Banking & Finance
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52Coordinated Reforms Stabilising Naira, Slashing Lending Rates –CBN
The Central Bank of Nigeria (CBN) on Thursday stated that its ongoing policy tightening and structural reforms are beginning to filter through...
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95Banks’ Deposit with Central Bank of Nigeria Soars to ₦48.40tr
The Nigerian banking sector’s deposits with the Central Bank surged by 154 per cent, reaching N48.40 trillion in the second quarter of...
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60NIBSS NIP Becomes Africa’s First ‘Mature’ Instant Payment System
Nigeria has achieved a major victory on the continental stage as the NIBSS Instant Payment (NIP) platform was declared Africa’s first Instant...
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35Foreign Reserves Surge to 7-Year High of $46.7b –CBN
Nigeria’s foreign-exchange reserves have climbed to their highest level in seven years, buoyed by renewed investor confidence, stronger oil receipts and sustained...
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112Nearly $3b Spent on Eurobond Debt Servicing Under Tinubu
The Federal Government has spent about $2.93bn servicing Eurobond debt across eight quarters under President Bola Tinubu, according to an analysis of...
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107FG Exceeds 2025 Borrowing Target by 55.6%
The Federal Government (FG) has borrowed N17.36 trillion from domestic and foreign sources in the first 10 months of this year. This...
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89
Nigeria’s $2.35bn Eurobond Oversubscribed By $10.65b
Nigeria’s return to the international capital market defied political headwinds yesterday, as its $2.35 billion Eurobond issuance attracted orders worth $13 billion,...
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116FG, Banks Push for $20b Diaspora Funds
The Federal Government, through the Nigerians in Diaspora Commission, alongside leading banks and private sector investors, has launched a fresh push to...
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116FG Unveils 50 Tax Exemptions, Reliefs to Cushion New Fiscal Reforms Impact
As part of its ongoing fiscal policy reforms aimed at easing the burden on low-income earners and boosting business competitiveness, the Presidential...
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103Oyedele: Low-income Earners, SMEs to Reap Benefits of Tax Reforms Effective January
Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the new tax laws will provide several reliefs and exemptions...
