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- Category: News
- Forex supply: Banks’ documentation process cumbersome, says FDC
- BDCs: Banks can’t be trusted, will hoard dollars, says Mailafia
- Naira slumps to 523 against dollar at parallel market
- Naira slides to 505/$ as CBN stops forex sale to BDCs
- Experts fault naira devaluation, say prices’ll rise, poverty deepened
- Investors gain N150bn as Nigerian stocks cut losses
- CAC sets three-hour circle for company registration
- Only 47 money transfer operators are licensed – CBN
- Naira slumps further, exchanges for 485/$
- Stock market records N140bn weekly loss
- Naira exchanges for N481/$ at parallel market
- Foreign exchange inflow rises to $23.60bn
- Credit bureau launches solution to boost borrowers’ profiling
- ABCON moves against forex speculators, black market dealers
- Currency in circulation dropped to N2.83tn in Jan
- CBN, SEC anchor cryptocurrency ban on financial system protection
- NSE market capitalisation appreciates by N27bn
- External reserves down by $565m in two weeks
- Stock market extends decline as 22 stocks decline
- Stock investors gain N60bn as Seplat, 30 others rise
- Naira gains slightly, exchanges for 473/$
- Stocks post N370bn weekly loss amid profit-taking
- Flour Mills lists N29.8bn bond on NSE
- FG to pay N71bn counterpart funding for six railway projects
- N1.3bn debt: AMCON takes over Inducon Nigeria’s assets
- Investors gain N325bn as 49 stocks rise
- Naira slumps further, exchanges for 473/$
- Exchange rate unification’ll maximise remittances’ benefits – ABCON
- Experts kick as FG signs $1.96bn Kano-Maradi rail project MoU
- Stock market gains N16bn after first weekly loss
- Manufactured goods imports gulped N9.28tn in nine months – NBS
- World Bank projects 5% growth for Nigeria, others in 2021
- 874 microfinance banks have operational licences – CBN
- Demutualisation: NSE names CEOs for emerging entities
- Stock market gains N24bn on blue-chip firms
- Equity market begins 2021 positive with N459bn gain
- Oil tumbles after hitting $53, OPEC+ delays decision
- 10 power plants idle on Discos’ rejection, gas shortage
- Banks’ loan defaulters almost wrecked Nigerian economy – AMCON
- ABCON urges CBN to make BDCs diaspora remittance agents
- BoI concludes $1bn syndicated term loan
- NNPC’s gas handling facility begins operations, reduces flaring
- Eterna shareholders to sell stakes to new investor
- Equity market extends gain with N334bn
- Stock market sustain positive sentiment with N140bn gain
- Diaspora remittances: CBN threatens to sanction operators paying local currency
- FG comes under fire as 164 million phones risk disconnection
- Emirates welcomes new aircraft
- Banks credit to transport sector now N503.95m – NBS
- November inflation rate rose to 14.89%, says NBS
- Nigeria Breweries invests N5bn in new automated line
- Investors lose N232bn as stock market fall deepens
- Oil rises above $50, highest in nine months
- Reps pass 2020 Finance Bill for second reading
- World Bank urges Nigeria on reforms to avoid worst recession
- Naira exchanges for N474/$
- Stock market extends weekly gains
- Shareholders approve GTBank’s planned holdCo structure
- CIBN president urges banks to strengthen cybersecurity
- Experts proffer solutions to Nigeria’s economic crisis
- Pension contributors withdraw N14.79bn as job losses rise
- NCAA warns airlines about adverse weather
- MSMEs make informal payments to fast-track FIRS processes – Report
- 138 miners seek N14.6bn for projects – FG
- Stock market extends gains by N55bn
- Forex liquidity presents risks to Nigerian banks’ ratings – Fitch
- NNPC projects N11tn revenue for 2021, $14bn industry spending
- Forex scarcity bites harder, CBN amends diasporan remittance law
- FG granted N341.94bn waivers in three years –Minister
- CBN retains lending rate at 11.5%
- Senate approves FG’s N148.14bn refund to Ondo, Osun, others
- Aviation sector contribution to GDP slumps by 38.86%
- Emirates offers travellers $500,000 multi-risk travel cover
- New tariff will attract power sector investments – NERC
- We must reduce oil production cost, says Osinbajo
- Stock market extends downturn by N278bn
- We’re not part of FG’s plan to sell national assets – Senate
- Despite COVID-19, FG, states, LGs shared N2.054tn in Q3, says NEITI
- Govt plans bridge bank to support struggling lenders
- Fuel price hike violates our agreement with FG – NLC
- Freight forwarders seek reopening of borders
- Experts blame borrowing, fuel price hike as inflation climbs to 14.23%
- Naira plunges to 475 as dollar demand rises
- FG blocks RMAFC’s proposal on revenue formula, salaries review
- FG considers another tax exemption for small businesses
- Reps summon NNPC boss, Emefiele, allege N3.2tn, others unremitted
- FG disburses MSME Survival Fund to tailors
- NDIC to insure non-bank deposits taking institutions
- Forex reserves decline to $35.63bn, lowest in two months
- Why FG spends more on airports despite concession plan – Sirika
- NSE triggers circuit breaker as stocks record five-year highest gain
- NNPC raises petrol depot price, marketers to sell at N168-N170/litre
- Internet economy in Nigeria, others to reach $180bn in 2025
- N265bn disbursed under National Housing Fund, says FG
- Stock market sustains bullish trend with N324bn gain
- Forex demand pressure worries CBN MPC members
- ICSAN president becomes global body VP
- ‘Loan defaults worsened in third quarter’
- CBN warns banks against diverting agric intervention funds
- Private sector lost N5tn assets to hoodlums – NECA
- Aviation fuel revenue falls by N14.9bn in nine months
- Stock market gains N641bn on positive sentiment
- PenCom allows contributors to change pension companies
- PH Disco tackles energy thieves, meter distribution begins
- IPPIS: Petrol scarcity imminent as PENGASSAN downs tools
- FG shouldn’t open borders for only Dangote, says Peterside
- Naira may depreciate to 475 against dollar, says Rewane
- Four airports will get oil spill response units – NOSDRA
- Recapitalistion: Insurers want NAICOM to waive Dec deadline
- Ministry to close GRA street, others for railway project
- Our Sheraton land not under threat – Ikeja Hotel
- Govt firm develops 1,400 housing units for workers
- We owe CBN more than N4tn, says AMCON
- COVID-19: Senate kicks as FG approves N5bn bailout for aviation sector
- FG recorded N409.39bn fiscal deficit in August – CBN
- Insurance industry needs govt patronage, local content enforcement – Ogunbiyi
- Tranex reports N79bn loss in Q3’20
- Taskforce blames Apapa gridlock on exporters, others
- Ikeja Electric begins rollout of 106,000 meters
- FG to spend N269.38bn on six million free meters
- Banks provided N1.8tn, $1.36bn, €10.92m loans to MSMEs, says CBN
- Equity market extends gain with N106bn
- Stakeholders seek investments in trees for paper industry
- Equity market extends weekly gains
- Nigeria considers supplying electricity to Chad
- 114,837 retirees collected N28.46bn, quit pension scheme – Report
- Chinese products top Nigeria’s imported goods list – NBS
- FG begins N75bn support fund disbursement this week
- Naira slides to 460/$ at parallel market
- Govt expecting one million MT steel from $1.5bn plant – Minister
- NNPC’s liabilities exceed assets by N4.4tn – Report
- IMF projects $28tn COVID-19 losses in five years
- External reserves drop by $50.84m in 10 days
- BREAKING: Nigeria’s inflation rate hits 13.7%, highest in 30 months
- Nigeria’s economy’ll contract by 4.3% in 2020 – IMF
- FG will double Nigeria’s airports by 2023 – Minister
- NACCIMA hinges economic revival on private sector
- Stockbrokers to set blueprint for economic revival
- Stocks record 5.3% weekly rise, investors gain N740bn
- Consumers paid N76.5bn extra for petrol after deregulation – Investigation
- Nigerian insurance industry’s asset rises to N1.8tn
- Stocks record 5.3% weekly rise, investors gain N740bn
- PenCom approves N19.85bn for 6,006 retirees in Q2
- N1bn paid to 219 retirees in September, says Lagos
- Stock investors gain N350bn as market cap hits N14tn
- Petrol price may drop this month, say marketers
- Cheque books to get new digit, expiry dates
- FG inaugurates survival fund for 333,000 artisans, transporters
- Electricity consumers paid N1.27tn in three years, say Discos
- Discos obey NERC, begin 14-day tariff hike suspension
- Petrol: Comparing Nigeria with Saudi Arabia ridiculous, TUC tells Buhari
- NLNG raises cooking gas supply to 450,000 metric tonnes
- N700bn recovered through whistleblowers in four years, says FG
- Pension: 4,668 job losers withdraw N2.56bn in three months
- Sterling Bank gets CBN’s nod for holding company
- Investors gain N54bn as stock market rises further
- NSE lifts suspension on R.T Briscoe shares
- Senators reject Buhari’s nominee as PenCom DG
- We’ve not been informed of tariff hike suspension – Discos
- ‘Lagos posted N89bn surplus in 2019’
- Arik, workers’ negotiation breaks down
- Nigeria far from financial inclusion target – CBN Report
- Finance minister, others shun budget performance sitting, panel kicks
- Oil marketers decry N320bn loss, oppose labour strike
- Nigerian collecting illegal $36,000/month from ship owners – Amaechi
- 174,574 apply for COVID-19 N75bn MSME survival fund
- Unitrust Insurance increases paid-up capital to N6.4bn
- FG September bonds oversubscribed by 215.22bn
- NSE admits United Capital’s N10bn bond
- Manufacturers seek import duty waiver on raw materials
- FG places nine-year presidential jet on sale
- NAICOM to stay action in suit against insurance recapitalisation
- LDR: Banks total credit rises to N19.33tn
- CBN prepares for recession, reduces benchmark lending rate to 11.5%
- CBN decries speculation as naira plunges, exchanges for 465/$
- FG monthly oil sales revenue tumbles by 75%
- Stock market extends weekly decline, investors lose N20bn
- Life annuity funds rise to N463.1bn, says NAICOM
- Foreign reserves rise by $140.9m, now $35.81bn
- Leaked documents reveal money laundering scam worth $2tn
- Stock market ends three-day rally, posts marginal loss
- COVID-19: CBN disburses N369bn to SMEs, manufacturers, others
- 13.22% inflation rate: Address insecurity, forex, energy, experts tell Buhari
- CBN unveils N200bn loan for FG’s social housing project
- Naira plunges further, exchanges for N460
- FG reopens all airports for domestic flights
- N4bn debt: AMCON takes over investment company’s assets
- CBN unveils solar intervention fund, fixes N500m maximum limit
- UPDATED: Nigeria’s inflation hits 13.22%, records biggest monthly increase in 2020
- NSE intensifies efforts to introduce derivatives
