The International Monetary Fund (IMF) on Wednesday predicted a rise in Nigeria’s inflation rate to 13.5%…
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Stanbic IBTC deploys robotics for banking operations
Stanbic IBTC Bank, a member of the Stanbic IBTC Holdings Plc has launched another first in…
Emefiele to meet MTN, banks over $8.1bn repatriated funds
The Governor of the Central Bank of Nigeria, Godwin Emefiele, will meet with the representatives of…
Capital market operators caution FG on financing of infrastructure
Capital market operators, under the aegis of Chartered Institute of Stockbrokers (CIS), have cautioned the federal…
FG generates N3.9tn tax revenue in nine months
The Federal Government realised N3.9tn in tax revenue between January and September this year and this…
Refineries will be fully functional next year- Kachikwu
Minister of State for Petroleum Ibe kachikwu on Thursday said it will be sad if the…
CBN imposes jail term or N50,000 fine on abuse of Naira note
Bankers in the country have expressed their readiness to enforce the law against the abuse of…
Customs blame cost of transportation on non-transfer of overtime cargo
Matthew Otoijagha The Apapa Area Command of the Nigeria Customs Service (NCS) has blamed the high…
FMDQ reiterates commitment to developing fixed income market
Matthew Otoijagha FMDQ OTC Securities Exchange has reiterated commitment to the development of fixed income securities…
CBN lists measures to sustain banking sector’s growth
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the adoption of risk-focused…
FG reduces cost of registration for SMEs
The Federal Government has approved a 90-day special window to register businesses at a reduced rate…
PFAs directed to allow retirees, foreigners withdraw their pension contributions
Matthew Otoijagha The National Pension Commission (PenCom) has mandated all Pension Fund Administrators (PFAs) to allow…
SEC partners FSD Africa to boost investors’ confidence
The Securities and Exchange Commission (SEC) and FSD Africa have concluded a £450,000 deal. The deal which…
External reserves drop by $1.45bn in one month
Data obtained from the Central Bank of Nigeria on Monday showed that the nation’s foreign exchange…
Berger Paints targets larger market share
Berger Paints Nigeria Plc has said its focus in the near term is to increase its…
CBN to revoke Licences of 182 financial institutions
The Central Bank of Nigeria on Wednesday gave a notification to revoke the operating licences of…
Minimum wage: Labour orders nationwide strike
The Nigeria Labour Congress has directed all its members and affiliate unions to commence a nationwide…
CBN warns against looming economy recession
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic…