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FG Reveals When Jan-Dec Budget Cycle Will Finally Come Into Existence

FG Reveals When Jan-Dec Budget Cycle Will Finally Come Into Existence

🕔06:38, 1.Apr 2019

The Federal Government has hinted that the January to December budget cycle will begin with the 2020 national budget.

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FG Record Excess Subscription Of Bond In March

FG Record Excess Subscription Of Bond In March

🕔09:54, 29.Mar 2019

The Federal Government on Wednesday announced that its monthly bond auction for the month of March was oversubscribed by the sum of N84 billion.

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CBN Deflates Interest Rate To 23.5%

CBN Deflates Interest Rate To 23.5%

🕔08:42, 27.Mar 2019

The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 14% to 13.5%, the first reduction since 2016.

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FIRS Denies Claim Of 50% VAT Increase

FIRS Denies Claim Of 50% VAT Increase

🕔06:34, 26.Mar 2019

The Federal Inland Revenue Service (FIRS) has denied that its Chairman, Mr. Tunde Fowler said there would be an increase in the rate of Value Added Tax (VAT) from 5 to 50 per cent.

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N100bn Bonds Ready For Auction March 27–DMO

N100bn Bonds Ready For Auction March 27–DMO

🕔07:49, 21.Mar 2019

The Federal Government is set to auction by subscription, about N100 billion worth of bonds on March 27, according to the Debt Management Office (DMO).

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National Grid Gets 4,197MW From Gencos

National Grid Gets 4,197MW From Gencos

🕔06:17, 18.Mar 2019

A total of 4,197 megawatts of electricity was released into the national grid by Gas-fired and hydro electricity generating stations in Nigeria, a daily energy report has said.

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Balance Of Payment Increases To $2.80m — CBN Report

Balance Of Payment Increases To $2.80m — CBN Report

🕔07:58, 14.Mar 2019

The Central Bank of Nigeria (CBN), on Wednesday revealed that the country’s Balance of Payment increased in the 4th quarter of 2018, with a surplus of $2.80 million, from $4.54million recorded in the third quarter of the same year.

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Rewane Resigns From FCMB

Rewane Resigns From FCMB

🕔06:44, 13.Mar 2019

Bismarck Rewane, Chief Executive Officer of Financial Derivatives Company, has resigned from the Board of FCMB Group PLC.

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Mobile Subscribers Rise To 172m In Q4 2018 –NBS

Mobile Subscribers Rise To 172m In Q4 2018 –NBS

🕔06:52, 12.Mar 2019

The National Bureau of Statistics (NBS) has revealed that active mobile subscribers in Nigeria have increased to 172,824,239 million in the fourth quarter of 2018 from 162,032,481 million and 162,522,772 million recorded in the third and second quarter of the same year respectively.

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Hope For The Naira According To CBN Analysis

Hope For The Naira According To CBN Analysis

🕔07:50, 11.Mar 2019

The Central Bank of Nigeria’s (CBN) Business Expectations Survey of February hints that the naira will appreciate against the dollar this month more than the current N357/$1.

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