FAAC Distribution Short of States’ Needs
The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N716bn…
Category: Local
Flutterwave raises $35 million to expand operations
Nigerian payment firm, Flutterwave has disclosed its expansion plans to Francophone and northern Africa as it raises a $35 million…
Nigeria among top gainers as UK-Africa summit yields £6.5bn deals, £1.5bn aid
The UK-Africa investment summit which was held in London has yielded business deals of about £6.5 billion with Nigeria among…
FG excludes tuition fees, basic food items, others from 7.5% VAT
The Federal Government (FG) has exempted about 20 basic food items and some other transactions/items from the new 7.5% Value…
Customers Slam GTBank Over Several Hours Of Downtime
Nigerian multinational financial institution Guaranty Trust Bank plc also known as GTBank is currently having network issues and customers have…
How CBN Can Devalue Naira By 5 – 10 % – Analysts
The Central Bank of Nigeria (CBN) could devalue the Naira between 5-10% in 2020, according to analysts at EGM Hermes.…