Tag: Finance

Nigeria Among Top 3 African Debtors: Afreximbank Report Reveals Rising External Debt

The weight of external debt continues to press down on Africa's economic…

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CBN Tightens Grip: Banks Face Stricter AML Compliance

In a bid to fortify Nigeria’s financial bulwark, the Central Bank of…

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Local Government Autonomy: Legal Hurdles Stall Direct LGA Allocations as Account Submission Process Lags

The long-awaited implementation of local government autonomy, as mandated by the Supreme…

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Services Sector Fuels 3.84% GDP Growth in Q4 2024

Nigeria's economic landscape exhibited a notable upswing in the fourth quarter of…

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Money Supply Soars to N110.98 Trillion, Raising Inflation Concerns

The latest figures from Nigeria paint a concerning picture. The nation's broad…

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CBN Begins Profiling LGA Officials for Account Opening, Amidst Autonomy Hurdles

The Central Bank of Nigeria (CBN) has commenced the profiling of chairmen…

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PZ Cussons Nigeria Secures Debt-to-Equity Conversion, Dilutes Minority Shareholders

PZ Cussons Nigeria has announced plans to convert a substantial debt owed…

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Nigeria Tax Bill Proposes VAT Exemptions on Essential Goods

The 2024 Nigeria Tax Bill, currently making its way through the legislative…

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