Nigeria

Banks’ deposits with CBN hit N3.17tn in nine months

The Central Bank of Nigeria has recorded N3.17tn deposits from 11 commercial banks in nine months. Data obtained from the…

Nigeria’s economy to grow by 2.1 percent in 2020, says World Bank

Nigeria’s economy has been predicted to grow by 2.1 percent in 2020 by World Bank with the growth in the…

CBN releases framework to address payment system

The Central Bank of Nigeria on Monday released the Nigerian payments system risk and information security management framework to guide…

We’ll enforce electricity tariff increase from April – Discos

Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1. Speaking through their…

Company tax: FG to exempt firms earning less than N25m

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be…