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Highlights of Nigerian Exchange (NGX) derivatives market training
BusinessFeaturedNGX

Highlights of Nigerian Exchange (NGX) derivatives market training

The Nigerian Exchange (NGX) is mapping out the Exchange Traded Derivatives (ETDs) Market and advancing with a free training held…

Christina NgeneApril 8, 2021July 20, 2021
FGN bonds issuance calendar for the second quarter of 2021 – DMO
BusinessFeatured

FGN bonds issuance calendar for the second quarter of 2021 – DMO

The Debt Management Office (DMO) of Nigeria has compiled the list of Federal Government, FGN 2021 Bonds issuance. The Federal…

Christina NgeneApril 7, 2021April 7, 2021
Updated order for company and business registration with CAC
BusinessFeatured

Updated order for company and business registration with CAC

The Corporate Affairs Commission (CAC) website and online registration portal is now automated and enables electronic company registration. The CAC…

Christina NgeneApril 7, 2021April 7, 2021
Withholding tax rates and application in Nigeria – FIRS
BusinessFeatured

Withholding tax rates and application in Nigeria – FIRS

The Federal Inland Revenue Service FIRS has released an explainer on the objectives of the withholding tax, WHT, rates and…

Christina NgeneMarch 26, 2021March 26, 2021
PIB: Timipre Sylva says dis-functional refineries one of the reasons for subsidies
BusinessFeatured

PIB: Timipre Sylva says dis-functional refineries one of the reasons for subsidies

The press briefing on the imminent passage of the petroleum industry bill (PIB) by the minister of petroleum, Timipre Sylva…

Christina NgeneMarch 25, 2021March 25, 2021
Nigeria hits a 17.33% inflation rate in February – NBS
BusinessFeatured

Nigeria hits a 17.33% inflation rate in February – NBS

Nigeria hit an inflation rate of 17.33% (year-on-year) in February 2021 according to the consumer price index, (CPI) which measures…

Christina NgeneMarch 16, 2021March 16, 2021
PayPal and Flutterwave collaborate to make payment easy for businesses in Africa
BusinessFeatured

PayPal and Flutterwave collaborate to make payment easy for businesses in Africa

Merchants in Africa are getting an added benefit from a new partnership between PayPal and Flutterwave. They will be able…

Christina NgeneMarch 16, 2021March 16, 2021
The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn
FeaturedFinance

The DMO announces a Debt to GDP ratio of 21.61% – N32.91trn

By the end of 2020, the Total Public Debt held in Nigeria was at N32.915 Trillion – DMO. Nigeria’s Debt…

Christina NgeneMarch 15, 2021March 18, 2021
CBN Naira 4 Dollar scheme for diaspora remittance – what is it?
BusinessFeatured

CBN Naira 4 Dollar scheme for diaspora remittance – what is it?

How CBN Naira 4 Dollar works. The inconsistencies in oil prices in the global market have seen the Central bank…

Christina NgeneMarch 11, 2021May 6, 2021
Nigeria posts a negative foreign trade balance of N2.73trn in Q4 2020
BusinessFeatured

Nigeria posts a negative foreign trade balance of N2.73trn in Q4 2020

Nigeria – Q4 2020 foreign trade stats from the NBS Nigeria recorded a trade deficit of N2.73trn in the fourth…

Christina NgeneMarch 9, 2021March 9, 2021

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News Summary Today

The explosion and a suspected attack on the Trans-Niger Pipeline, TNP, have warranted a state of emergency in Rivers State. President Bola Tinubu made the announcement Tuesday, where he also suspended the current administration as well as, instated a new leader, Vice Admiral Ibokette Ibas, for six months to run the affairs of the state.

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