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Finance

Latest Finance News

New VAT Rate: FEC approves 7.2%

The Federal Executive Council on Wednesday approved a 7.2% new VAT rate

El-Rufai To Approach World Bank For N127.2bn Loan

Gabriel Saleh Zock, a member of the House of Representatives representing Kachia

We know nothing about N2.2bn Ruga budget – Senate counters Presidency

The Senate has on Sunday faulted the claims by the Senior Special

World Bank net commitment to Nigeria hits $11bn — country director

Mr Rachid Benmessaoud, Country Director, World Bank Group, says the bank’s net

Nigerians berate FG’s plans to charge 5% VAT on all online transactions

Some displeased Nigerians after taken to social media to air their opinion

China halts purchase of U.S. farm products in response to new tariffs

China has asked its companies to stop purchasing U.S. farm products in

2019 budget faces fresh hurdle as oil price falls below $60 benchmark

The 2019 budget, which was signed by President Muhammadu Buhari in May,

It’s a big shame Nigeria is net importer of petroleum products – NNPC boss

Malam Mele Kyari, the Group Managing Director of NNPC, says it  is

‘N8.2tr revenue target by FIRS, a mirage?’

The Federal Inland Revenue Service (FIRS) is the main agency of the

Lekki Toll: 18 staff arrested, 32 under investigation over fraudulent acts

The management of Lekki Concession Company (LCC), the body in charge of

To revitalise Zamfara’s economy, Gov Matawalle signs $1bn MoU with Afreximbank

Gov. Bello Matawalle of Zamfara, has signed a One billion US dollar

LG autonomy: Plateau Govt yet to abolish joint account

Plateau Government is yet to abolish joint account for local government councils

CBN injects $284.2m, 36m Chinese yuan into retail secondary market

The Central Bank of Nigeria (CBN) has injected 284.2 million dollars in

Ministers, Senators, others owing FG N5tn – AMCON

The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Ahmed

CBN injects $210m into interbank Forex Market

The Nigerian Inter-bank foreign exchange market received another boost of 210 million

Borrow money to repair nation’s refineries — Ex-CBN director urges FG

Dr Titus Okurounmu, former Director, Budget Department of Central Bank of Nigeria

Naira gains marginally against dollar at parallel market

The Naira on Thursday gained marginally to the dollar at the parallel

Osinbajo hosts London Stock Exchange Africa Advisory Group

Vice President Yemi Osinbajo on Wednesday at the Presidential Villa, Abuja, met

Nigeria’s total debt stock rise to N24.9 tn in Q1, 2019

Nigeria’s total public debt rose to N24.947 trillion as at March 31,

Nigeria’s debt profile jumps by N560 billion in three months

The Debt Management Office (DMO) has disclosed that Nigeria's debt profile increased

BMO commends Buhari for signing AfCFTA

The Buhari Media Organization (BMO) has commended President Muhammadu Buhari for signing

Despite NFIU warnings, Zamfara government withholds allocation of local government councils

The Zamfara State government, under the leadership of governor Bello Matawalle, is

Naira closes at N359.3 to dollar at parallel market

The Naira on Monday traded at N359.3 to the dollar at the

44 Nigerian tech startups raise $110.9m funding in six months

2019 has so far been a fulfilling year for tech start-ups in

NNPC settles $833.57m Cash-Call Arrears to Mobil

The Nigerian National Petroleum Corporation (NNPC) says it has fully settled the

ECOWAS adopts ECO as name of single currency

The Authority of ECOWAS Heads of State and Government on Saturday adopted

Forex Intervention: CBN injects $242m, 32.3m CNY into retail market

The Central Bank of Nigeria (CBN) on Friday injected the sum of

Local Government Autonomy: NFIU Begins Monitoring of State, Councils’ Bank Accounts

The Nigerian Financial Intelligence Unit (NFIU) has begun surveillance of local government transactions

Renewable Energy: EU to invest in entrepreneurial ideas in Nigeria

The European Union (EU) is set to invest in entrepreneurial ideas that

Give us loans at 1% interest rate, governors beg World Bank

The Nigeria Governors Forum (NGF) has appealed to the World Bank to provide