Posts By FinIntell
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101Industry & MoneyLagos-Kano Rail Line Ready for Freight Operations in June –FG
The federal government said freight services may soon commence operations on the Lagos- Kano narrow gauge rail line in June 2024. This...
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126Industry & MoneyParliament Probes Procurement Process of Lagos-Calabar Coastal Highway Project
The House of Representatives has ordered an investigation into the procurement process and the award of contract for the Lagos-Calabar Coastal Highway....
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153Banking & FinanceCentral Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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100Foreign NewsIMF Lauds CBN’s Bank Recapitalisation Policy, Projects 24% Inflation by Year-end
The International Monetary Fund (IMF) has commended the move by the Central Bank of Nigeria (CBN) to increase the minimum capital for...
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147Money MarketSEC Issues New Rules on Issuance, Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC) has exposed new rules on issuance and allotment by private companies securities declaring that any person...
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162Business NewsDebt Service Gulps 70% of Dollar Outflow in Q1
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the...
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140Stock MarketBargain Hunting Spurs Mild Gain at the Exchange
EQUITIES The local bourse edged higher in today’s trading session as buying interest in GTCO (+5.3%) supported market performance. Thus, the All-Share Index...
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247Local NewsLagos Rakes in ₦3.9b from Oil Derivation Payouts
Lagos State Government yesterday disclosed that the sum of N3.911 billion was realised since it became an oil producing state. It also...
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116Banking & Finance‘Cybersecurity Levy Adds Burden on Businesses, Unjustifiable’
The Lagos Chamber of Commerce and Industry (LCCI) has said that the directive by the Central Bank of Nigeria (CBN) imposing a...
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104Local NewsTax Panel Proposes VAT Removal on Food, Education, Healthcare
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has revealed that his committee will be proposing...
