Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...
“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...
Additional constraints identified by the survey include multiple taxation, unreliable power supply, and an unfavourable ...
“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...
Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...
Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is ...
The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion ...
Daily Post Nigeria on MSN3d
NDIC begins sale of Heritage Bank assetsThe Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...
The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.In a ...
Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria, CBN's, minimum capital requirement even before the apex bank raised the new threshold. Speaking ...
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