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Lagos State to use LIRS to fund N1.17 trillion 2020 Budget 

Lagos State to fund N1.17 trillion budget with tax expansion

Fakoyejo Olalekan -
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NEITI, Solid minerals, Nigeria achieves 55% increase in oil earnings for 2018 - NEITI

Nigeria achieves 55% increase in oil earnings for 2018 – NEITI

Chike Olisah -
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NEITI has announced that Nigeria earned a total of $32.63 billion from the oil and gas sector in 2018.
Foreign exchange market, Nigeria’s fixed income & money market update ending 13th March, 2020, Why the s, CBNtrong dollar is giving Nigeria headache, Nigerian banks broadly positive after Naira devaluation

Nigerian banks broadly positive after Naira devaluation

Olumide Adesina -
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The CBN recently adjusted the rate in the Investors and Exporters Foreign exchange window to N380/USD from the N364 to N370.
Nigeria’s GDP picks up to 2.28% y/y in Q3-19

Nigerian Banks reduce dollar spending limits as forex scarcity rises

Olumide Adesina -
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Many Nigerian banks are reducing how much foreign currency customers can spend abroad as concerns over the impact of the COVID-19 pandemic and drop in crude oil prices worsens Nigeria’s currency situation.
CBN orders DMBs to set deadline for cheques

CBN temporarily suspends cheque clearing during Coronavirus lockdown

Emmanuel Abara Benson -
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The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian Interbank Settlement System (NIBSS) are to suspend the clearing of all cheque instruments in the Nigerian Clearing System, starting from today March 31st, 2020.
Beyonce’s father invests in Nigerian streaming app, MePlaylist

Beyonce’s father invests in Nigerian streaming app, MePlaylist

Fakoyejo Olalekan -
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Nigerian music streaming platform, MePlaylistTM, has secured investment from several investors, including Mathew Knowles.
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