Banks’ non-performing loans decline by N1.14tn
Businessam StaffDecember 4, 2019
Between the third quarter of 2018 and the third quarter of this year, the Non-Performing Loan portfolio of the banking sector dropped
Less than a week to end of Fowler’s tenure, Buhari yet to write Senate
Businessam StaffDecember 4, 2019
Barely five days to the end of the tenure of the Chairman of the Federal Inland Revenue Service, Babatunde Fowler, President Muhammadu
Border closure: Economic growth to slow down in 2020
Businessam StaffDecember 3, 2019
Analysts at RenCap, an investment and securities firm declared that the closure of Nigeria’s land borders could lead to a slow-down in
Nigeria will have 25% of world’s poor without reforms – World Bank
Businessam StaffDecember 2, 2019
Nigeria risks becoming home to a quarter of the world’s destitute people in a decade unless policymakers act to revive economic growth
$60b forex cash kept naira stable for 29 months – Emefiele
Businessam StaffDecember 2, 2019
The $60 billion inflow from the investors’ and exporters’ Foreign Exchange (I&E Forex) window has been identified by Central Bank
Nigeria earned N275bn from VAT in Q3 —NBS
Businessam StaffDecember 2, 2019
Nigeria earned a total of N275.12 billion from value added tax (VAT) in the third quarter of this year, figures released by the
Fresh loan may raise Nigeria’s debt servicing to N3tr
Businessam StaffDecember 2, 2019
The nation’s budgetary provisions for debt servicing could rise to N3 trillion if the federal government goes ahead with its $29.96
BREAKING: Nigeria govt declares Lagos-Ibadan free train service for commuters
Businessam StaffNovember 30, 2019
By Samson Echenim
FG places $200m bank guarantee with UK court in P&ID row
Businessam StaffNovember 29, 2019
Nigeria has given a bank guarantee of $200 million to the United Kingdom Commercial Court hearing its dispute with a British Virgin
FG deducts N35.51bn from states’ allocations as bail-out
Businessam StaffNovember 29, 2019
The federal government deducted the sum of N35.51bn from allocation made to the states for external debt servicing, contractual