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SEC Wields Big Stick, Sanctions Firms Listed as Tax Evaders

The Securities and Exchange Commission (SEC) has urged Capital Market Operators (CMOs) and Public Limited Company (PLCs) to comply with the new rule on taxpayers on Voluntary Assets and Income [...]

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STOCK MARKET REPORT FOR JULY 28th, 2017

A total turnover of 2.211 billion shares worth N30.636 billion in 26,287deals were traded this week by investors on the floor of the Exchange in contrast to a total of 3.628 billion shares valued [...]

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Nigeria: Economy to Grow Faster Than South Africa’s in 2018 – IMF

The International Monetary Fund (IMF) has projected that Nigeria’s economy will grow at a faster pace than South Africa’s in 2018. According to its World Economic Outlook, WEO, for [...]

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Why CBN can’t Cut Interest Rate now – Emefiele

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said the high Inflation Rate and rising operating costs in the Banking sector are some of the major reasons for the high [...]

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STOCK MARKET REPORT FOR JULY 21st, 2017

A total turnover of3.628 billion shares worth N34.886 billion in 19,834 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.272 billion shares valued [...]

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Nigeria Partially out of Recession – Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has said the Country is partially out of recession. “We are out, we’re out to an extent and we hope that the figures will reflect the fact that we’re [...]

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Financial Education to be Included in Nigeria’s School Curricula

The Federal Government of Nigeria will soon include Financial Education in school curricula, this is as announced by the Central Bank of Nigeria (CBN) as part of the effort to promote Financial [...]

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FG to Establish ICT Development Bank

The Federal Government will soon establish a specialised Bank to cater to the development of the Information and Communications Technology industry, the Minister of Communications, Mr. Adebayo [...]

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CBN to issue N205bn in Treasury Bills next Week

The Central Bank of Nigeria is planning to issue N204.95Bn in Treasury Bills at an auction on July 19. The Bank is aiming to raise N36.78Bn in three-month bills, N39.17Bn in six-month paper and [...]

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Huge Tax Debtors Pay in Installments – FG

The Federal Government is to offer tax defaulters with huge (Tax) liabilities a period of three years to spread their tax payment under the Voluntary Assets and Income Declaration Scheme. This is [...]

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