By Kayode Tokede Currency in circulation dropped by 1.8 per cent to N2.78trillion in February from N2.83trillion reported by Central Bank of Nigeria (CBN) in January 2021 Our correspondent gathered that currency in circulation in its Year-to-Year performance gained 27…
By Kayode Tokede The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 11 International Money Transfer Operators (IMTOs) in the country’s foreign exchange market. In the list of released by the CBN on Monday, only 47 IMTOs…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window depreciated by 0.03 per cent on Monday to close at N410.13 against the Dollar. The local currency also lost by 0.84per cent and 0.48…
By Kayode Tokede Ogun State Internal Revenue Service (OGIRS), has called on taxable adults in the State to file in their annual returns on income from all sources for the year 2020, in compliance with the provision of section 41…
By Kayode Tokede Afriland Properties Plc on Monday approved a total dividend of N68.69 million recommended by the company for the financial year ended Dec. 31, 2020. The dividend which translated to 5k per share was approved by the shareholders…
By Kayode Tokede The National Insurance Commission (NAICOM) has disclosed that the implementation of the Insurance industry’s corporate governance guidelines will take off on June 1, 2021. In a published notice on its website, NAICOM noted that the guidelines implored…
…Outlines relevance of digital economy By Kayode Tokede The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that it has raised the COVID-19 targeted facility for Small, and Medium Enterprises (SMEs) and households from N150billion to N300billion…
By Kayode Tokede The Central Bank of Nigeria (CBN) has said the foreign exchange reserves sustained its decline, as outflows from the reserves outstripped inflows. Thus, it dipped by $151.21 million Week-on-week (w/w) to $34.44 billion as at March 17,…
By Kayode Tokede Holidaymakers and visitors to the La Campagne Tropicana Beach Resort will get 20 per cent discount if they use Sterling Bank debit cards. The Bank and Nigeria’s top beach resort partnered to offer discounts on services every…
By Kayode Tokede Naira at the Investors & Exporters Foreign Exchange (I & E FX) window gained 0.02 per cent to close at N409.67 against the Dollar on Thursday. It also gained by 0.11 per cent at the I &…