- CBN makes e-marine insurance mandatory for Form M
- Stock market falls further, investors lose N38bn
- Stock market extends downturn by N44bn
- Bank deposits rose by N4.7tn in seven months – CBN
- ECOWAS halts single currency launch, adopts gradual approach
- Foreign exchange inflows fell to $5.52bn in May
- FG debt now N24.52tn, recorded N561.71bn deficit – CBN
- Forex infractions: CBN sanctioned 300 firms in one year
- MDAs failed to remit N1.2tn, says Fiscal Commission
- 5,180 BDCs get $51.8m on forex sales resumption
- Stock market falls, investors lose N13bn
- Knocks for FG over petrol price, electricity tariff hike
- 13 power plants shut, Discos reject 8,733.39MW in one week
- Naira set to gain as CBN resumes forex sales
- CITN seeks solution to taxpayers’ challenges
- International flight: FG bars Air France, KLM, others, approves 14 airlines
- NNPC obtains $1bn to fund upstream operations
- Investors gain N26bn as market sustains growth
- We halted N79.3bn foreign payments by MDAs, firms – NOTAP
- CBN bans special treatment for payment service banks
- Stocks end six-day gaining streak, investors lose N14bn
- CBN to resume forex sales to BDCs Sept 7
- Refineries idle for 12 months, incur N142bn expenses
- Senate demands probe of $18bn NLNG dividend to NNPC
- Stock market sustains positive sentiment, investors gain N20bn
- Nigeria’s oil sector suffers 6.63% decline amid production cuts
- Shrinking of economy: Experts warn of mass poverty, predict recession in Q3
- FG orders petroleum ministry vehicles to run on autogas
- Revenue rises by N19.26bn, FG, states, LGs share N676.41bn
- Nigeria accounts for 70% products under ECOWAS trade – FG
- N500m debt: AMCON takes over Northrich Technologies’ assets
- Stock market advances with N18bn gain
- Stock market records marginal gain, reverses loss
- FG recorded N488bn fiscal deficit in April – CBN
- 259 retirees get over N1bn benefits in Lagos
- Stock market records N90bn weekly gain
- Foreign reserves fall by $544.94m in six weeks
- Banks’ total assets rise to N47.82tn
- Nigeria’s oil exports threatened as US floods European market
- Forex scarcity: Bank slashes card spending limit
- Nigeria exported $4.47bn crude, FAAC got N1.83tn —NNPC
- CBN to unify exchange rates, pegs naira at 379/$
- NUPENG, PENGASSAN fume over petrol price hike
- Reps summon Adeosun, Ahmed, Farouq over N1.7tn NSIP fund
- Currency in circulation rises to N2.39tn
- NCC revises USSD pricing, says 20 seconds costs N1.63 Published August 6, 2020
- China becoming apprehensive about Nigerian loans, says FG
- Lagos slashes land use charge, waives N5.7bn fees
- Nigerians spent N2.37tn on petrol in 13 months – NNPC
- Oil price nears $46, highest in five months
- CBN disburses N635.39bn to commercial farmers
- Oil falls to $43 as US crude inventories rise
- Federal Govt records N1.46tn revenue deficit in Q1
- FG plans N4.28tn loan for N12.66tn 2021 budget
- NCC seeks resolution to banks/telcos USSD dispute
- Unified exchange rate’ll attract $25bn diaspora remittances –ABCON
- Forex uncertainty worries businesses as CBN retains 12.5% interest rate
- Investment commitment dipped by $10.9bn in H1 – NIPC
- FG, states, LGs’ borrowing from banks hits N954.27bn
- Lockdown, physical distancing almost shut down economy – FG
- AMCON develops strategies to recover N5tn debt
- Worsening poverty, risk to democracy, security – LCCI
- FG defaults in pension remittance for six years P
- Darkness persists, generation falls to 2,943MW, 10 plants idle
- IMF advises banks to suspend dividend payment
- Foreign direct investment dropped to $214.25m in Q1 – NBS
- FG, states, LGs shared N1.95tn in first quarter –NEITI
- Egbin, 10 other power plants suffer gas shortage
- Dollar sells for N445 as forex scarcity persists
- COVID-19: Insurers set to pay N3m on deceased doctor
- Power generation falls to 3,757MW, six plants idle
- Global oil price benchmark slumps to $19
- Nigeria, others need $114bn to fight COVID-19, says IMF
- Petrol subsidy removal, a game-changer — LCCI
- Lockdown: Stock market gains N28bn in two weeks
- Nigeria to benefit from G-20 debt relief package — FG
- Nigeria to benefit from G-20 debt relief package — FG
- Aviation industry contributed 0.14% to GDP in 2019 – NBS
- Stock market finished week negative with 13.49% loss
- Oil crash: Nigeria may lose $8.63bn in six months
- Investment commitments declined by $60.99bn in 2019 –NIPC
- Manufacturing declines as 2.27% GDP growth surpasses IMF projection
- No ban on domiciliary accounts deposits – CBN
- Nigeria’s economy grew by 2.27% in 2019 – NBS
- FG to inaugurate committee for new economic plan
- NNPC, oil majors disburse $360m for Ogoni clean-up
- AfDB to support agro-processing zones with $300m
- Senate summons AGF, CBN over N596bn ecological fund
- FG to begin mechanised farming in 632 LGAs
- High interest rates top business constraints, says CBN
- Debt exceeds revenue in 36 states, FCT, says FRC
- N1.5tn revenue target for Customs too high — Stakeholders
- FG approaches China for $17bn loans
- SON system failure: Port loses N84bn in two weeks
- Federal Govt to pay N272.9bn maturing bonds
- Stock market opens week with N160bn loss
- States record N986.29bn IGR in nine months
- FG eyes $150bn from zero-oil plan
- Agric, manufacturing, telecom ’ll drive economy, say Rewane, others
- Recapitalisation: NIA commends NAICOM on deadline extension
- Nine delisted firms wipe off N165.11bn from NSE
- New VAT regime: Stakeholders demand waivers, exemption, infrastructure
- FG implements Finance Act, charges 7.5% VAT on transactions
- Monthly foreign exchange inflow rose to $9.84bn –CBN
- Recruitment budget: N1.6bn for hiring, training, Customs insist
- Russia, Afreximbank to provide $1.46bn for Ajaokuta completion
- 13 banks pay N136.84bn tax in nine months
- BDCs seek stake in $25bn Diaspora remittances
- Banks’ deposits with CBN hit N3.17tn in nine months
- Border closure a blessing, says cooperative federation
- Minimum wage: TUC gives states January 31 ultimatum
- Telcos defy minister, say voicemail regulation not required
- Nigeria needs social housing policy at all levels of government – Adele
- We saved N700bn through TSA, whistle-blowers, reforms – FG
- NLNG pays $7bn tax, $15bn dividend to FG
- NUPENG gives Chevron seven days to recall workers
- Stock investors lost N492bn in Q4 2019
- Grid sheds 292.4MW as power station catches fire
- FG targets N939bn from oil block licences renewal
- CBN disburses N611.5bn to commercial farmers
- Refineries process no crude oil in three months
- Border closure: Businesses’ll continue to suffer, OPS warns
- Total pension assets rise to N9.8tn
- Dangote refinery’ll help Nigeria save $10bn forex — Minister
- New Senate bill takes road maintenance from FG
- Buhari may sign 2020 budget on Tuesday
- Niger Insurance pays N1.4bn claims in six months
- Discos increase revenue collection to N466bn
- Senate probes CBN over N20tn unremitted stamp duty
- Nigeria to spend N750.81bn on fuel subsidy in 2020
- Stock market opens week with N84bn loss
- FG set to disburse N600bn power fund – NDPHC
- AMCON takes over Cedar Oil over N24bn debt
- Roads: FG owes contractors N306bn, says Fashola
- ICYMI: 36.5 million barrels of oil stolen in 2017 – NEITI
- FG, AfDB to develop agro industrial zones
- Fowler’s tenure ends, fate hangs in the balance
- Gencos incur N362bn debt in eight monthsGencos incur N362bn debt in eight months
- FG has disbursed N19.9bn to petty traders – BoI
- Oil may fall to $40, experts warn OPEC
- Equities market gained N203bn in November
- Nigeria earned N275bn from VAT in Q3 —NBS
- Border closure, forex restriction’ll boost capital market –Minister
- Reps seek waivers for imported power equipment
- Consume local products, forex support may stop, Emefiele tells Nigerians
- NNPC confirms December for $10bn NLNG Train-7 FID
- AfDB approves $210m for Nigeria’s power transmission projects
- FG deducts N35.51bn from states’ allocations as b
- Resort Savings gets fresh N4.3bn capital Published November 26, 2019
- Economy attracted $19.67bn investments in nine months — NBS
- Discos reject 8,848MW of electricity in one week
- FG earns N452bn from MDAs in 10 months
- Rice price rises by 29.41% in two months
- AMCON seeks judiciary’s support to recover N5.4tn debt
- $600m imports of cassava products not sustainable –Emefiele
- FG recovers N594.08bn through whistle-blower policy
- Foreign debt servicing gulps $1.66bn in 12 months
- Foreign debt servicing gulps $1.66bn in 12 months
- REDAN, EFCC collaborate to curb property fraud
- Rising public debt, weak economy worry bankers
- Delisting: A.G. Leventis offers N1.4bn to shareholders
- 2020 Budget: FG proposes N9.12tn, targets N7.17tn revenue
- Crude oil demand’ll remain high beyond 2040 – NNPC
- FG approaches World Bank for another $2.5bn loan
- CBN restricts forex for importation of cassava products
- Inflation dropped to 11.02% in August, says NBS
- Four banks generate N24.3bn from account maintenance charges
- External reserves lowest in six months, at $42.84bn
- Minister assures Nigerians of stable power supply
- AMCON intensifies efforts to recover N4.5tn debt
- Low financial inclusion increases dirty banknotes in circulation
- BPP saved N26.86bn from contracts in 2018 –Report
- 83 million litres of aviation fuel available –PPPRA
- Excess crude account depleted by N6.48tn in seven years
- NNPC records 45,347 pipeline ruptures on downstream network
- World Bank, China tops Nigeria’s creditors with $11.46bn
- Petrol subsidy gulped N650.2bn in 12 months – Report Published September 2, 2019
- Stock market sheds N1.5tn in eight months
- External reserves sink to five-month low of $43.67bn
- CBN to auction N208bn treasury bills
- Buhari approves new NDDC board
- Nigeria, a laughing stock in oil business — Petroleum minister
- Stock market wobbles as foreign investors withdraw N243.35bn
- Stock market inspires confidence, gains N351bn
- VAT fetches N312bn in three months
- Discos to repay N34bn CBN loan this year
- Nigeria’s problem is revenue, not debt — Finance minister
- FG should increase FMBN capital base to N100bn – REDAN president
- FG to prosecute abusers of social investment programmes
- Banks’ software investment rises 55% to N120bn
- Power generation falls to 2,970MW on Discos’ demand
- Buhari signs N600bn intervention fund for power sector
- Food import: AFBTE advises CBN on forex ban
- Nigeria risks fiscal crisis without increased revenue — Ahmed
- Stock market records biggest gain in two months
- WAICA Re’s gross premium rises to $58m
- Deceased workers’ relatives collect N173bn pension, insurance settlements
