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…
Category: Finance
Installing and using NQR as a payment solution for business in Nigeria
Mutual e-payment infrastructure company, Nigeria Inter-Bank Settlement System Plc (NIBSS) is about to launch a traditional payment solution, NQR. The…
NSE receives final approvals of its demutualisation plan from SEC and CAC
The Nigerian Stock Exchange (NSE) has received final approvals of its demutualisation plan from the Securities and Exchange Commission (SEC)…
Flutterwave considers listing in New York after $170mn investment
The CEO and co-founder of Nigeria’s leading payment company, Flutterwave, Olugbenga Agboola, has told Reuters that it is considering listing…
EFCC arraigns broker for diversion of N26bn benefits for PHCN staff
The Economic and Financial Crimes Commission, EFCC has arraigned an insurance broker, Bestworth Insurance over diversion of N26bn earmarked as…
CBN stimulus package for households and MSMEs reopens for application at NIRSAL, MFB
Application for CBN Stimulus Package. The stimulus package introduced by the Central Bank of Nigeria (CBN) in 2020 to support households…
African Development Bank arm, ALSF, to receive €6 million grant from the Netherlands
The African Legal Support Facility (ALSF), an arm of the African Development Bank, AfDB, has secured a €6 million grant…
FGN March 2021 Savings Bond is up for subscriptions – DMO
The Federal Government of Nigeria, FGN March 2021 Savings Bond is up for subscriptions through the Debt Management Office (DMO).…
Nigeria GDP: Finance and insurance sector contributes 3.07% in Q4 and 3.36% in 2020
The annual sectoral contribution of the Financial Institutions and Insurance – the subsectors of Finance and Insurance Sector in Nigeria…
PTAD reschedules verification exercise for retirement pension
The Pension Transitional Arrangement Directorate, PTAD has rescheduled its mop-up verification exercise for commencement on February 17, at its headquarters…