CBN suspends forex sales to BDCs over pandemic
Businessam Staff
March 27, 2020
The Central Bank of Nigeria has granted a two- week market holidays to the bureaux de change operators. This followed a request by the
Breaking: CBN holds MPR at 13.5%, other parameters amidst recession concerns
Businessam StaffMarch 24, 2020
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) constant at 13.5%.
Reps summon Emefiele, ex-Mint bosses over eight-year unaudited accounts
Businessam StaffMarch 19, 2020
The House of Representatives committee on public accounts has summoned Godwin Emefiele, the governor of the Central Bank of Nigeria,
FAAC meeting ends inconclusively
Businessam StaffMarch 19, 2020
The monthly Federation Account Allocation Committee meeting on Wednesday ended inconclusively. Hassan Dodo, the director of
Foreign capital inflow to telecoms grows 725% YoY to $944.05m – NBS
Omobayo AzeezMarch 18, 2020
By Omobayo Azeez Foreign capital investment into the Nigeria’s telecoms industry rose by 725 per cent in 2019 to hit $944.05 million
COVID-19: FIRS unveils automated tax system to boost revenue collection
Businessam StaffMarch 18, 2020
The newly appointed Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami. The Federal Inland Revenue Service (FIRS)
Inflation hits 12.20% YoY in February; 0.07% higher than January rate
Omobayo AzeezMarch 18, 2020
By Omobayo Azeez The consumer price index, (CPI), which measures inflation, increased by 12.20 per cent on a year-on-year (YoY) basis
Launched N1bn ETFs will create value for investors – Meristem
Omobayo AzeezMarch 17, 2020
By Omobayo Azeez Meristem Wealth Management Limited has said its newly launched N1 billion offer for subscription on two
Inflation rate to hit 12.37% in February, analysts predict
Omobayo AzeezMarch 17, 2020
By Omobayo Azeez Experts in the Nigerian capital market have forecast a rise in February inflation rate from 12.13 per cent in the
CBN grants businesses one-year extension on loan repayment
Businessam StaffMarch 17, 2020
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus on the businesses and the nation’s