- Stock investors lose N186bn in three days
- Investors lose N157.7bn as 43 stocks decline
- External reserves drop by $482m in one month
- Foreign investors acquiring insurance firms over recapitalisation
- Savings bond: DMO records N13.44bn investment
- CBN introduces guidelines, sanctions to protect depositors
- FG promotes 1,780 directors, backdates elevation
- NAICOM bars insurance firms from borrowing to recapitalise
- $10bn agro export loss threatens Nigeria AfCFTA share
- Stock market begins August with N14bn gain
- FG raises panel to recover N5tn AMCON debts
- CWG to re-introduce suspended business units
- Banks’ non-performing loans fall to 9% – CBN
- NPA sets up committee on Apapa gridlock
- Stock market slumps by N479bn in June
- Pensions: Katsina, Imo, 19 others not remitting deductions from workers’ pay
- Power grid suffers total collapse, TCN may expel Discos
- FG’s June bonds oversubscribed by N60.13bn
- Pensions: States failed to remit N3.4bn deducted from workers’ pay, says PenCom
- Oil discovery exposed Nigeria’s economy to vulnerability –Emefiele
- FG inaugurates SEC board four years after dissolution
- Cbn plans fresh banks recapitalization as capital base weakens by 3-5BN
- No going back on banks’ probe for tax collection verification – RMAFC
- Bank loans to manufacturers, farmers, others hit N241tn –Investigation
- Oil prices rise on US-Iran concern
- FG rules out Eurobonds this year
- OPEC to meet July 1, 2 after several postponements
- Foreign investment into Nigeria drops by 43% – UN report
- Banks begin disbursement of creative industry intervention fund
- Oando share price drops as SEC suspends AGM
- Bank CEOs to go tougher on bad debtors
- FG’s preference for borrowing slashed savings bonds by 50% – CBN
- CBN injects $205m into forex market
- FG’s social safety programme gulps N471bn in three years
- 132 firms bid for NNPC crude-for-product swap contracts
- Manufacturers see poor power supply as biggest challenge
- States grew IGR by N231bn to N1.1tn in 2018 –NBS
- Investors lose N713bn in April as stock market tumbles
- NIPC earned N13.8bn from investment promotion in seven years
- Nigeria, others raise over $17bn from bonds, says World Bank
- 20 Nigerian oil cargoes remain unsold despite price cut
- How to keep your online transactions secure
- Nigeria’s daily petrol supply hits 56 million litres – PPPRA
- Infrastructure gap: Nigeria needs to invest $100bn per annum for six years — BPE
- Stock market rebounds on N16.5bn gain
- N24.39tn debt: IMF worries over Nigeria’s repayment capacity
- N33bn probe: PenCom ignoring demands for bank statement – Lawmakers
- FG failed to implement N734.53bn capital budget in 2017 –FRC
- FG plans N200bn intervention funds for oil palm, cocoa others
- Export grant: FG to settle 270 firms with N195bn
- Dangote refinery’ll improve Nigeria’s trade balance by $2bn yearly –IMF
- Nigeria’s debt hits N24.39tn, rises by N2.66tn in one year
- CBN, Polaris Bank take financial literacy to schools
- Commercial banks to pay N103bn taxes to FIRS
- Nigeria’s instant electronic payment hits 1.34 million
- FG‘ll revert to Jan-Dec budget cycle in 2020 –Minister
- Nigeria lost N234bn to gas flaring in 2018 –NNPC
- Investors oversubscribe March FGN Bonds by N140bn
- CBN to review Payment Service Vision 2020
- Reps suspend MTEF meeting over Emefiele, Baru, others’ absence
- CBN cuts interest rate to 13.5%, seeks GDP rebasing
- Textile industry: NECA, Textile Union back CBN on forex restriction
- FG seeks to diversify stock market instruments
- CBN to maintain tight monetary policy, estimates 12% inflation
- Utilise capital market to fund budget, experts tell FG
- NNPC considers extending gas pipeline to Algeria
- Refineries lost N132bn in 2018, says NNPC
- 2019 budget: MTEF suffers another setback
- Textile union lauds CBN’s ban on sale of forex
- Nigeria, US trade hits $35bn
- World Bank closes nominations for president
- Stock market reverses gains, reverts to losing streak
- Take over operation of OML 11 from Shell, Buhari orders NNPC
- Naira gains marginally against dollar at parallel market
- Steps to getting out of debt
- CBN to auction N89.5bn Treasury bills this week
- Stock market investors withdraw N61.67bn in one month
- Bank loans to real estate industry drop by N162bn
- Stock market records decline in investors’ participation
- CBN urged to raise NIRSAL MFB capital to N100bn
- US slashes imports of Nigerian crude by 43%
- CBN, EFCC may bar culprits from opening bank accounts
- FG, IOCs lose N684bn to oil pipeline shutdown
- Nigeria imports 1.3 billion litres of fuel in two months
- ABCON backs CBN on financial stability roles
- Capital market operator sued for alleged N58m fraud
- Nigeria recorded N32tn trade in 2018 — NBS
- ABCON seeks N250/$1 exchange rate
- Nigeria’s oil exports drop as Aiteo shuts pipeline
- Currency traders expect naira to appreciate next week
- Bank stocks see biggest fall in 20 months
- Oil sector, highest contributor to illicit financial flows –Report
- Govt revenue drops by N42bn as FAAC allocates N610bn
- Poll results: Stock market investors lose N170bn in two days
- Banks’ non-performing loans climb to N8.17tn
- Net foreign exchange inflow falls to $8.44bn in 2018
- Retailers, merchants recorded 150,777 failed PoS transactions Tuesday
- Cheque transactions dip by 20% as digital payments rise
- Stock market rises after presidential election
- CBN releases N596bn for 576 agric projects
- Exports of Nigeria crude oil grades set to rise
- N464bn Treasury, OMO bills to mature this week
- CITN promotes tax culture among women
- Developer advises govt on low-cost housing
- CBN injected $39bn to stabilise naira in 2018
- FG orders IOCs to pay $20bn in back taxes
- FG earns N1.1tn from VAT, recovers N33bn from defaulters
- FG approves CIBN’s disciplinary tribunal rules
- FAAC disbursed N270bn to FG in January –NBS
- PIB’s fate uncertain as elections take centre stage
- Stock investors recoup January losses, gain N806bn
- Naira maintains stability ahead of elections – ABCON
- Banks’ instant pay transactions hit 2.5 million on Val’s Day
- Banks to provide single-digit interest loans to creative sector
- Stock market rises slightly as 22 firms gain
- CIS to train stockbrokers on investment analysis
- Flight ticket purchase by politicians, expatriates rises as election nears
- Stakeholders decry govt neglect of capital market
- Bank sets N12bn one year goal, launches ATM
- Commercial banks’ assets, liabilities hit N37.14tn
- Give 1% profit to health sector, Dangote tells firms
- Economy grew by 1.93% in 2018 – NBS
- Nigeria spends N5.468tn on debt servicing in 39 months
- Nigeria’s economy needs structural transformation — Expert
- FG to issue promissory note to settle N350bn exporters’ debt
- FIRS goes after 85,000 millionaire tax debtors
- Financial statements: NSE slams N429.5m fines on 38 firms
- CBN gives BDCs approval to automate operations
- EAC, NSE to launch investment guide
- Stock market investors lost N326bn in January
- Foreigners, others quit contributory pension, withdraw N24.95bn
- Manufacturers spent N246bn on fuelling generators in two years —MAN
- MAN targets increase in manufacturing sector’s GDP contribution
- Refineries’ funding: NNPC, investors disagree on commercial terms
- CBN recorded $40.9bn forex inflow in nine months – Report
- FG targets $2bn from oil block licence renewal …says IOCs must release idle oil fields
- Govt needs to tackle sluggish economic growth —NESG
- Dogara intervenes in delayed $100m World Bank project
- ABCON urges CBN to make BDCs direct agents of IMTO
- CBN introduces fines, others in e-payments regulation
- FG, EFCC begin tracking of vessels lifting Nigeria’s crude
- CBN injects $210m into inter-bank market
- Customs CG wants import duty on vehicles reduced to 45%
- Rising foreign debt profile bad for economy – Senate panel
- AMCON recovered N1tn from debtors in eight years –FG
- FIRS will surpass N5.3tn 2018 revenue — Fowler
- CBN injects $289.76m, CNY 38.70m into retail SMIS
- I’ll run for World Bank Presidency if nominated – Okonjo-Iweala
- NDIC paid N7bn to FG in 2018 –Ibrahim
- RMAFC to order probe of banks over stamp duty
- Bad debts: CBN plans tougher bank capital rules
- CBN to fine banks for paying counterfeit banknotes
- CBN cautions FG against rising debt level
- Reserves would’ve crashed to $2bn without forex restriction — FG
- IMF cuts Nigeria’s 2019 growth forecast to 2%
- FIRS’s cost of revenue collection hit N300bn in 2018
- India offers Nigeria $5bn line of credit
- NNPC partners African transport union to halt petroleum leakages
- Afrinvest forecasts 2.5% economic growth in 2019
- CBN deputy gov tasks varsities, others on agric research
- CBN may increase items on forex restriction list to 50
- AFIG Funds acquires 29.9% shareholding in NEM Insurance
- Create enabling environment, financial operators tell FG
- MSMEs, most important components of economy, says Osinbajo
- NNPC blocks downstream sector leakages worth N307bn yearly
- ‘Consumers’ spending during Christmas pushed inflation rate to 11.44%’
- Why Nigerians are not feeling impact of economic growth — DG Budget
- Investors gain N120.5bn as stocks rise further
- Banks to lose 18 month interest on marketers subsidy debts
- CBN moves to achieve 80% financial inclusion target
- NPDC seeks N967bn to develop 416 million barrels of oil
- Experts laud FG’s new policy on public building maintenance…say it will create jobs
- Minimum wage: FG asks technical committee to look for additional revenue
- Foreign reserves gain $6.42m in three weeks
- Stock market ends losing streak, posts slight gains
- Why we are borrowing – FG
- 2019: CBN to raise N1.8tn from treasury bills sale Q1
- Nigeria lost $2.8bn to piracy, others in 2018–UN report
- 2020: CBN reviews national financial inclusion strategy
- Oil sector FDI drops by $17.12m in three months
- Nigeria’s debt hits N22.43tn, domestic component 70.51%
- Investors lose N135.8bn as bank stocks, others dip
- Seven ways to avoid unnecessary bank charges
- World Bank president to step down February 1
- Stock market investors lose N89bn as sell-offs persist
- FIRS sets N8tn revenue target in 2019
- Flight operations begin at Abuja airport’s new terminal
- Exploring opportunities in forex
- Imported raw materials gulp N837bn in 11 months
- Minimum wage: FG budgets N160bn for civil servants’ salary increase
- Stock market investors lose N1.89tn in 2018
- FG spends N2.21tn on domestic debt servicing in nine months
- ‘Brexit, tariffs can affect Europe in 2019’
- Have you made your financial resolutions for 2019?
