Archives for MONEY MARKET - Page 42
CBN unveils diaspora-friendly accounts to boost investments
CBN Governor, Olayemi Cardoso The Central Bank of Nigeria (CBN) has unveiled two new financial products aimed at attracting investments from Nigerians living abroad. The Non-Resident Nigerian Ordinary Account (NRNOA)…
Fidelity Bank Supports Improved Maternal Health in Lagos
Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class,…
CBN suspends export proceeds repatriation extension
The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective immediately. This directive, issued via a circular dated January 8,…
BudgIT Raises Concern Over Irregularities In 2025 Proposed Budget, Call For Revew
BudgIT, a leading civic-tech organisation promoting transparency, accountability, and effective service delivery in Nigeria, has observed certain legacy issues with the 2025 Federal Government Proposed Budget and calls on the…
EXPANDING FOOTPRINT – NIGERIA’S FIRSTBANK SETS SIGHTS ON ETHIOPIA, ANGOLA, CAMEROON
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up…
Tony Elumelu Foundation Opens Applications for 2025 Entrepreneurship Programmes
BY NGOZI ONYEAKUSI Tony Elumelu The Tony Elumelu Foundation (TEF), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open. Aspiring…
Fidelity Bank Launches ‘Bundles of Joy’ Initiative to Support Children with Special Needs
Nneka Onyeali-Ikpe, MD/CEO Fidelity Bank As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive…
FG Gives Reasons For Retaining Current VAT
BY NGOZI ONYEAKUSI Tax The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has given reasons for retaining the current Value Added Tax structure as…
Naira depreciates to N1,660/$ in parallel market
BY NGOZI ONYEAKUSI The Naira on Thursday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar. Tbough it appreciated to N1,535 per dollar in the official…
FG Commences Withholding Tax Policy
BY NGOZI ONYEAKUSI The Federal Government has commenced the implementation of the 2024 Withholding Tax Regulations, signalling effort to modernise Nigeria’s tax system. Approved by President Bola Tinubu in July…
