Odu’a Investment Company declares N418.4 million dividend payment to shareholders
Odu’a Investment Company Limited has approved to pay its shareholders N418.4 million as final dividends for the 2021 financial year...
Inflation in Nigeria: What will happen to your money in the next days and weeks
High inflation basically erodes the purchasing power of the citizens and affects all areas of one’s spending.
Nigerian banks pay N163.58 billion as salaries in Q1 2022
Nigerian commercial banks paid a sum of N163.58 billion as personnel expenses in the first quarter of 2022.
Nigeria’s VAT revenue rises to N588.6 billion in Q1 2022
The manufacturing, information and communication, and mining sectors led the list of sectors with highest VAT remittances in the first...
Presidential candidates mute as Nigeria’s inflation rises to 17.7%
Nigeria’s presidential candidates have kept mum concerning Nigeria’s galloping inflation rate, which hit 17.71% for the month of May 2022.
AMCON gulps N125.9 billion as Sector Resolution Funds from Nigerian banks in Q1 2022
AMCON has received a sum of N125.9 billion from 12 commercial banks listed on the NGX as part of the...
DMO to auction N225 billion worth of FGN bonds in June 2022
The DMO) on behalf of the Federal government has offered for subscription N225 billion worth of FGN bonds by auction...
Forex turnover records marginal increase as exchange rate appreciates slightly
The exchange rate between the naira and the US dollar closed at N421.25/$1 at the Investors and Exporters (I&E) window.
Nigerian banks donate N24.1 billion as Corporate Social Responsibility in 2021
Twelve listed commercial banks on the Nigerian stock exchange donated a sum of N22.82 billion as part of corporate social...
Nigeria’s inflation rate surges to 11-month high at 17.71% in May 2022
Nigeria's inflation rose to its highest level in 11 months, rising from 16.82% recorded in April 2022 to 17.71%. This...