- Refineries lose N96bn in nine months, says NNPC
- FIRS paid N4.62tn to FG in 11 months
- Nigeria imported $60m agricultural machinery in 2018
- CBN injects $365m in forex market, others
- Banking sector, others suffer as investment inflows drop by N1tn
- Customs remit N653bn into federation account in 11 months
- NNPC posts N9.85bn trading surplus in one month
- 2019 budget: FG to spend N42bn on special economic zones
- Indigenous oil firms battle for survival as debts hit banks
- Stock market rises slightly, analysts expect more gains
- Pains as cybercriminals steal bank customers’ savings
- CBN to boost domestic credit with technology
- Reps probe Nigeria’s debt profile
- Investors gain N35.8bn as oil stocks rebound
- OPEC cuts Nigeria’s oil production quota to 1.68 million bpd
- Stock market reverses gains on sell-offs, weak oil prices
- CBN, Ministry of Mines to support Osun initiatives
- Merger: Access Bank set to raise $250m capital
- 20.9 million Nigerians jobless, says NBS
- Buhari presents N8.83tn budget for 2019
- Forceful subscription: NCC set to order mobile operators to refund N36bn
- ICSAN proposes development plan to diversify economy
- FG records N2.3tn shortfall from revenue-earning agencies
- Stock market rebounds as investors gain N74.93bn
- IATA forecasts $300m loss for Nigeria, African airlines in 2019
- Equities market opens lower as sell pressures persist
- Shell’s Bonga produces 800 million barrels of oil
- Customs seize 238,094 bags of rice in 11 months
- Diamond, Access Bank to conclude merger mid-2019
- Contributors to National Housing Fund increase by 224,752
- Ways to prevent your bank account from hackers
- Govt records N3tn revenue shortfall in nine months
- Yuletide: Stock market sell-off worsens
- Stakeholders move to protect Nigeria’s $3bn submarine cable infrastructure
- Investors lose N27.89bn as stock market drops further
- Petroleum product flows to Nigeria, others soar
- Electricity consumers’ complaints rose to 153,227 in Q2
- Petroleum product depot owners shut down operations
- In three quarters, economy gained $101m from IT start-ups – NITDA
- Customs generate N1.1tn, seize contraband worth N40bn
- NNPC, others to build oil research facilities
- Stock market reverses gains as sell-offs resume
- Nigeria’ll find it difficult to cut oil production – Kachikwu
- FG, oil marketers agree on fuel subsidy payment
- Falling oil price’ll cause macroeconomic instability, inflation — FSDH
- Malabu: Russia asks Italy to drop charges against ex-envoy
- OPEC: Nigeria under pressure to join oil output cuts
- Investors’ wealth increases as stock market gains N50bn
- States to get $700m for public finance management reforms
- Over N244.8bn lost to breaches in Forcados pipeline – NNPC
- Nigeria loses $3bn annually to illegal trade in gemstones
- Ogun Customs seize 67 tokunbo vehicles, 6,015 bags of rice in one month
- CBN, EFCC to expose banks, others over forex infractions
- Subsidy debts: Oil marketers give FG 7-day ultimatum
- Nigeria’s inflation rate’ll rise to 11.4%, says CBN
- Stock market weakens, records N581bn loss in November
- Nigeria cut food imports, saved $21bn in 34 months — Emefiele
- Nigeria’s GDP growth’ll be below 2% in 2018 – World Bank
- Investors lobby as PFAs invest N17bn pension funds in infrastructure
- Debt: FG cuts Treasury bills issuance by N1.27tn
- FITC boss promotes cash-flow lending
- Investors snub oil, bank stocks, others
- CBN, ABCON’s partnership stabilising naira – Gwadabe
- Emefiele, bankers to provide insights into economy
- FMBN, presidential panel to recover N43bn from debtors
- Nigeria Commodity Exchange moves to reduce N2.7tn post-harvest losses
- Fresh trouble for Nigeria as oil price plunges
- ICT sector attracted $8bn FDI in 3 years — Minister
- $3.12bn NLNG dividends: Senate asks CBN, NNPC to submit details of withdrawals
- 2019 elections: CBN to monitor banks’ lending to politicians
- Banks borrow N764.32bn from pension fund
- Nigeria facing energy dilemma, says Kachikwu
- Ecobank loan facility oversubscribed by $268.5m
- Unsolicited messages: 12 million subscribers report telcos to NCC
- Mobile money: CBN requests N5bn capital investment from telcos
- AMCON to release new debtors’ list
- IMF predicts weak revenue generation for Nigeria
- Osinbajo defends Nigeria’s $73bn debts
- 850,000 farmers benefit from Anchor Borrowers Programme – CBN
- Eighteen states, FCT attracted $73.08bn investments in three months
- Nigerian banks must reform to survive fintech revolution – Osinbajo
- Dangote Group’s revenue’ll hit $30bn by 2020 ― Dangote
- CBN, MTN near deal over $8.1bn fund transfer
- Seven rules for your first credit card
- Refineries’ upgrade suffers delay, NNPC records N68bn loss
- NNPC oil, gas export sale rises to $470m
- Forex ban on rice, others lifted Nigeria out of recession – Emefiele
- Investors lose N288bn as stock market reverses gains
- Nigerians expect naira to appreciate, says CBN
- FG to carve five firms out of NIPOST
- Nigerians spend N2.45tn yearly to import vehicles – Osinbajo
- CBN raises capital requirements for microfinance banks
- USADF supports local enterprises, farming with $24m
- Poverty more endemic in North-West Nigeria – Report
- Dangote refinery’ll boost downstream oil sector, says LCCI
- $1FG trims budget size, proposes N8.6tn for 2019
- Oil price glides towards $85 per barrel
- Nigeria losing 500mmscf of gas daily – NNPC
- Petrol price should be reviewed regularly – Oil marketers
- SEC allays fears of stock market downturn
- Contributory pension assets rise to N8.33tn
- Stable exchange rate best choice for Nigeria – Emefiele
- Debts: Nigeria has room to borrow more, says minister
- Gowon, Abdusalami laud NNPC on capacity development
- Lack of corporate governance killing Nigerian airlines –AMCON
- Emefiele to meet MTN, banks over $8.1bn repatriated funds
- Firms expect borrowing costs to rise – CBN report
- Loans alone can’t help SMEs to succeed – CBN
- CJN, Appeal Court president advise AMCON on debt recovery
- Stocks close higher as market cap gains N22.56bn
- Nigeria bleeding under Chinese, foreign loans – Duke
- Stock market lost N1.7tn in Q3 – Report
- Nigeria’s oil, gas export sale rises by 36%
- CBN wants 15% interest on $8.1bn MTN refunds
- FG generates N3.9tn tax revenue in nine months
- Naira abuse: CBN to try offenders in mobile court
- Manufacturing sector maintained growth in September –CBN
- Investors jittery about stock market crash ― Mobolurin
- NNPC, others move to improve oil sector output
- World Bank cuts Nigeria, others’ growth forecast to 2.7%
- CBN gives reasons for external reserves’ fall
- NDIC recovers N28.84bn from failed banks debtors
- FSD Africa to fund capital market operators
- CIBN seeks roles for professionals in politics
- CBN lists measures to sustain banking sector’s growth
- Nigeria loses N3.46tn annually to port inefficiency – Survey
- Govt okays 90-day special window for MSME registration
- FG increases gas flare penalty from N10 to N613
- External reserves drop by $1.45bn in one month
- FEC okays $64m for Escravos power supply
- FG raises additional N96.74bn for 2018 budget
- CBN to revoke 154 microfinance banks’ licences, 28 others
- Improved macroeconomic conditions not enough for quick growth – Osinbajo
- Nigeria needs $123.5m to develop industrial minerals – Report
- ICYMI: Economy may slip back into recession, CBN warns
- CBN to review our $2.63bn penalty – Stanbic IBTC
- Stock market sheds N335bn as profit-taking dominates
- 2019 polls:Foreign investors withdraw N435.41bn from stock market
- FIRS collects N13bn from billionaire tax defaulters
- Forex sanctions: CBN assures foreign investors of support
- BDC reforms: Travelex partners CBN, EFCC, ABCON
- ‘High tax rates, poor access to finance limiting MSMEs’
- Stock market drops slightly as 13 firms lose
- FG targets N6bn from 20 silos’ concession
- We don’t predetermine treasury bills’ interest rates – DMO
- UK, group to monitor $322m Abacha loot spending
- FG transfers 21% shares in the mint to CBN
- Stock market reverses losses, gains N65bn
- Stocks decline as market capitalisation sheds N46bn
- Increasing states’ debt not harmful to stock market ― Analysts
- Oyo seals off 12 banks in Ibadan
- Adeosun resignation: Ahmed resumes at finance ministry
- CBN to penalise banks others for failed e-transactions
- FG plans N8.9tn budget for 2019
- FIRS moves against multiple taxes in LGs
- Stock market records highest daily loss in eight months
- Nigeria’s rising debt profile worries Amina Mohammed
- Oil price nears $80, Nigeria’s output rises
- CBN licenses 366 new BDC operators
- FG, states, LGs share N2tn in three months
- Nigeria-China trade hits $7.2bn in six months
- Travelex, CBN, EFCC to improve BDCs’ operations
- Buhari gets China’s support for 3,050MW Mambila hydropower project
- FG seeks one-year extension of World Bank’s $160m job creation fund
- Stock market sheds N190bn as 26 firms lose
- Customs record highest monthly revenue of N140.4bn
- Nigeria has gained over $5bn projects from China – Buhari
- FG demands $2bn tax arrears from MTN
- Nigeria may lose $80m World Bank job creation grant
- China announces fresh $60bn for Nigeria, other African countries
- Nigeria’s external debt rises by $11.77bn in three years
- External reserves drop by $1.2bn
- Nigeria spends $2bn annually on honey importation
- No strings attached to Africa investments, says China’s Xi
- BoI gets re-certification on ISO compliance
- NSE, London Stock Exchange are key partners ― Onyema
- FAAC sets up committee on Excess Crude Account management
- CBN injects fresh $210m into forex market
- Govt denies plan to sell NLNG to reflate economy
- Buhari promises foreign investors safe business environment
- FG seeks World Bank, Bill Gates’ support to fund NHIS
- NSE market capitalisation drops by N458bn
- Nigerian crude exports set for four-month high
- Remove import tariffs on renewable energy products, group urges FG
- CBN pegs maximum credit facility to agric, manufacturing at N10bn
- Banks give manufacturers N2tn loans in one year
- We’ll constantly review bankers’ competence, says CIBN
- Stanbic IBTC Holdings posts N43.1bn after-tax profit
- Stocks fall further, market capitalisation drops to N12.87tn
- Oil prices dip over global economic slowdown
- Oil firms to spend $158bn in Nigeria, others
- CIBN to induct 784 new members
- Forex inflow hit $91bn in 2017 – CBN
- 43% of Nigerians remain financially excluded ―LBS
- States failed to remit N41bn VAT – FIRS
- Minimum wage: SSAUTHRIAI proposes N100,000 monthly
- Nigeria borrows N2.75tn in one year
- CBN injects fresh $210m into forex market
- Insurance critical to FG’s development initiatives —Minister
- Benchmark stock index falls by 2.89%
- Nigerian banks’ll collapse if power firms fail – Discos
- Nigeria’s foreign commercial loans rise to $8.8bn
- NIRSAL facilitates $375m bank loans to agric sector’
