Subsidy removal will reduce Nigeria’s rising debt profile: LCCI
The Lagos Chamber of Commerce and Industry (LCCI) says the federal government’s planned petrol subsidy removal remains one of the best economic decisions that will reduce Nigeria’s debts…
Emefiele Applauds IMF’s Support
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has applauded the International Monetary Fund’s (IMF) support for the Central Bank of Nigeria’s monetary policies.Information Guide…
Make e-Naira work outside Nigeria, VC urges CBN
The Vice Chancellor of the University of Ilorin, Prof. Wahab Olasupo -Egbewole (SAN), has urged the Central Bank of Nigeria (CBN) to make the e-Naira policy accessible outside…
‘Tax hike will bring more suffering’
The Nigeria Employers’ Consultative Association (NECA) has cautioned that any attempt by the Federal Government to increase taxes will lead to negative impacts on households, individuals, and businesses….
Nigerian govt to pay N5,000 to 10m households for 6 months
The federal government of Nigeria has revealed that it will pay N5,000 to 10 million households for six months as palliative for removing petrol subsidy after June.Information Guide…
CBN fines GTBank over failure in money laundering test, others
Central Bank of Nigeria (CBN) fines Guaranty Trust Bank (GTBank) N128.6 million for failing to meet several regulatory requirements.Information Guide Nigeria According to RIPPLES NIGERIA, they gathered that…
World Bank Releases Report as FG Spends N96 Out of Every N100 of Its Revenue to Repay Debt
World Bank has revealed that Nigeria spends 96.3 percent of government revenue on servicing debt in 2022. The global financial institutions stated this Macro Poverty Outlook for Nigeria:…
IMF growth projection shows we are doing something right – Emefiele
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that the International Monetary Fund (IMF) growth projection for Nigeria shows that the country and…
Ecobank and 8 Other Nigerian Banks’ Customers’ Deposit Rise by 21.43%
Nine banks listed on the Nigerian Exchange have reported a rise in customers deposit in 2022. LEGIT.NG reports that the banks revealed that unaudited financial records obtained of…
Japanese Govt To Spend $2.9m On Circular Economy In Nigeria
The Japanese Government is to spend a total sum of $2.9 million on the circular economy with Lagos, Abuja, and the federal Ministry of Environment listed as beneficiaries…