IRS Is Sending More Than 2.8 Million Refunds To People Who Paid Taxes On…
Federal refunds are on the way to more than 2.8 million people who paid taxes on unemployment benefits that no…
Deutsche Bank Warns Of Global ‘Time Bomb’ Coming Due To Rising Inflation
Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the…
Banks Commence N6.98 USSD Charge, Customers Kick
Some banks have notified their customers that they will start charging them N6.98 for every USSD transactions.…
FX: Analysts Doubt CBN’s Adoption Of ‘Market-Determined’ Rates
Analysts at FBNQuest Research have said that they are not “convinced” by the Central Bank of Nigeria (CBN)’s pledge…
Dented By Jobs Miss, Dollar On Backfoot Ahead Of CPI
The dollar began the week on the defensive after being dented by a second batch of disappointing jobs…
Nigerian Government-Enforced Twitter Suspension Takes Effect
LAGOS, Nigeria (AP) — Millions of Nigerians were unable to access Twitter Saturday after the government enforced an…
#TwitterBan: Job Losses Loom, Economic Woes To Worsen, NESG, Experts Warn
Friday Olokor, Leke Baiyewu, Okechukwu Nnodim, Temitayo Jaiyeola, Amarachi Orjiude, Lesi Nwisagbo, Kariola…
ABCON Okays ‘Operation No Street Trading
The Association of Bureau De Change Operators has approved ‘Operation No Street Trading’ to stop the hawking…
El Salvador Will Adopt Bitcoin As Legal Tender, President Says
Atlanta (CNN Business)El Salvador could become the first county to adopt bitcoin as a legal tender, Salvadorian…
We’re Increasing Forex To Banks For SMEs, Travellers, Tuition
The Central Bank of Nigeria said it has concluded plans to increase the amount of foreign exchange allocated to…
Out Of Recession Into Stagflation
Amidst the counter accusations of money printing by the two Godwins, denial by the National Economic Council, and…
Twitter Ban: Nigeria’s Economy Declines By Over N2billion In One Day
The Nigerian economy may have declined by over 2billion Naira in just one day of Twitter ban.
This is if the…
Investors Scramble For Returns In Non-Conventional Properties
At a time when high-yield investment assets are scarce, the non-conventional property sector is taking centre stage…
FIRS Introduces Online Naira Tax-Filing Platforms
The Federal Inland Revenue Service (FIRS) has introduced a new Tax Administration Solution (TaxPro-Max) to ease tax…
Money Market Funds See More Inflows As Banking Reserves Surge
Money market funds and equities saw almost similar inflows, BofA’s latest fund flow statistics showed on Friday, in…
Nigeria To Save $3bn From Petroleum Imports Annually – Emefiele
The Central Bank Governor, Godwin Emefiele, has said that the country will save about $3bn from petroleum…
The Yuan Is Set To Weaken From Here, With Or Without PBOC
The yuan has had a fine run but the tide may be turning, even if the People’s Bank of China refrains from taking…
Local, Foreign Banks Invested $10b In Dangote Refinery – Emefiele
Nigerian banks and their foreign counterparts invested between $9 billion and $10 billion in the Dangote Refinery,…
Nigeria’s Suspension Of Our Operations Deeply Concerning – Twitter
Twitter has expressed “deep concern” over the federal government’s decision to suspend its operations in Nigeria.…
NCC, Telcos Block Access To Twitter In Nigeria
Telecommunications operators have blocked access to the social media platform, Twitter in Nigeria.
The telcos,…
FG Suspends Twitter’s Operations In Nigeria
The Nigerian Government has suspended Twitter Operations in Nigeria.
This was announced on Friday by the Minister…
Oil Rises Towards $72 On Demand Prospects
Oil rose towards $72 a barrel on Friday, trading close to a two-year high as OPEC+ supply discipline and recovering…
Customs Agents Suspend Strike At Onne Port
The Area 2 Branch of the Association of Nigerian Licensed Custom Agents has suspended its strike over disagreement…
International Trade: Investors Bemoan Nigeria’s Unfriendly Business Climate
Investors have bemoaned the harsh business climate in Nigeria occasioned by security challenges noting that…
Bitcoin Slides After Musk Tweets Broken-Heart Emoji For Token
Bitcoin slid after a cryptic tweet from Elon Musk apparently hinting at a potential split with the largest…
ABCON Bans Street Trading Of Foreign Currencies
The Association of Bureaux De Change Operators of Nigeria (ABCON) says it will launch an “Operation No Street…
Duration Of U.S. Dollar Weakness Splits FX Analysts
The U.S. dollar outlook is uncertain, with foreign exchange strategists in a Reuters poll almost evenly split on…
Dollar Soars Ahead Of Payrolls But Can The Rally Last?
The U.S. dollar traded sharply higher against all of the major currencies on Thursday with USD/JPY closing above…
Nigeria Home To 9,100 Dollar-Millionaires, Worth $207bn – REPORT
Nigeria has recorded about 9,100 high net worth individuals (HNWIs) each with minimum net assets of one million…
Foreign Stock Investors Withdraw N99.94bn In Four Months
A total of N99.94bn was pulled out by foreign investors from the Nigerian stock market in the first four months of…