- ASEN’ll improve efficiency, deepen capital market – SEC
- Pound falls lower against US dollar, euro
- Power: ‘70% of revenue losses come from unmetered consumers’
- Flutterwave gets CBN approval for USSD
- Operating surplus: Defaulting MDAs may face sanctions
- New power policy’ll raise tariff by 14% – Discos
- Provide more credit to consumers, credit bureaux tell banks
- UK stocks flat as trade concerns grow
- Dangote refinery’ll boost Nigerian crude oil sale – Edwin
- SEC, others to discuss capital market master plan
- Lagos-Ibadan rail: FG to deploy 16 locomotives, 40 coaches, others
- ‘CBN’s Anchor Borrowers’ Programme creates 1.5 million jobs’
- MasterCard, IFC to expand digital financial inclusion
- External reserves lost $669m in July ― CBN
- FG generates N1.4tn from operating surplus in 11 years
- Capital appreciation pushes NSE’s indices further by N26b
- N3.8tn lost to oil theft in 2016 – NNRC
- CBN warns traders against naira abuse
- Globe Motors rolls out Nigeria-assembled Hyundai, Higer vehicles
- CBN injects $210m into forex market, supports SMEs
- Investors lost N457bn in July amid bearish sentiments
- Nigeria targets fresh investments from 15 countries
- ICAN to assist govt tackle funds’ mismanagement
- Economic challenges not over, says MAN president
- CBN decries rising naira abuse
- FG implements new template for operating surplus
- CBN anchor borrowers’ loan’ll boost agribusiness – Ahmed
- Give loans to farmers, NIRSAL urges banks
- NEXIM Bank okays N25bn loan for non-oil exporters
- Nigeria, Niger Republic sign MoU on refinery, pipeline projects
- Farmers, herders crisis’ll push up food prices, CBN warns
- FG’ll provide $55m upfront grant for Nigeria Air –Sirika
- MPC: Experts predict unchanged rates, rise in inflation
- Inflation drops for 17th consecutive month to 11.23%
- Kaduna, Port Harcourt refineries dormant – NNPC
- Fashola spending taxpayers’ funds on misguided projects – Discos
- We’ll accelerate financial inclusion through technology ―CeBIH
- State House, Budget Office, 306 others spent N149bn illegally – Auditor-General
- NECA warns govt, others against another recession
- AfCFTA: Study shows Nigeria may be major loser
- Veto Buhari on budget timeframe bill, group urges NASS
- National carrier needs $300m initial capital — FG
- PIGB’ll enforce drilling of oil blocks — Ex-DPR director
- Shun Ponzi schemes, SEC warns Nigerians
- Illegal deductions: CBN returns N65bn to bank customers
- Senate okays N348bn subsidy payment to oil marketers
- Employers ask FG to end multiple taxation
- CBN sustains forex intervention, injects $210m
- Mexican president-elect announces plans to slash salary of high-level officials
- We’ll increase Nigeria’s share of intra-African trade — Osinbajo
- Metering: Ask Discos to recapitalise, FG tells NERC
- Oil price tumbles to $72 per barrel
- Stocks fall further, market capitalisation hits N13.5tn
- Currency in circulation falls to N1.93tn
- Collaborative efforts’ll make capital market vibrant – SEC
- Foreign investment outflows from NSE rise by 125%
- ‘Nigeria needs more investments in safety infrastructure’
- External reserves drop by $102m in six days
- Why banks aren’t lending at single digit interest rate – CBN
- Why Nigeria hasn’t signed AfCFTA pact –Adeosun
- Banking sector stability key to economic recovery ―MPC
- NLC, TUC to picket firms owing AMCON N4.3tn
- AfDB rolls out plan to close $130bn infrastructure gap
- Inflation rate faces risks, say Emefiele, others
- Further naira devaluation’ll worsen debt profile – FSDH
- Power: NNPC starts seven gas projects to generate 15,000MW
- FG, states grow external debt by 114% under Buhari
- Osinbajo leads investment roadshow in US
- Insurance sector needs to focus on financial inclusion – Hassan
- Sahara Gas boosts LPG availability with 7,000MT delivery to Nigeria
- Ambode seeks improved infrastructure to boost exports
- Poor financial literacy threatens MSMEs’ growth – Minister
- Remit cybersecurity levy, CBN tells mobile money operators
- CBN woos Nigerians to use Chinese yuan for imports
- VAIDS: Defaulters now to pay taxes with interests, penalties
- Nigeria has a debt management strategy – DMO
- Financial inclusion: EFInA, CcHub to expand foreign collaboration
- CBN boosts forex market with fresh $210m
- NNPC seeks capital market funds for oil projects
- Domestic debt servicing gulped N923.3bn in three months –DMO
- Heritage Bank, NEFF collaborate on e-fraud prevention
- Fintech poses huge threat to traditional banking, says CIBN
- Stocks start second half on negative note
- Why Nigeria suspended signing African free trade deal –Osakwe
- AMCON threatens to seize N5.4tn debtors’ assets
- Oil prices fall as Saudi, Russian output rises
- Federation Account: FG, states, LGs shared N8.9tn in 16 months
- Economy’ll gain steam on improved forex liquidity – Analysts
- Late budget passage erodes 13% of GDP — LCCI
- World Bank approves $2.1bn loan for seven Nigerian projects
- NNPC underpayment: Adeosun asks Buhari, govs to act
- Estimated billing: You’re fraudsters, Reps accuse Discos
- CIBN to examine finance, economic development challenges
- FG to raise $2.8bn from abroad – DMO
- Nigeria’s fertilizer consumption rose by 63% in 2017 — Report
- TCN clears 655 stranded power equipment containers at ports
- Banks must get Adeosun’s approval before lending to states – DMO Published June 27, 2018
- Know how to write cheques correctly
- Nigeria losing N3tn annually to PIB delay – PWYP
- Stock market ends six-day losing streak
- External debt servicing may pose a problem ― Rewane
- NNPC loses N547bn in three years
- Stocks fall further, NSE reviews market indices’ composition
- Exporters lament as N500bn intervention fund sits idle
- Excess charges: NSC forces service providers to refund N80m
- NSE reviews equities market structure to boost liquidity
- AMCON recovers N731bn from bank debtors in seven years
- Signed budget fails to lift stock market
- Revenue from car importation drops by 20% — NPA
- ‘Nigeria’s low tax rate inconsistent with lifestyles, spending habits of citizens’
- Dangote Cement shareholders approve N10.5 dividend payment
- 2018 Budget difficult to implement with NASS’ alterations, says Buhari
- Auditors to get N8.7bn for recovering N58bn into Federation Account
- Stock market finishes lower as 34 firms lose
- 2017 budget: N1.58tn released for capital projects, says FG
- 95.28 billion litres of petroleum products imported in four years
- 10,291 manufacturing jobs lost in 2017 – MAN
- Skystone Capital seeks to boost funding for SMEs
- NBS, SMEDAN to identify MSMEs’ skills gaps
- Seven things to know before getting a debit card
- NCC moves to resolve N165bn interconnectivity debt
- Ghana, others to import fuel from Dangote’s refinery
- Using standing order for your business
- States raise domestic debt by N1.64tn in three years
- FG, states earned N30bn from VAIDS in 11 months — Fowler
- Nigeria’s trade grew to N7.2tn in Q1 – NBS
- Adeosun, Kachikwu, Emefiele, others shun PIB hearing, Senate kicks
- Nigeria lagging behind in financial inclusion, mobile money ― IFC
- FG has no money to complete Ajaokuta steel – Minister
- Forex: CBN approves wider margin for BDCs
- OTC trade settlement: CBN orders banks to pledge N1bn
- Manufacturers suffer N30bn revenue decline in three months
- Reps panel wants N9bn recovered from Capital Oil
- Nigeria’s economic outlook positive, says Udoma
- Nigeria’s economic outlook positive, says Udoma
- Stock market value falls below N14tn, investors lose N153bn
- External reserves drop further, lose $99m
- IMF not worried about Nigeria’s debt, says Adeosun
- Stock market transactions fell by 22% in April — NSE
- Oil price falls to $74, Nigeria’s exports suffer
- We’ll lessen budget delay’s impact on economy – Adeosun
- Naira comes under pressure, reserves drop to $47.75bn
- International buyers seek homes in London’s former commercial districts
- LCCI commends Senate for CAMA Act passage
- FG saves N125bn from first-class travel ban, others
- 35 stocks fall, investors lose N154bn in one day
- Manufacturers hope on Nigeria-China currency swap to reduce costs
- Lagos woos investors to Lekki FTZ
- NNPC to settle N2.1bn owed NPA this week
- Two modular refineries’ll begin operations next year –FG
- Nigeria’s industrial production has fallen by 41% –AfDB
- FG woos 190 investors from 40 countries
- Reps seek N500bn recapitalisation for FMBN
- Petrol subsidy: Ezekwesili tackles Buhari, NNPC
- Investor to provide $10bn for Nigeria’s speed rail projects
- FG, others plan N1.7tn investment in Niger Delta
- IMF doubts Nigeria’s capacity to repay debts
- Anti-money laundering: ABCON, NFIU train BDC operators
- Rising US interest rates threaten capital flows into Nigeria
- Naira devaluation unlikely before elections —Analysts
- LCCI seeks ban on wood exports
- BoI to simplify loan procedures for MSMEs
- At last, National Assembly passes N9.12tn budget…lawmakers increase NASS budget to N139.5bn
- Split petroleum licences in PIB, NNPC tells N’Assembly
- TSA: Reps ask Stanbic IBTC to produce approval to keep $4.9m
- ERGP: FG secures $22.5bn investments in 164 projects
- National Assembly raises 2018 budget by N508bn …may pass N9.12tn budget today
- Inflation declines for 15th consecutive month to 12.48%
- ‘CBN, others’ll play key role in cryptocurrencies’ use’
- Investors lose N125bn as 32 stocks fall
- NNPC issues two-year crude lifting contracts to traders
- World Bank hails FG’s economic growth strategy, others
- ‘Bonga produced 763 million barrels of oil in 12 years’
- Gas supply to power sector rises by 89%
- Power: N1tn debt threatens NBET existence
- Currency swap deal with China’ll support naira — Ecobank
- FAAC disbursed N1.94tn to FG, states, LGAs in Q1
- Stock market extends losing streak to four days
- Scrapping multiple rates may weaken naira — Moody’s
- Nigeria may begin mass exportation of fertilizers
- NSE strengthening listed firms’ corporate governance –Onyema
- PIGB: CSOs advise N’Assembly to override Buhari
- Nigeria spends N611bn on IT projects annually, says NITDA
- Projects: World Bank officials to meet Osinbajo, Adeosun, govs
- IMF warns Nigeria, other African peers of rising debts
- CBN to cut interest rate before year-end
- Power sector lost N154bn in 125 days —FG
- $36.3bn spent on petroleum products’ importation in four years – CBN
- Banks’ credit to economy dropped by N136bn in Q1 – NBS
- PenCom to boost economy with micro-pension
- Rainstorms force power generation down by 1,148MW
- Stakeholders bemoan stifling effect of insecurity on Nigeria’s stock market
- Study international standards before exporting, stakeholders advise SMEs
- European stock markets rise at open
- AMCON applauds PAN Kaduna for improved performance
- Amid increase in oil prices, Oando posts N4.2b PAT in Q1 2018
- Nigeria, China sign currency swap deal
- PIB delay threatens $8.4bn annual oil investment
