Nigeria’s DMO appoints JP Morgan, Goldman Sachs, others as advisors
DMO appoints transaction advisors and bookrunners. America’s JP Morgan, Citigroup, Goldman Sachs and Britain’s Standard Chartered have succeeded in the…
Category: Finance
The use of N50 revenue stamp for all transactions in Nigeria
Use of revenue stamp in Nigeria. The first revenue stamp from the Nigerian Postal Service (NIPOST) after the amendment of…
CBN directs banks to set up FX sales points for travel allowances, others
Deposit money banks (DMBs) in Nigeria have received a directive from the Central Bank of Nigeria, CBN, to set up…
CBN cancels capital deposit transfer for BDC licence applications
CBN directive on BDC Licence. The Central Bank of Nigeria, CBN has sent a circular to deposit money banks to…
Minimum wage in Nigeria – what employees should know
What employees in Nigeria should know about minimum wage in Nigeria. A minimum wage is a marker for the lowest…
CBN – $35 billion foreign reserves will cover seven months of import
The Central Bank of Nigeria, (CBN), has said that the country’s foreign exchange reserves at about $35 billion would cover…
CBDC in Nigeria – things to know as CBN launches digital currency, e-naira
The CBN said it will launch a digital naira, e-naira on October 1 A Central Bank of Nigeria, CBN has…
CBN names BUA, two others for sugar importation, restricts foreign exchange
The Central Bank of Nigeria CBN who had earlier put a ban on sugar importation and restricted its access to…
Dangote, BUA, and Golden sugar refinery only are allowed sugar importation – CBN
CBN – sugar importation license to Dangote, BUA and Golden sugar refineries. The Federal Government of Nigeria has limited sugar…
Nigeria CPI, inflation drops by the rate of 17.75% in June
Nigeria: Consumer Price Index, CPI comes in at 17.75% in June. This shows a slightly slower rise in prices than…