Financial Possibilities
6 ViewsAssociation of Bureaux De Change Operators of Nigeria (ABCON) has called on the Federal Government to suspend all increases in taxation and tariffs until the economy recovers from the impact of the COVID-19...
8 Views The Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and monitoring chronic loan defaulters. The CBN released the guidelines through a circular...
3 Views The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation of maize in order to boost local production. The CBN stated this in a...
15 ViewsThe Nigerian Stock Exchange (NSE) has upgraded its Issuers’ Portal (X-Issuer) as part of efforts to improve continuous and direct flow of information from quoted companies to the investing public. X-Issuer, which was...
12 ViewsThe National Insurance Commission (NAICOM) at the weekend insisted that the contingency reserves of insurance firms would not be accepted as part of funds for recapitalisation. The Commission was adamant despite calls by...
12 Views Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by the Central Bank of Nigeria. The Statistics Department of the CBN disclosed this in its...
8 Views The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has said the decision of the Presidency to increase the budget despite drop in revenue was...
24 ViewsThe Naira fell to N463 to a dollar on the black market Thursday from 461 the previous session after the Central Bank of Nigeria (CBN) moved to unify the multiple exchange week, traders...
20 ViewsThe Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31,...
23 Views The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National Assembly on Thursday to discuss the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper....
50 ViewsThe Nigerian Stock Exchange (NSE) has warned investors to be wary when dealing with the shares of 13 companies after they failed to meet regulatory deadlines for the submission of their financial statements...
20 Views Access Bank Plc announced on Wednesday that its wholly-owned subsidiary in Zambia, Access Bank Zambia Limited has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc. The discussion, according to a...
20 Views Currency in circulation dropped by N52.5bn from N2.35tn at the end of May to N2.29tn in June, the latest figures from the Central Bank of Nigeria showed on Wednesday. Recent figures showed...
50 ViewsThe divestment of AIICO Insurance Plc from AIICO Pension Managers Limited is not driven by the company’s recapitalisation plans, the Managing Director/CEO, Babatunde Fajemirokun, has said. Fajemirokun, in a statement in Lagos, stated...
19 Views NASD Plc has said it is expanding its product offerings and services to cater to the new business and capital raising environment. The Chairman, NASD Plc, Olutola Mobolurin, disclosed this in Lagos...
1,245 Views The Central Bank of Nigeria on Tuesday officially devalued naira to exchange to the dollar at N381/$ on the Importer & Exporter window. The data obtained on the website of FMDQ OTC...