- NNPC announces new date to end gas flaring …says $25bn investments expected in gas sector
- BoI gets fresh N305bn to finance industrialists
- Manufacturing activities expanded in April — CBN
- Nigeria’s unemployment, poverty rates increased in 2017 – World Bank
- Develop skills in entrepreneurship, NSE urges members
- AMCON MD calls for stiffer regulation of aviation
- Many London homes sold for less than asking price
- Analysts foresee single world currency in growing technology disruption
- Traders unveil N2bn Africa Tyre Village in Lagos
- Shareholders laud Access Bank’s five-year strategy, dividend culture
- CBN should end multiple exchange rate regime – ABCON
- CBN sells $210m as naira closes at 363/dollar Published April 25, 2018
- Nigeria, others losing $50bn annually to illicit financial flows – AfDB
- ‘Finance houses are catalyst to economic growth’
- SEC inaugurates committee to interface with multinationals for new listings
- Nigeria not ready for post-oil economy, say Fashola, others
- FIRS, SMEDAN to increase voluntary tax compliance by MSMEs
- Nigeria will sustain positive growth outlook – Adeosun, Emefiele
- Reps okay Gwarzo’s suspension as SEC DG
- Nigeria to grow by 2.1% this year, says IMF
- World Bank knocks Nigeria, others for rising debts
- CBN injects fresh $210m into forex market
- Govt to issue 2,000 land titles to investors
- Banks fail to remit N74.1bn govt revenues –RMAFC
- FG’ll partner entrepreneurs on innovation growth – Osinbajo
- NSE migrates UBA, Seplat, two others to elite club
- FG probes alleged contract inflation, asset diversion in 28 MDAs
- Power grid collapses twice in five days
- Over 10,500 business transactions carried out daily at Computer Village – CAPDAN
- Oando crisis: Adeosun queries SEC, removes Zubair as acting DG
- Bitcoin company shocks customers, disappears with millions
- 20 Senate sub-committees delaying 2018 budget – Saraki
- Why technical suspension on Oando’s shares was lifted – SEC
- Don’t pay more than N145 for petrol, Baru tells Nigerians
- Global debt rises by 42% to $237tn
- Naira drops to 363/dollar
- BREAKING: Inflation rate drops to 13.34% in March —NBS
- 14 rice mills to attract N250bn investment –FG
- Abacha loot: FG confirms receipt of $322.5m from Switzerland
- Ghana owes $160m for gas supply from Nigeria
- DMO lists FG’s N100bn Sukuk on NSE
- Don’t sign PIGB into law, CSOs tell Buhari
- Investors lose N149bn as stocks hit three-month low
- Strong policy coordination needed to avoid another recession – Emefiele
- We paid $4.3bn to Nigeria in 2017 – Shell
- NNPC completes group financial audit for five years
- Stock market indices rebound against expectations by N45b
- CAPITAL MARKET Stock market rises as Prestige, 20 others gain
- Nigerian banks to benefit from AfDB’s $50m trade risk guarantees
- OPEC March oil output dropped to 11-month low
- Domestic debt servicing gulps N3.72tn in three years
- MPC wants reduced allocations to FG, states, LGs
- Two CBN deputy governors, three MPC members assume duty
- FG, states, LGs finally share N647bn
- FG to explore alternative energy sources
- Running a business efficiently from your home
- CBN, banks target 50 million unbanked Nigerians with SAN
- FAAC meeting ends in deadlock over NNPC’s N37bn underpayment
- Average Treasury bills, bonds yields appreciate
- TSA: FG renegotiates fees with service providers
- Technology’ll raise consumption tax revenue by 400% –LIRS chairman
- Debt recovery: NASS to give more powers to AMCON
- 700 pipeline breaches disrupt petroleum supply – NNPC
- Finance ministry, EFCC harmonising data on recovered funds – Adeosun
- Five reasons to avoid personal loans
- CBN injects $340m into forex market
- FG records N8.9tn revenue inflow into TSA
- Manufacturers owe us N30bn, say power distributors
- Senate confirms Buhari’s nominees for CBN dep govs, MPC
- Bill Gates picks holes in FG’s economic plan …urges more investment in education, health
- FG raises N64bn for 2018 budget through bonds
- FG saved N288bn through integrated payroll system – Adeosun
- We’ve increased tax revenue by over N700bn – Fowler
- National Assembly to pass 2018 budget April 24
- MAN seeks reversal of alcohol, tobacco excise duty hike
- Eight safety tips for online transactions
- Oil price hits three-week high as glut drops
- Why we didn’t sack workers during recession – FG
- FRC: Lagos, Osun, Cross River’s debts exceed revenues by over 480%
- Nigeria has enough capacity to repay N21.7tn debt – Adeosun
- N1tn debt’ll cause shutdown of power plants – Gencos
- CBN injects $210m into forex market
- Analysts predict increased buying pressure for next govt bond
- NNPC seeking funding options for refineries’ overhaul – Baru
- World Bank begins preparation for Nigeria’s $500m power distribution project
- ‘All macro-economic indicators are positive’
- Nine bad money habits that lead to problems
- Buhari inaugurates 100,000-tonne Flour Mills’ sugar plant
- Modular refineries not meant to address fuel scarcity – Kachikwu
- Nigeria’s oil reserves drop by 961 million barrels
- Nigeria’s debt rises by N9.61tn under Buhari
- Nigeria targets improved growth, ranking by 2020 with focus labs
- Nigeria’s excise duties on tobacco, alcohol very low – IMF
- Senate lifts embargo on CBN deputy govs, MPC members’ confirmation
- Govt woos Tunisian investors to manufacturing, other sectors
- NNPC has not explained missing $22.7bn – NEITI
- IMF: Rewane, others advise CBN on banking sector risk containment
- Land Use Charge: Real estate professionals call for review
- Consumers to pay more for cigarettes, alcohol …as FG raises excise duties
- CBN tasks risk managers on sustainable growth of economy
- NDIC to probe banks as fraud cases rise, loss hits N2.37b
- UNIDO begins pilot export of Nigerian dried beans to EU three years after ban
- SEC directs forensic auditors to resume Oando probe
- FG to prosecute tax offenders through special courts … identifies 130,000 high profile tax evaders
- Trade war will harm global growth, IMF chief warns
- 15 new airlines seek operating permits as business booms
- NIBSS, government’s agent feud over $53b stamp duty claims
- Economic growth may hit 2.2% this year, Rewane predicts
- Petrol demand hits 50 million litres daily, NNPC incurs N24bn monthly as subsidy
- CBN approves Cellulant’s payment solution service
- Telecom industry contracted in Q4 2017 – NBS
- Capital market shareholders call for extension of free e-dividend deadline
- Economy attracted $12.2bn foreign investments in 2017 – NBS
- Stock market starts March in loss, sheds N175bn
- Nigerians are getting poorer, says IMF
- NSE’s indices soar by N370 billion
- CBN disburses smaller naira notes to traders to end scarcity
- Operating surpluses: We deserve return on investments, says FG
- UK’s unexplained wealth orders and Nigeria
- Nigeria inflation slowed for 12th month in January
- Regular tax payment crucial to development – Adeosun
- N60bn interconnect debt threatens telecoms industry
- FG, World Bank in discussion for $1bn power loan
- CBN’s N56b agric financing creates nearly one million jobs Emefiele bags two awards
- Banks must settle customers’ complaints within two weeks –CBN
- Lawmakers laud CBN intervention projects
- Petrol queues may not disappear soon, says Kachikwu
- Buhari warns ECOWAS against hasty single currency implementation
- Nigeria earned N972.3bn from VAT in 2017 – NBS
- Naira records marginal gain, closes at 362/dollar
- Exporters must understand consumer preference for improved market access’
- Scarcity: We’ve imported $5.8bn worth of petrol, says NNPC
- Pipeline sabotage plunged Nigeria into recession – Shell
- Stock market loses N234bn in one session
- We’re expecting $40bn oil investments in five years – Kachikwu
- Tax evasion: Adeosun seeks tougher sanctions against multinationals
- Relief for importers as government relaxes rule on palletisation policy
- CBN bars banks with huge bad loans from paying dividends
- Traders to close shops over kidnapping in Calabar
- Reps demand N800bn supplementary budget for fuel marketers
- Kachikwu canvasses greater local content in oil sector
- Inflation dropped to 15.13% in January – NBS
- Stock market ends losses, appreciates by N166bn
- Ex-CBN chief canvasses N500bn national venture capital fund
- NNPC begins recovery of N100bn property
- Kachikwu laments Nigeria’s loss to oil production contracts
- Manufacturers’ power demand hits 14,882MW, want stranded 2,000MW
- Stock market in seven-day fall, investors lose N370bn
- Stocks on losing spree, hit one-month low
- Why Nigerians are not feeling budgets’ impact —Expert
- Naira closes at 363/dollar as CBN sells $536m
- Govt won’t divert capital budget into elections —Adeosun
- UK asset forfeiture: Nigerian property owners seek VAIDS intervention
- Stock market indices sustain sliding profile, down by N75b
- Government may adopt digital tech to reach small-scale farmers
- Zinox, brinks get infraco licences from NCC
- Fuel scarcity: NNPC to import 100 million litres daily
- $2.5bn foreign borrowing’ll not increase total debt – DMO
- BDCs canvass NFIU’s autonomy
- FG reappoints consortium of banks to handle $2.5bn Eurobond
- FG borrows $300m from Nigerians abroad
- NPA declares N300bn revenue for 2017
- Forex: Banks cancel commissions on PTA, tuition, medical bills
- NEXIM Bank urges SMEs to access N500bn export facility
- Naira may depreciate to 386/dollar in H2 —PwC
- FG lost N84bn to ailing refineries in 11 months
- FG’ll prepare supplementary budget for wage increase – Akabueze
- No fuel subsidy but under-recovery, says Adeosun
- OPEC January oil output rises, led by Nigeria
- Senate warns Nigerians against investment in bitcoins
- Senate to probe CBN, banks over illegal charges, deductions
- Power grid collapses six times in eight days
- 40 stocks drive 1.2% market rally amid new rules
- We received N5.1tn as subsidy payment in nine years –NNPC
- CBN sells $210m as naira closes at 364/dollar
- CPC, LASG move to fight consumer abuse
- BDCs back Nigeria’s return to JPMorgan bond index
- Whistle-blowing: FG suspends two officials, probes others for fraud
- It’s disgraceful no Nigerian refinery performing up to 50% – Buhari
- Oil hits $71 for first time since 2014
- FG considers $2.5bn borrowing via Eurobonds
- FAAC allocates N655bn to FG, states, LGs
- Presidency, Senate’s disagreement threatens CBN independence –Report
- NNPC close to selecting financiers for refineries — Baru
- PIGB’ll reduce N200bn oil revenue losses – NEITI
- Emefiele allays fears over MPC meeting
- Special forex window, others attract N7.406tn investments to stocks
- Adeosun tasks AfDB on resource mobilisation for development
- Lagos gas explosions raise safety concerns
- Oil prices under pressure
- No suspicious items in 2018 budget, says FG
- ABCON seeks more cash centres, insists on rates’ review
- ICYMI: NNPC begins direct fuel supply to independent marketers
