Showing posts with the label Finance

CBN Withdraws Recent Monetary Policy Guidelines Citing Misinterpretation

The Central Bank of Nigeria (CBN) has retracted its recently issued Monetary, Credit, Foreign Trade…

United Capital launches naira-nominated fund for high-value investors

Lagos, Nigeria – United Capital Asset Management, a subsidiary of United Capital Plc, has announced…

Naira seen appreciating to N1200 against dollar in 12 months, says Goldman Sachs

As for the Naira vs the dollar, Goldman Sachs predicts that it would strengthen to N1,200 in the up…

TSLA price prediction as Tesla recalls millions of vehicles

Another obstacle for Tesla Inc. (NASDAQ: TSLA) is that it has started a recall of more than 2 mil…

Consumers, companies’ taxes jump 96% to N2.3tn –Report

Tax income from businesses and consumers increased by 96.11 percent to N2.31 trillion in the second…

Naira lost about 10% value in 2022- World Bank

The World Bank estimates that in 2022, the value of the naira fell by 10.2%. This occurred at a t…

TEF-funded entrepreneurs generated $2.3bn in revenue – Report

Since 2015, African entrepreneurs that have received training and assistance from the Tony Elumelu …

Nigeria Inflation rate shoots up to 21.91%

Nigeria's inflation rate increased from 21.82% in January 2023 to 21.91% as of now. The percent…

Supreme Court Orders Old N200, N500, N1,000 Notes To Remain In Circulation Till Dec 31

The Federal Government's policy of redesigning the naira was also overturned by the Supreme Co…

NIGERIAN STOCKS FALLS AS TINUBU BECOMES PRESIDENT- ELECT

The Nigerian Exchange Ltd. (NGX) equities market's five-day winning run came to an end as perf…

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