By Olaleye Anuoluwapo-Abuja Naira at Investors & Exporters (I&E) Foreign Exchange window depreciated by 0.02 per cent on Monday to close at N414.40 against the dollar. The local currency at the specialized investors and exporters’ window also closed down by…
By Olaleye Anuoluwapo-Abuja Bonds, Treasury bills (T-Bills) instruments trade cautiously on Monday ahead of Central Bank of Nigeria’s primary market auction scheduled for the week, according to its calendar. The Central Bank of Nigeria (CBN) will conduct a T-Bill primary…
By Olaleye Anuoluwapo-Abuja The Nigeria Deposit Insurance Corporation (NDIC) has been consistent in its Corporate Social Responsibility (CSR) at the grassroots which has impacted positively on the lives of the people and communities it serves. This formed part of the remarks…
By Kayode Tokede With double-digit inflation rate, among other factors, a total of 10 banks Operating Expenses (OPEX) rose by seven per cent to N932.26billion in half year of 2021 (H1) as against N871.67billion in half year of 2020. Regulatory…
By Kayode Tokede Access, FCMB, Wema and other Deposit Money Banks bagged different awards at the 2021 edition of the DBN Service Awards. Justifying the need for the awards, MD/CEO of Development Bank of Nigeria (DBN) Plc, Tony Okpanachi, said…
By Kayode Tokede Stanbic IBTC Bank PLC, has rewarded 60 of its new and existing customers with the sum of N6m for the September draws in its Reward4Saving Promo where the bank’s customers are expected to win cash prizes worth…
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021. She made the disclosure on Friday in Abuja,…
Muhammad Nami, the Chairman of the Federal Inland Revenue Service (FIRS), has said that only 41 million pay taxes in Nigeria out of the over 200 million population in the country. Nami made the disclosure at the ‘Public Presentation and…
A University Lecture, Dr Elisha Auta, has advised President Muhammadu Buhari-led administration to invest more in the productive sector when implementing the 2022 budget, to drive the nation’s economy. Auta of the Department of Economics, Kaduna State University, gave the…
The Central Bank of Nigeria (CBN) has said the nation’s foreign reserves appreciated by $2.76 billion in the month of September 2021 to close at $36.78 billion as of the end of the month. This gain represents the highest monthly…