- 2017 budget: N1.2tn released for capital projects, says DMO
- Inflation rate drops for 11 consecutive months to 15.37%
- 2018 budget contains N460bn wasteful expenditure – Group
- Oil price rises above $70 as supply drops
- Insufficient power, major constraint to business —CBN
- Naira weakens to 364/dollar despite CBN injections
- NNPC begins direct fuel supply to independent marketers
- Stock market rises to nine-year high, capitalisation hits N15.3tn
- Total pension assets rise to N7.4tn
- Financial inclusion: CBN sets new target for banks
- South Korea govt sends bitcoin on rollercoaster ride
- Investors’ wealth appreciates further by N517 billion in one day
- Fuel: Expert urges govt to adopt smart card initiative
- Stocks gain N517bn in one day, 60 firms soar
- Licence renewal: BDCs seek extension of January deadline
- Nigeria spends 34% of revenue on debt servicing – DMO Published January 10, 2018
- Banks borrow N404bn from CBN in six days
- Average T-bills yield settles at 14.64%
- Oil rises above $68, highest since May 2015
- ‘Solid minerals contributed N3.5bn to Federation Account in 2017’
- Customs vow to surpass N1tn performance this year
- External reserves hit four-year high at $40.4bn – CBN
- Bank loans, collateral to rise in Q1 –CBN
- Web hosting: Nigeria risks losing N21.8bn to other nations
- Nigerian banks stop ATM cash withdrawal abroad
- Naira to hit 360/dollar at investors’ forex market
- Activity expands in Nigeria, others on increased demand
- Economic growth should reflect in consumers’ welfare – LCCI
- Debut N10.69bn sovereign green bond oversubscribed – DMO
- Oil industry: PIB tops stakeholders’ concerns
- China EXIM Bank, firm to fund NigComSat’s $550m satellites
- Naira closes at 363/dollar after new year break
- Tin Can records 150% increase in agro exports
- Nigeria’s monthly oil export to US rises by 56% Published January 3, 2018
- Manufacturers, others now have reliable access to forex – Report
- FG must implement capital expenditure –Ex-Rep
- Intensify fight against corruption, forensic auditors urge FG
- Nigeria licenses three new Free Trade Zones worth $2.751 billion
- Foreign debt servicing gulped $197.29m in Q3 – DMO
- Global stock markets grow by $12.4tn in 2017 – S&P
- NGO demands explanation from Adeosun on $5.5bn foreign loan
- Foreign debt servicing gulped $197.29m in Q3 – DMO
- DSO: Nigeria to gain N900bn, says NBC DG
- JPMorgan fined $2.8m for improper safeguarding of Nigerian securities
- Buhari inaugurates Nigeria’s first inland dry port Thursday
- Banks set up fund to fight e-fraud
- SEC, IST move to check market abuses
- Nigeria’s economy built on weak production arrangement – Aregbesola
- Stocks end two-day losses, gain N54bn
- NSIA plans massive investment in infrastructure
- Oil sector fiscal terms unattractive to investors – NNRC
- $1.3bn Malabu scam: Shell, Eni to face trial in Italy
- Embrace forensic audit to eradicate corruption, auditors tell FG
- NCC, CBN seek to curb financial frauds
- Reserves hit $38.2b as FDI crosses $10 billion
- How Nigeria, others, will benefit from Microsoft’s $50m for climate change
- Dangote/BUA rift: Edo shuts Obu mines
- Fuel scarcity: Marketers blame supply shortfall, motorists groan
- For manufacturing sector, recession continues
- Senate summons DMO, GE over $27.9m power project spending
- FG to earn N23bn from VAIDS before year end – Fowler
- FG to issue N10.69bn Green Bonds to finance budget
- FG to repay N198bn Treasury bills
- Nigeria on course to economic recovery, says Osinbajo
- CBN injects $210m into forex market
- Oil price jumps above $65
- Addax plans $5bn investment in Nigeria
- CITN moves to boost tax payment
- Senate pledges to support Nigeria’s electricity market
- FG to release additional N750bn for capital projects
- Nigerian capital market issuances hit N1.55 trillion in September — SEC
- Capital market operators seek single license from CBN, SEC
- Insurance college, foreign bodies collaborate on development
- CBN’ll use BVN to blacklist loan defaulters –Emefiele
- Fitch cuts Nigeria’s GDP growth forecast to 1%
- FG signs Bilateral Air Service Agreement with UAE
- We’ll complete Egina project for $16bn – Total
- Financial system key to economic growth, says Emefiele
- Moody’s identifies constraints, strengths to Nigeria’s credit profile
- Electrification: REA to fund 75℅ of rural projects
- Petrolex plans $3.6bn oil refinery for Ogun
- W’Bank Board to consider $1bn for Nigeria’s power sector
- W’Bank gives Nigeria N107.4bn loan for rural electrification
- Reps order probe of finance minister, Gwarzo’s controversy
- W’Bank gives Nigeria N107.4bn loan for rural electrification
- No Plan to Increase Fuel Price – NNPC
- CBN weakens naira to 307/dollar for first time
- Nigeria’s balance sheet remains exposed to further shocks – Moody’s
- Nigeria may adjust budget projection as OPEC caps country’s oil output
- N5.3bn fraud: Court orders arrest of ex-Enugu gov, Nnamani
- Conglomerates contribute 79.9% of equities’ volume turnover
- CBN, FIRS, others meet on FSS 2020
- Why we are phasing $5.5bn foreign borrowing- DMO
- Tax amnesty:FG gets N33.6bn from two firms
- FIRS hits 79.35 per cent of 2017 collection target in 10 months – Fowler
- Nigeria’s capital importation hits $4 billion in third quarter of 2017 – NBS
- NSE market capitalisation improves by N89 billion
- FG opts against $550m Chinese loan for communications satellites
- FG reviewing companies’ tax profiles, says Adeosun
- CBN sacked bank directors over non-performing loans – NDIC
- ACCI allays fears over FG’s $5.5b Eurobond external loan
- ‘Africans investing in Africa, only way to salvage continent’
- CBN releases $288m as naira weakens to 364/dollar
- 28 stocks boost equities’ appreciation by N28bn
- Discrepancies in revenue figures force FAAC meeting postponement
- NBS to use TSA for tourism statistics
- DPR warns illegal cooking gas, lubricant operators
- FG announces prices for $3bn Eurobond
- Boroffice links low GDP to poor research funding
- FG excited as GDP grows by 1.4%
- UN urges Nigeria, others to fast-track CFTA implementation
- NSE identifies risk elements of derivatives, CCP transactions
- ‘Nigeria earned N69.2bn from solid minerals in one year’
- NBS to release Q3 growth data as MPC meets today
- NNPC, Chevron sign final phase of $1.7bn deal
- Inflation drops for ninth consecutive month to 15.91%
- ERGP: FG to hire Malaysian economic experts for N458m
- $5.5bn borrowing: FG meets global investors in US Friday
- Nigeria’s oil sales suffer, US exports rise
- 2018 budget: Ex-House committee leader canvasses deficit reduction
- Naira closes flat, CBN injects $195m into FX market
- Release more funds for capital projects, group tells FG
- Banks weigh recapitalisation options as pressure mounts
- Lagos fair ends, stakeholders predict better future
- Stocks: Analysts envisage buy sentiment as week opens
- Construction firms asks FIRS to refund N36bn excess tax
- Intervention funds meant to boost economic growth –Emefiele
- Budget: N2tn debt service provision unsustainable, says LCCI
- FG woos investors to N4.8bn truck transit parks
- Nigeria, two others drive world gas reserves higher
- Ondo, NNPC sign MoU on biofuel plant
- Nigeria jumps 24 places in ease of doing business …Buhari, Osinbajo applaud ranking
- N797bn VAT revenue recorded in 10 months – Adeosun
- Oil price rises to $61 per barrel
- Fraud: NSE summons Ogiemwonyi, Ojo, others
- Rising foreign loans risky for exchange rate – IMF
- CBN rules out naira fall as external reserves hit $34bn
- IMF wants Nigeria to stop tax holidays
- Naira closes at 363/dollar, CBN sells forex to manufacturers, airlines
- Recoveries from whistle-blower policy exceeded our expectations – Adeosun
- FEC approves draft 2018 Appropriation Bill
- Naira trades flat at 363/dollar
- Don’t expect commodity shake-up next year, W’Bank tells Nigeria
- Legacy debts account for $3bn of $5.5bn foreign loans –Adeosun
- Nigeria’s GDP records decline in Q3, Q4 2016
- Buhari rejects same currency for West Africa
- We’ll comply with govt’s directive on TSA – Intels
- 2017 budget: Reps raise concerns over 15% capital releases
- BVN court ruling: Bank heads to meet, Nigerians in diaspora kick
- Oil prices to rise above $60 on tightening supply, strong demand
- Budget: FG to spend N1.16tn more in 2018
- Nigerians may repay $5.5bn loan for 30 years, says FG
- Johannesburg Stock Exchange suspends trading on Oando shares
- FG cautioned on granting long-term tax incentives
- Interbank lending rate drops to 20% amid cash squeeze
- Electricity tariff shortfall hits N460bn
- IMF warns Nigeria, others over rising foreign debts
- OPEC, allies regain control over oil market
- CBN forex supply hits $390m in one week
- FG needs $16bn for deep seaports, rail, others – Amaechi
- Stop surcharge on mutilated, dirty notes, Reps tell CBN
- CBN to blacklist exporters for non-repatriation of proceeds
- Investors gain N143bn as 31 stocks appreciate
- Buhari appoints new CBN deputy governor, MPC members
- North Korea tension a threat to Asian growth, says World Bank
- FG getting ready for Ajaokuta second concession
- NAMA plans automation of accounting system
- Equities shed N45bn, Lafarge dumps Ernst & Young
- Lagos, FCT, Delta owe domestic creditors N683.16bn
- CBN sells $195m, naira closes at 364/dollar
- Stock market recovering, says Orekoya
- US buys $2.7bn Nigerian crude in six months
- Tokyo stocks close lower on US-NorthKorea woes
- Nigeria’s crude oil over-subscribed, says NNPC
- Foreign debt payment to gulp $11.62bn in 10 years – DMO
- Growing electric vehicle adoption threatens Nigeria’s oil exports
- Pass bills that’ll be impactful on economy, Elumelu tells N’Assembly
- Top US investors eye Nigeria’s technology industry
- NPDC to raise crude output to 500,000bpd by 2020
- Oil price hits 26-month high, nears $59
- Naira records marginal gain, closes at 366/dollar
- 23 states exceeded borrowing limits– FRC
- Dollar extends yen gains in Asia as Fed, BoJ diverge
- Oil price rises to $57 per barrel
- CBN funding of FG excessive, says Salami
- Minister affirms Federal Government’s commitment to economic recovery, growth plan
- NSE’s All-share index down by 0.07 per cent
- Capital market fraud: SEC bans Ogiemwonyi for life
- Insider abuse: CBN probing bank directors, says Emefiele
- FIRS generates N2.5tn from taxes in eight months
- CBN to punish banks for forex infractions
- Naira drops to 369, market anticipates dollar supply
- Illegal dollar evacuation to Dubai threatening naira – Gwadabe
- FG’s N720bn debt threatens oil workers’ jobs
- N’Assembly will get 2018 budget next month – Enang
- FG begins sale of N100bn debut sovereign sukuk
- FG lost N70bn to failed banks – Accountant-general
- Equities appreciate by N70bn despite 22 losers
- NNPC to shut refineries for maintenance
- S’Africa’s stocks, rand tumble
