Access Bank, FBN lead as Nigerian banks rake in N200 billion from e-business in 9M 2021
Access Bank, FBN, and UBA led the list of banks in Nigeria with highest electronic business income in the 9-month...
Surge in import bill pushes Nigeria’s foreign trade to N13.3 trillion in Q3 2021
Nigeria’s foreign trade increased by 58.6% year-on-year in the third quarter of 2021, reaching a record N13.28 trillion from N8.38...
Nigeria’s VAT revenue drops to N500.5 billion in Q3 2021 as manufacturing sector leads
Nigeria generated a sum of N500.49 billion as value-added tax in the third quarter of 2021, representing a 2.3% decline...
Naira appreciates at official window despite drop in FX turnover
Thursday, 2nd December 2021: The exchange rate between the naira and the US dollar closed at N414.8/$1 at the official...
Nigeria’s external reserve dips $633 million in November as CBN intensifies FX intervention
Nigeria’s foreign reserve dipped $633.47 million in the month of November 2021 to close the month at $41.19 billion as...
Naira closes flat as Omicron Covid variant pushes crude oil prices below $70
Wednesday, 1st December 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, for the six...
Nigeria to record $9.1 billion current account deficit in 2021 – Afrinvest
Nigeria is projected to record a current account deficit of $9.1 billion in 2021, an improvement compared to $16.98 billion...
Naira maintains rate for 5 consecutive days despite drop in FX liquidity
Tuesday, 30th November 2021: The exchange rate between the naira and the US dollar closed at N415.07/$1, at the official...
Nigeria attracts $9.22 billion diaspora remittance in H1 2021, increases by 16%
Diaspora remittances into Nigeria increased by 15.6% QoQ to $9.22 billion in H1 2021 compared to $7.98 billion recorded in...
Best performing Pension Fund Administrators in Nigeria – YTD October 2021
Stanbic IBTC, APT Pension and Veritas Glanvills led the list of best performing PFAs in Nigeria between January and October...
