DMO reopens three FG bonds worth N450bn for auction
The Debt Management Office (DMO) announced on Thursday a reopening of three federal government savings bonds worth N450 billion for subscription by auction.Announcing the...
Naira appreciates in black market at N1480 per dollar
The Naira on Tuesday appreciated marginally at N1480 against the dollar at the parallel foreign exchange market amid the Sallah holidays.According to Dayyabu Ashiru,...
SEC issues warning on risks investing in $Davido coin
The Securities and Exchange Commission, SEC, has issued a public warning on the risks associated with investing in the cryptocurrency $Davido, launched by Nigerian...
World Bank doubts CBN’s ability to control Nigeria’s inflation
The World Bank has expressed concerns that the monetary policy of the Central Bank of Nigeria, CBN, to rein inflation may not be effective.The...
Nigeria’s VAT collection increased to N1.43tr in Q1 2024 — NBS
The National Bureau of Statistics said the aggregate Value Added Tax, VAT, stood at N1.43 trillion in Q1 2024.This is according to the VAT...
Naira appreciates to N1,475 per dollar in parallel market
The Naira on Wednesday appreciated to N1,475 per dollar in the parallel market from N1,480 per dollar.However, in the Nigerian Autonomous Foreign Exchange Market,...
AfDB projects Nigeria’s growth rate to rise to 4.4% in 2025
The African Development Bank (AfDB) has said projected that the growth rate of Nigeria and other West African countries will rise from an estimated...
Court refuses MultiChoice plea to stop NBC from auditing finances
The Abuja Division of the Federal High Court on Friday refused to grant an application filed by MultiChoice Nigeria Ltd, seeking an interim order...
Nigeria records 2.98% GDP increase in Q1 2024
The National Bureau of Statistics, NBS, has said Nigeria's Gross Domestic Product, GDP, increased by 2.98 percent in the first quarter of the year...
CAC registration deadline not feasible — POS operator
A mobile money and bank agent, Fasasi Atanda, says the deadline for registering a point of sale with the Corporate Affairs Commission (CAC) is...