- Naira weakens to 367/dollar
- Stakeholders flay FG over idle $100m cabotage fund
- Tax reform, flexible exchange vital to economic growth –Report
- FG to spend N100bn Sukuk fund on road infrastructure – DMO
- FG, states borrow N7.51tn under Buhari
- Telecoms sector adds N1.5tn to GDP, says NCC
- Naira may depreciate on dollar shortage
- Get technocrats to manage economy, group tells Buhari
- FG okays N20bn for export claims settlement
- FG offers tax holidays, duty waivers to mining investors
- Budget: FG targets N100bn from Islamic bond, sukuk
- Naira closes at 365/dollar despite CBN interventions
- Global air freight rises by 11.4% – IATA
- Buhari, economists, others caution against celebrating Nigeria’s exit from recession
- CBN injects fresh $250m to lift naira
- Nigeria’s exit from recession: GDP growth weak, dependent on oil sector – Economists
- Exit from recession fails to lift stocks
- FIRS generates N2.11tn revenue in seven months
- DMO sets borrowing limit for FG at $22bn
- Adeosun confirms N350bn release for capital projects
- Oil industry stakeholders await Egina FPSO integration
- Solid minerals, key to economic diversification – Stakeholders
- Importers seek completion of Lagos port truck park
- FG begins probe of contractors’ tax records
- Naira records marginal gain, closes at 368/dollar
- Oil marketers threaten mass sacking over $2bn debt
- BoI approves N5bn intervention fund for miners
- How Nigeria can attract huge investment, by SBM chief, others
- Exchange rate: Foreign airlines raise fares
- 98% of documents in crude sale transactions fake — NNPC
- Naira closes at 370 as dollar supply declines
- Experts advocate single-market rate to stem falling naira
- FIRS shuts MRS Oil over N497m tax debt
- Nigeria’s gas production rises as Shell completes project
- Recession self-inflicted, Utomi, Soludo insist
- SEC, NSE want legal firms listed on capital market
- Investment inflow into Nigeria rises by 95% to $1.7bn –NBS
- Govt revenue declined by N183.2bn in July
- Equities market appreciates by 1.03%, 21 gainers emerge
- Nigeria loses N610bn annually to agencies’ biometric duplication
- Business, career growth initiatives to explore
- FIRS moves to combat tax evasion
- CBN boosts FX market with $195m
- Naira reverses gain, closes at 370/dollar
- Forex: 700 BDCs under threat over low patronage
- TSA: FG begins audit of banks’ remittances to CBN
- Poultry sector starves as Nigeria exports grains
- Naira to weaken further as dollar demand increases
- Trump, the businessman president, loses CEO support
- CBN injects $364m into inter-bank forex market
- CBN joins NPA, NIMASA’s port charges to forex window
- Stocks fall by N294bn, near two-week low
- Naira drops to 370 on lack of dollar supply
- Tax harmonisation crucial for business survival —Adeyemi
- Stocks slide by N86bn, ChamsAccess promises better returns
- DMO’ll support FG to bridge revenue, expenditure gap – Oniha
- Stakeholders advocate involvement of MFBs to tackle kerosene scarcity
- Financial Market Watch..for the week ended August 11, 2017
- Bankers Committee inaugurates panel on N26bn SME fund
- N’Assembly will get 2018 budget in October, FG insists
- Nigeria, US, Libya’s rising oil output threaten prices
- External reserves hit over two-year high at $31.2bn
- FG approves MTEF, targets 7% growth by 2020
- Nigeria records less than 0.5 per cent oil savings in 11 years
- FEC gives the go-ahead to ICT university
- Nigeria no longer dumping ground for foreign products – Osinbajo
- Investor warns of looming global market crash
- CBN boosts FX market with $195m
- NEPC targets Diaspora Nigerians to grow non-oil exports
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- E-payment: CBN urges banks, others to avoid penalty
- Naira reverses gain, closes at 363/dollar
- We’re profiling rich Nigerians for tax payment – Adeosun
- AMCON, EFCC collaborate to recover N4.6tn debts
- NNPC, Shell Chevron sign financing deals
- 26 stocks appreciate, market gains N79bn
- Stocks gain 37.32% year-to-date
- FG grants tax holiday to 27 industries
- Analysts react as IMF says threats to Nigeria’s economic recovery high
- NBCC charts pathway to boost trade, investment in Nigeria
- We have capacity to meet local demand — PAN
- FG seals pact with three firms on sugar production
- 55% of VAT revenue generated from Lagos –Adeosun
- Nigeria looks to rice for economic recovery
- Lamorde cautions travellers on use of credit card for air tickets
- Ambode promises business-friendly policies
- eTranzact records 20% growth in 2016
- Okonkwo rededicates bank to economic goals, emerges chamber’s VP
- Oil prices rise as dollar continues slide against the yen
- Financial reports: CBN directs banks to implement IFRS9
- Host communities to participate in oil block allocations under new policy
- Dollar struggles, Asia markets buoyed as US rate prospects recede
- FG plans N7.9tn budget for 2018
- Stocks: Foreign investments rise by 59.8% in one year
- MDAs owe N115bn in tax liabilities – RMAFC
- Transfer $3.95bn oil savings to SWF, NEITI advises FG
- Comply with VAIDS or face sanctions, SEC warns players Published July 26, 2017
- Agriculture, entrepreneurship’ll create jobs in Africa, says Elumelu
- N6bn capital raising’ll boost productivity –Fidson
- FAAC allocates N652bn to FG, states, LGs
- Nigeria needs strong fiscal, monetary policies to exit recession – CBN
- Nigeria agrees to 1.8mbpd oil output
- CBN sells $195m ahead of MPC decisions
- Zero oil revenue days fast approaching, says Osinbajo
- TSA fund: FG serves forfeiture order on banks
- Dollar faces fresh pressure while most Asia markets edge up
- International trade picks up on CBN dollar supply
- Why CBN can’t cut interest rate now – Emefiele
- Cash crunch hits banks as CBN mops up naira
- Britain to invest in Nigeria’s oil pipelines, others
- Survival strategies for small businesses in hostile environment
- TSA: Lenders kick as court orders seven banks to remit $793.2m to FG
- Nigerian stockbrokers to begin trading in UK, others
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- Stakeholders strategise to fast-track implementation of NIRP agenda
- Asia, Europe track Wall St records, dollar under pressure
- It’s difficult for investors to come to Nigeria – Kachikwu
- Nigeria’s debt rose by N4.76tn in 2016 – DMO
- Lagos oilfield dispute worsens, another investor heads for court
- W’Bank creates $1bn fund for women entrepreneurs
- Reps worry over $5bn for fuelling generators
- FIRS generates N1.78tn in six months, targets N1.8tn
- Nigeria’s oil revenue savings among lowest globally – NEITI
- NSE market capitalisation grows by N117 bn in one day
- How to make manufacturing sector contribute to the economy
- FIRS shuts four firms over N630m tax debt
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- NPA can’t account for 282 vessels – Senate panel
- Nigeria’s investment rate ranks below peers — PwC
- Nigerian inflation rate declines to 13-month low
- Stocks: CBN special forex window attracts N2.715tn investments
- Eight reasons to regularly review your bank statement
- FG can’t borrow any more – Finance minister
- How DMO paid N4.8tr servicing domestic debt interest in five years
- Market information gap threatens $400 billion intra-Africa trade’
- Trade hits $3.8bn at I&E window, CBN sells $142m
- How FG spent $4.8bn foreign loans in two years
- Naira to remain steady on CBN dollar supply
- FG begins voluntary tax compliance campaign
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- Diesel price drops to N155/litre, says NNPC
- CBN issues N32bn debt to tighten liquidity
- Ecobank to provide forex for SMEs
- 5 investments in the digital space that will yield billions in 2017
- High interest rates: Senate panel plans talks with FG
- $1.2bn loan: GTBank, Access, others get 45% stake in Etisalat
- FG gives marching orders to revenue agencies on N5.08trn for 2017 budget
- Nigeria’s daily FX turnover hits $80m, says FMDQ
- Investors gain N110bn as 28 stocks rise
- Recession offers opportunity for companies to grow –Moweta
- Budget: FG to release N350bn for capital projects
- Nigeria’s N19tn debt portends danger for economy – Experts
- Diesel price has fallen by 42%, says NNPC
- CBN to mop up N200bn from circulation
- Naira to gain further on stock purchases –Analysts
- Transactions on FX investor window hit $2.2bn – CBN
- Inflation rate drops from 17.24% to 16.25% – NBS
- Oil falls to $46, Nigerian cargoes face competition
- Naira closes at 364/dollar, CBN plans N133bn TB sale
- Stocks soar by 1.38%, 37 gainers emerge
- CBN’s regular intervention in fx market inevitable says-Ajibola
- Nigerian economy not being properly managed – Group
- Senate passes petroleum governance bill 14 years after APC NUPENG PENGASSAN hail passage
- Opec others extend oil output cuts Nigeria exempted
- OPEC deal: Nigeria not opposed to cutting production – Kachikwu
- Blame private sector for maritime industrys failure- Amaechi
- Naira rebounds, closes at 380/dollar
- Naira drops to 381/dollar despite CBN’s $205m offer
- Dollar shortage: Moody’s says Nigeria’s recovery may take time
- Nigeria gets $29bn from shell JVS in four years
- Rewane predicts effective exchange rate
- 2017 budget: Economic team considers funding options
- Naira closes at 386/dollar despite CBN’s $457m injection
- IMF, CBN differ on Nigeria’s economic outlook
- Nigerian oil sales slow as uncertainty surrounds DSDP
- Naira hits 400/dollar on CBN’s investors FX window
- Criteria obtaining microfinance bank loan
- Oil production wobbles as Forcados remains shut
- CBN boosts forex supply with $389m
- Sterling bank restates commitment to FX availability
- Forex stability excites buhari says-Emefiele
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- Customs revenue fell by N216.5bn in 2016-Ali
- CBN directs banks to diversify portfolios fund MSMES
- Farmers get N33bn from CBN’S anchor borrowers scheme
- Nigeria’s total debt now N17.5tn-NBS
- Nigeria May Lift Foreign-Currency Restrictions on 41 Imports
- Forex CBN bars16 banks from SME window
- Nigeria’s tax to GDP ratio unacceptably low – Adeosun
- World Bank blames Nigeria’s forex crisis on fixed exchange regime
- Naira may trade around 390/dollar amid CBN interventions
- 2017 Budget ready for presidents assent next week- Lawan
- We have enough dollars for end users says-CBN
- CBN offers $100m wholesale forward Naira closes N385/$
- Naira Watch:CBN auctions $185.86m Retail SMIS Naira stable N382/$
- Nigerian companies others must change business models-Otudeko
- Freight forwarders urge FG to float Naira
- Naira devaluation puts pressure on costs, says NB
- We’ll align economic policies to stimulate growth –Osinbajo
- Nigeria’ll be out of recession by third quarter – Emefiele
- Naira gains momentum, closes at 390/dollar
- CBN disburses $280m to SMEs, BDCs, others
- Nigeria needs reforms to prevent exchange rate crisis -W/Bank