the foreign exchange ...
Nigeria Loses $2.5bn Yearly To Gas Flaring, Accounts For 40% Across Africa- BudgIT

Nigeria Loses $2.5bn Yearly To Gas Flaring, Accounts For 40% Across Africa- BudgIT

BudgIT, a civic organisation engaged in simplifying the budgets and public finance, on Thursday urged the Federal Government to pay much more than lip...
CBN Injects Another $210m Into Forex Market

CBN Injects Another $210m Into Forex Market

The Central Bank of Nigeria (CBN), on Wednesday, continued its intervention in the inter-bank sector of the Foreign Exchange market with another $210m...
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