‘Nigeria’s External Reserves Grow by $409m’, CBN data reveals
Nigeria’s external reserves returned to a growth path as it gained $409m in two weeks, data from the Central Bank of Nigeria disclosed on Monday. According to the CBN’s figures…
[DOWNLOAD] FIRS Churns out Guidelines For NGOs on Payment of Taxes!
The Federal Inland Revenue Service, FIRS, has released guidelines for payment of taxes by Non-governmental Organizations, NGOs. FIRS, in Notice made available to TheNigeriaLawyer, said all NGOs are expected to…
Telcos move to end USSD Services To Banks Over N42b Debt
Telecom operators in Nigeria on Friday announced that they will stop the use of Unstructured Supplementary Service Data (USSD) by banks and other financial institutions in the country by Monday.…
“Nigeria loses whooping $10bn to illicit financial flow” – ICPC
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says Nigeria accounts for 20 per cent or 10 billion dollars (N3.8 trillion) of the estimated 50 billion dollars that…
FCMB prioritises SMEs, extends financial support to over 15,000 women
First City Monument Bank, a foremost financial services provider in Nigeria, has continue her aggressive drive and support for the Small and Medium Enterprises sector in the country. The bank,…
Lagos plans to secure N193.5bn loan to Partially Fund Its 2021 Budget
The Lagos State Government has announced plans to raise N193.5 billion through domestic and international loans, to partially fund its N1.164 trillion budget in 2021. The city’s Commissioner for Economic…
You can now recover all your unclaimed dividends as a shareholder! See how..
With newly introduced plans by the Federal Government of Nigeria to borrow monies from unclaimed dividends as well as dormant bank accounts within the financial sectors in the country, it…
FGN, CBN may soon introduce new regulations for Cryptocurrency trading
Cryptocurrency adoption is on the rise in Nigeria. More people are now making transactions, investing and transferring funds with it. In May, Arcade Research ranked Nigeria fifth globally, with about…
‘Nigeria’s public debt hits N28.63trillion in 2020’ – NBS
Nigeria’s total public debt portfolio, all the states and the federal government inclusive, stood at N28.63 trillion as at March 31 this year. According to the Nigerian Domestic and Foreign…
CDD expresses concerns over FGN’s revised Budget, slash in Health Care budget
The Centre for Democracy and Development (CDD), a think tank organization working towards enhancing sustainability of democracy and development in West Africa, has been monitoring and evaluating the federal government’s…