Tag: Nigeria economy
FCMB kicks off its 10th season of the Millionaire Promo, offering N1m prizes to winners across Nigeria, with draws until September 2025. First City Monument Bank (FCMB) has officially launched the 10th season of its highly anticipated...
Banks in the FCT have increased their over-the-counter withdrawal limit to N50,000, up from N5,000, improving cash access for customers. Deposit Money Banks in the Federal Capital Territory (FCT) have increased their maximum over-the-counter withdrawal limit...
Breaking News
CBN clarifies: No deadline for use of old Naira notes, all remain legal tender
The CBN confirms old Naira notes remain legal tender with no set deadline for circulation, urging the public to disregard closure rumours. The Central Bank...
Nigeria’s First Foreign-Currency domestic bond attracts $900m in subscriptions
Nigeria’s inaugural foreign-currency domestic bond has garnered $900 million in subscriptions, showcasing investor confidence in the country’s economy.Wale Edun, Minister of Finance and Coordinating...
Nigeria’s First Foreign-Currency domestic bond attracts $900m in subscriptions
Nigeria’s inaugural foreign-currency domestic bond has garnered $900 million in subscriptions, showcasing investor confidence in the country’s economy.Wale Edun, Minister of Finance and Coordinating...
Nigeria’s Company Income Tax surges by 150.83% in Q2 2024
Nigeria's Company Income Tax (CIT) surged by 150.83% in Q2 2024, reaching ₦2.47 trillion, driven by significant growth in agriculture, finance, and manufacturing sectors.Nigeria's...
BOI secures €1.43 billion in oversubscribed global loan syndication
The Bank of Industry (BOI) announced it secured €1.43 billion, achieving a 142.5% subscription rate in the senior phase of its global loan syndication....
Dangote refinery petrol release set to stabilize naira, address fuel scarcity
Aliko Dangote has officially released samples of petrol from his Lagos refinery, marking a step toward stabilising the naira by addressing currency value distortions.On...
Recent articles
