FG Releases N44 Billion for Pension Payment
The Federal Government has allocated N44 billion to cover the pension payments for retirees from various Ministries, Departments, and Agencies ...
Tag: Finance
Nigeria’s Trade Surplus Hits N5.81 Trillion in Q3 2024
Nigeria's trade surplus grew to N5.81 trillion in the third quarter of 2024, according to a report from the National ...
Naira Strengthens Against Dollar as Sellers Struggle to Find Buyers
The Nigerian naira has recorded a significant milestone, increasing quickly against the US dollar on the official Exchange Rate Futures ...
The Tax Reform Bills: A Double-Edged Sword for Nigeria’s Economy
The proposed tax reform bills in Nigeria have been causing a lot of discussion, with many people, including experts, talking ...
Nigerian Stock Market Records Significant Gains as All-Share Index Surpasses 98,000 Mark
On Wednesday, the Nigerian Stock Exchange (NSE) saw a significant increase in trading activity. The All-Share Index (ASI) rose by ...
Bitcoin surges to new all-time high, breaking $100,000 barrier
In a historic development, Bitcoin, the world's largest cryptocurrency, has gone past the very important $100,000 mark, reaching a new ...
CBN’s Rate Hike Boosts Finance and Insurance Sector’s GDP by 30.83%
Nigeria's finance and insurance industry has experienced significant growth, with a real increase in the country's total economic output of ...
Nigeria’s Tax Reforms: A Double-Edged Sword for Economic Growth
As Nigeria faces difficulties in growing its economy and developing, the government's new tax changes have caused a lot of ...
CBN Plans to Retire 1,000 Staff in Sweeping Workforce Reforms
The Central Bank of Nigeria (CBN) may retire up to 1,000 employees by December 31, 2024, as part of what ...
UBA Expands to France, Begins Full Banking Operations
United Bank for Africa (UBA) has begun full banking services in France as of November 30, 2024. This important step ...
CBN Cracks Down on Cash Withdrawal Issues, Urges Customers to Report
The Central Bank of Nigeria (CBN) has urged bank customers to report any difficulties withdrawing cash from bank branches or ...
Nigerian Equities Market Sees 1.97% Rise in Domestic and Foreign Portfolio Participation
The Nigerian stock market saw a 1.97% rise in total local and international investments in stock trading, reaching 502.73 billion ...
CBN Introduces New Guidelines for Interbank FX Trading via EFEMS
The Central Bank of Nigeria (CBN) has introduced new guidelines for foreign exchange trading through Matching System (EFEMS), starting from ...
Tron Founder Joins Trump-Backed Crypto Project After $30 Million Investment
Justin Sun, the creator of the TRON blockchain, has officially become an advisor for the World Liberty Financial (WLFI) project ...
Valour Launches First Dogecoin Exchange-Traded Product in Sweden
Swedish investors can now buy Dogecoin more easily because Valour, which is part of a Canadian crypto company called DeFi ...
