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Finance

Latest Finance News

CBN Removes N379/$1 Exchange Rate from Website

The Central Bank of Nigeria (CBN) on Friday removed the exchange rate

2Baba, Chike to Perform as NGX Group Launches The Stock Africa Is Made Of

Award-winning singer, songwriter and producer Innocent ‘2Baba’ Idibia on Tuesday, 18 May

Bank Deposits Rose by N6.95tn In One Year – CBN

The Central Bank of Nigeria on Thursday said that deposits rose by

UK Will Likely Need to Issue A Digital Currency, Says BoE Deputy Governor

The Bank of England's deputy governor, Jon Cunliffe, has said that a

Bitcoin Loses Over $120.78b in 24 Hours – Elon Musk

CEO of Tesla, Elon Musk, said that the bitcoin lost more than

Data, Mobile Money Push Airtel Africa Q4 Profit To $154m

Chief Executive Officer, Airtel Africa, Raghunath Mandava, said that its Africa’s operation

Report Raises Hope on Nigeria’s Dwindling Oil Revenue

Nigeria’s oil revenue profile is set to witness a steady rise as

Mutual Funds Grew By 50% To N1.57trn in 2020

Coronation Asset Management Limited, yesterday announced a 50 per cent rapid growth

Company Income Tax Increases by N97.05bn In Q1, 2021 ― Report

The National Bureau of Statistics (NBS), on Wednesday says N392.77 billion was

Edo Shut Down 150 Businesses Over Tax

Edo Internal Revenue Service (EIRS) said that it has closed down 150

Foreign Investors Pull Out N1.64tr From Stock Market Over Insecurity

Nigeria stock market due to prevailing insecurity, among other macroeconomic challenges continue

FG To Auction N150bn Bonds for Subscription in May – DMO

The Debt Management Office on Tuesday said that the Federal Government would

Nigeria’s Diaspora Remittances Will Rise To $22bn – Report

A rating Agency, Agusto Consulting Limited, on Tuesday projected that Nigeria’s diaspora

 E-payment Transactions Rise 82% To N66trn In Q1 2021

Nigeria Interbank Settlement System (NIBSS) said that the value of electronic payment

Real Estate, Power, 2 Others Attract $8.35 Billion In 3 Months

Nigerian Investment Promotion Commission (NIPC), in April said that the real estate,

13m Vehicles on Nigeria’s Roads Have No Insurance Cover – NIA

Chairman, Nigerian Insurers Association, NIA, Mr. Ganiyu Musa, on Thursday said that

MDAs Did Not Remit N3 Trillion to Consolidated Revenue Fund In 6 Years – Senate

Chairman, Senate Committee on Finance, Senator Solomon Adeola (APC – Lagos), on

Dogecoin Gains Plummet After Elon Musk’s ‘SNL’ Hosting Gig

Meme-inspired cryptocurrency Dogecoin made a huge drop during Elon Musk’s appearance on Saturday

SEC Set to Register, Monitor Brokers Selling Stocks to Foreign Companies

Executive Commissioner Operations of the Securities and Exchange Commission (SEC), Mr. Dayo

FG Places ‘High-Profile’ Persons Under Watch For ‘Terrorism Financing’

Attorney General of the Federation and Minister of Justice, Abubakar Malami, has

#EndSARS: Insurance companies pay N4bn claims – NIA

The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as

Private Sector Recorded Growth in April – Report

Nigerian private sector was said to have improved by 2.9 percent in

CBN Extends Naira 4 Dollar Incentive for Diaspora Remittances

The Central Bank of Nigeria (CBN) has announced an extension to its

Heritage Bank, Dukia Gold to Boost Nigeria’s N300trn Gold Industry

In an effort to create new opportunities and boost Nigeria’s N300 trillion

BudgIT highlights corruption loopholes in budget process

BudgIT, a civic-tech non-profit organisation leading the advocacy for transparency and accountability

Osinbajo Advocates Knowledge-Based Regulation for Cryptocurrency

  Vice President Yemi Osinbajo says there is need to develop a

Cryptocurrency : SEC to Suspend Admittance of Persons Affected by CBN Circular

  The Securities and Exchange Commission (SEC) says it will put on

Probe ‘missing N4.4bn NASS funds’ – SERAP writes Lawan, Gbajabiamila

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President,

Money Laundering: US Court Sentences Bitcoin Exchange Owner To Prison

A Bulgarian national, Rossen G. Iossifov, who was convicted by a federal

Nigeria’s Public Debt Climbs To N32.2 trillion

The Debt Management Office (DMO) has announced that Nigeria’s public debt figure