Money

436 Articles
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Stanbic IBTC Bank Leads In Capital Importation, Achieving 28.30% Of Foreign Inflows In 2024

In a remarkable demonstration of resilience and strategic adaptation, Stanbic IBTC Bank, a member of Standard Bank Group, has solidified its position as...

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Access Bank Hosts President Steinmeier, Commits To Strengthening German-Nigerian Trade Relations

Access bank last week welcomed the President of the Federal Republic of Germany, Frank-Walter Steinmeier, during his first official visit to Nigeria, underscoring...

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Edo Plans Interest-free Loans For Traders 

Edo State Governor, Senator Monday Okpebholo on Thursday revealed plans to give out interest-free loans to traders across the three Senatorial Districts to...

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Cash Scarcity: CBN Pegs N100,000 Daily Withdrawal Limit On PoS Transaction

The Central Bank of Nigeria on Wednesday directed banks has to peg N100,000 per day as a withdrawal limit for customers on point-of-sale...

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FG, States, LGCs Share N1.727tn  For November 

The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired by the Honourable Minister of Finance and the Coordinating Minister of...

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Nigeria’s Inflation Rate Increase To 34.6%

The National Bureau of Statistics (NBS), on Monday said that Nigeria’s inflation rate rose by 0.72% to 34.60% as at November 2024 from...

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Tinubu Urges Media To Back Tax Reforms For Sustainable Wealth Creation

President Bola Tinubu has urged the media to support his administration’s proposed tax reforms, describing them as a critical step toward building enduring...

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VAT Inflow Rises 14.16% Q/Q to ₦1.78 Trillion

According to the National Bureau of Statistics (NBS), aggregate Value Added Tax (VAT) for Q3 2024 was reported at ₦1.78 trillion, a growth...