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Finance
864 posts
PenCom says micro pension contributions worth N161m in Q2’21
The National Pension Commission (PenCom) has put the total contribution by participants under the Micro Pension Plan (MPP)…
‘FG recorded N8.74tr budget deficit in 2021’
The Federal Government recorded a budget deficit of N8.74 trillion at the end of December 2021. The Senate…
MTN series 1 offer oversubscribed by 139.47%
The series 1 offer for sale of 575 million shares held by the MTN Group in MTN Nigeria…
CBN commences 100 for 100 policy with 28 firms..Grants N23.20b loans
The Central Bank of Nigeria (CBN), yesterday kicked off the commencement of its 100 for 100 Policy for…
NGX lists FGN multi-tranche $4bn Eurobonds
Nigerian Exchange Limited (NGX), yesterday announced the listing of the $4 billion FGN Eurobonds on its platform. The…
CBN releases GSI framework to check bad loans
. Reduces charges for electronic transactions The Central Bank of Nigeria (CBN), has released operational guidelines on the…
Central banks face balancing acts over rising inflation, says IMF
Central banks are said to face the challenge of handling their monetary obligations and satisfying competing requirements (balancing…
FIRS records N6.4trn revenue in 2021
The Federal Inland Revenue Service (FIRS), said it generated a record N6.4 trillion as revenue in 2021, the…
Fidelity Bank rewards customers with N10m GAIM 5 promo
Ten customers of Fidelity Bank Plc have become N1million richer having received their cash prizes for emerging winners…
NNPC secures $5bn from Afreximbank to fund upstream projects
The Nigerian National Petroleum Company (NNPC) Ltd., has secured a $5billion corporate finance commitment from the African Export…