World Bank shell out $13.63bn loans, grants to Nigeria

World Bank has shell out a total of $13.63bn in loans and grants to Nigeria as of March 31; a summary of the country’s...

You can now pay your tax online, says FIRS

The Federal Inland Revenue Service (FIRS) has announced that individuals and corporate organisations in the country can now file their tax returns online. This was...

Ericsson’s Rutger calls CBN, NCC, others attention to mobile money

President and Managing Director, Ericsson Nigeria, Rutger Reman, has advised stakeholders in the information communications (ICT) space in Nigeria to close ranks and ensure...

FG will recapitalise BoA to enable farmers access funds – Minister

The Federal Government says it will recapitalise Bank of Agriculture to the tune of N3tn in order to enable farmers in the country have...

CBN vow to sustain FX intervention as it releases fresh $418m

The Central Bank of Nigeria on yesterday vowed to sustain its intervention in the foreign exchange market to ensure liquidity in that segment of...

USD purchases increase interbank rate to 14.5 per cent

The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank accounts for debt purchases, draining...

Naira stands risk of getting worse if forex reserve is drained

A Don and Professor of Financial Economics in the University of Uyo, Awka Ibom State, Leo Ukpong, has warned that the Naira stands the...

Nigeria to earn N50bn annually from new lottery scheme – NLRC

The Federal Government is set to earn around N50bn annually from a new lottery scheme called NaijaBillionaire. Director-General, National Lottery Regulatory Commission, Mr. Adolphus Ekpe,...

FG clears N54 billion pension arrears

The Federal Government on Wednesday said it had cleared the inherited arrears of accrued pension benefits for the years 2014, 2015 and 2016 by...

NEXIM Bank grants Alibert products N1.2 billion loan

The Nigeria bank that deals with exportation and importation, Nigerian Export-Import Bank (NEXIM) has approved a sum of N1.2 billion loan to Alibert Products Nigeria...

‘Tell NNPC to remit $22bn, N316bn federation fund,’ NEITI to FG

Nigeria Extractive Industries Transparency Initiative on Tuesday called on the Federal Government to urgently recover the over $21.778bn and N316bn unremitted funds meant for...

Naira gains against USD supply, now 390/dollar

The naira recorded a gain against the United States dollar on the parallel market on Tuesday, a day after the Central Bank of Nigeria...

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