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PenCom Approves Using The RSA Balance For A Mortgage.
The Nigerian Pension Commission (PenCom) has declared that pension contributors who are currently employed are now…
According To AfDB, Nigeria Needs Assistance To Reduce Its Debt Burden.
Economic and financial experts have expressed grave concerns about Nigeria's soaring debt load; which has posed a…
Buhari Claims That The Nigerian Economy Is Ready For Further Investment.
Buhari praised the Nigerian military for making great strides in the battle against insecurity; and for generating…
Nigeria Seeks OECD Membership To Increase Seed Exports.
Plans have been in place by Nigeria's National Agricultural Seeds Council (NASCC); to admit Nigeria as a full…
Nigerian Banks Are Faced With Difficulties Due To Currency Crisis, Inflation and…
According to Fitch, Nigerian banks would undoubtedly be influence by the naira's persistent depreciation.…
Nigeria Surpasses Kenya To Retake The Top Spot In Africa For Cryptocurrency…
Nigeria has reclaimed the top spot in Africa for crypto adoption, now coming in at #11 globally with an adoption…
Top 10 Nigerian Banks By e-business Revenue In 2022.
Revenue from electronic channels, card products, and related services are all included in e-business income. Thus,…
Lagos Is The Fourth-Richest City In Africa.
In 2021, Nigeria was regarded as the largest economy in Africa. However, due to the enormous population of over…
The NCC Plans To Generate N500billion From 5G Spectrum Sales By 2023.
The auctioning of two 5G spectrums in 2023 is expected to bring in N500 billion for the federal govt, according to…
Nigerian Petrol Suppliers Are Closing Down For Green Energy.
Due to a demand for green energy, the majority of refineries supplying Premium Motor Spirit to Nigeria are ceasing…
According To NNPC, Nigerians Will Not Face Fuel shortages.
According to the chief financial officer of NNPC Ltd. In Abuja, the Corporation has taken steps to maintain the…
CBN: RT200 Strategy Will Increase Exports Of Goods.
The CBN's RT200 FX program intends to generate $200 billion in forex profits from non-oil proceeds over the course…
MTN Launches 5G Network.
The fifth-generation, or 5G, technology is already accessible in Nigeria. The technology was commercially…
MTN Nigeria Plans To Issue A N100billion Bond To Pay For Operating Capital.
Under its new N200 billion bond issuance program, MTN Nigeria Plc intends to issue up to N100 billion in series 1…
The National Assembly Will Receive Buhari’s N19.76trillion Appropriations…
During the inspection of the continuing rehabilitation work on the green chamber and the construction of the…
Nigeria Bank Deposits Increased by 24% To N42trillion.
From N33.85 trillion at the end of June 2021 to N42. 03 trillion in the same time of 2022, the total deposits in…
Senate Opens An Investigation Into Niger Delta Oil Theft.
Nigeria suffered significant financial losses as a result of the widespread theft of its crude oil; and it was…
Despite the currency and energy challenges, companies pay N1.25 trillion in taxes.
The Federal Government received N1.25 trillion in tax revenue from Nigerian businesses in the first half of 2022,…
Aviation Workers Issue 14-day Ultimatum.
A coalition of unions representing aviation employees has vowed to go forward with an industrial strike; within…
Oil Exploration In Nigeria Begins To Decline As Rig Count Falls.
The global upstream sector of the petroleum industry (OPEC) uses the rig count; as a key indicator of exploration…
Senate, Minister Diverge On The N12.43trillion Budget Deficit For 2023.
The committee was informed by the finance minister during an interactive session that the planned N19. 76 trillion…
Pension Withdrawals Increase By 17% To N6.6billion.
Due to difficulties caused by job loss, cash withdrawals from pension contributions by laid-offoff employees…
More Nigerians Move Abroad, And Passport Issuance Climbs By 38%.
Nigerians leaving the nation have reportedly resigned from their positions in numerous local banks; in order to…
Despite Ukraine Crisis, Nigeria’s Imports From Russia Increased By 143%.
Nigeria imported N6.27 billion in herrings and N2.77 billion in blue whiting from Russia in Q1 2022, and N13. 39…
Nigeria’s Cinema Records N378m Revenue In August.
According to the Cinema Exhibitors Association of Nigeria, the country's cinemas sold 378 million tickets in…
2,000 Mining Firms’ Taxes Are Being Recovered by the Nigeria FG.
According to PUNCH, the Federal Government collected N600 billion from Nigerian oil and gas corporations. This…
Kenyan Government Dismisses Case Against Nigerian Tech Firms Accused Of Financial…
Three Nigerian tech firms doing business in Kenya were the targets of allegations of money laundering by Kenya's …
$265million In Promised Airline Funds Remain Unpaid By FG.
Out of the N465 million owing to international airlines operating in the nation, the federal government has not…
The Insurance Industry Experiences A 17.28% Q2 Growth.
Using data from the National Bureau of Statistics' second quarter 2022 Gross Domestic Product report, it can be…
We Invested $7.6billion In The Forex Market- CBN.
The CBN said that in January and February, respectively, it invested $1.65 billion and $1. 39 billion in the…