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The Nigerian government revenue service –  The Federal Inland Revenue Service (FIRS) may, from next year, ask banks to charge customers 5 per cent Value Added Tax (VAT) for on-line purchases when...

The Nigerian Central Bank has has granted operational license to three new  banks in the country. According to information newly made available on the Central Bank’s website, the three banks newly...

  GTI Capital Group, a foremost Nigerian Financial Market operative is holding a major business dialogue on Recapitalisation of Microfinance Banks titled “Recapitalisation of Microfinance Banks:...

The Central Bank of Nigeria in what seems to be a tactical devaluation of the Nigerian currency, the Naira has increased the exchange rate for Custom Duties for goods imported into the country. The Central...

  Godwin Emefiele, Nigerian newly reappointed central bank governor. Nigerian Banks may soon be made to face a new phase of recapitalisation hurdles. This new fact was brought to the public domain by...

Rand Merchant Bank (RMB) Nigeria is organising a Conference on the Nigerian Economy. The Conference which is its Annual Nigerian Economic & Business Conference is titled “Unlocking real sector...

According to the  national inflation report just released by The National Bureau of Statistics (NBS) the May 2019 inflation report, shows that Nigeria’s headline consumer price (CPI) index expanded...

The World Bank Group has predicted real Gross Domestic Product (GDP) growth rate of 2.1 per cent for Nigeria for 2019,  this is slightly lower than the 2.2 per cent it had earlier  predicted for the...

Falling purchasing power, increasing poverty, as well as increased network failures across e-payment channels in the country has dragged down the total volume of  electronic transactions in the country...

The Federal Government has began criminal investigation into alleged misappropriation of about USD 2 billion  worth of Atlas Mara’s Union Bank Plc shares owned by 65,000 shareholders, News Agency...

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