EU/ECOWAS Criticize Nigeria’s Low VAT Compliance
The European Union (EU) and the Economic Community of West African States (ECOWAS) delegation to Nigeria have raised concerns over...
GTCO Plans to Raise N525 Billion Through IPO to Strengthen Capital Base
Guaranty Trust Holding Company (GTCO) Plc is gearing up to raise approximately N525 billion through a public offer, aimed at...
Nigeria Banks Lead in Capital Importation, Stanbic IBTC Tops List
In the final quarter of 2023, Nigeria witnessed a surge in capital importation, with the banking sector emerging as a...
Oil Export Revenue Surges by 37% Amid FX Devaluation
Nigeria's oil export revenue reached a record high of N29 trillion in 2023, marking a significant 37% increase compared to...
Nigerian Stock Market Records Significant Gain, Adds N3.26 Trillion
The Nigerian Exchange Limited (NGX) witnessed a remarkable surge last week, propelled by a combination of robust corporate earnings for...
CBN’s Liquidity Mop-up Triggers Surge in Banks’ Borrowing to N8.7 Trillion in Two Months
The Central Bank of Nigeria's efforts to mop up liquidity have led to a significant increase in borrowing by deposit...
Goldman Sachs Predicts Naira to Trade at N1200 Against the Dollar in 2024
US-based investment bank Goldman Sachs has forecasted an optimistic outlook for the Nigerian currency, the Naira, predicting it will appreciate...
Naira Continues Decline Against US Dollar in Official and Black Markets
The Naira faced further depreciation against the United States dollar, continuing its downward trend in both the official and black...
PenCom Denies Allegations of Lending N10 Trillion to Federal Government
The Director-General of the National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, has refuted claims suggesting that the commission loaned N10...
ASI Soars to Record High, Boosting Equity by N420 Billion
The Nigerian Stock Exchange's All-Share Index (ASI) witnessed a remarkable surge, climbing by 743.66 points to reach an unprecedented high...
Popular Story
Naira Depreciates Further Against US Dollar at Official Market
Nigeria Revenue Service Denies Introduction of New Vehicle Tax
Nigeria’s Bond Yields Rise Slightly as DMO Prepares N700 Billion Auction
Naira Slips to Fresh Low of ₦1,364.24/$ at Official Window
FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
