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Business
Why we slashed interest rate on savings deposit – CBN
On September 1, 2020, the Central Bank of Nigeria (CBN) in a circular signed by its Director of Banking Supervision, Mr Bello…
Customs generates N976.6bn in eight months
The Nigeria Customs Service (NCS) is on course to beat the previous year revenue figures as it generated N976.6 billion between…
Three bank CEOs resign from NESG Board
Chief Executive Officers (CEOs) of three prominent banks have resigned their membership of the Nigerian Economic Summit Group…
Nigeria’s debt rises by 8.4% in three months to N31trn
Data from the Debt Management Office (DMO) on Wednesday, September 9, 2020, showed that the debt incurred by Nigeria rose to N31.0…
Banking sector recorded N263.78trn electronic transactions in Q2 – NBS
The National Bureau of Statistics (NBS) on Wednesday said the banking sector recorded a total volume of 2,160,436,659, amounting…
Federal Govt, states, councils shared N3.9trillion in six months
The Federation Accounts Allocation Committee (FAAC) shared N3.879 trillion to the Federal, state, local governments and other…
PwC Nigeria Partner Tola Ogundipe Dies
The Deputy Senior Country Partner at PwC Nigeria, Mr Tola Ogundipe, has died. The death of the accounting expert was confirmed on…
Deregulation: PPPRA stops price fixing for petrol, marketers take over
The Petroleum Products Pricing Regulatory Agency (PPPRA) has said it would no longer fix price bank for marketers of petrol in…
Ajaokuta-Kaduna-Kano Gas Pipeline Project Not Inflated – NNPC
The Nigerian National Petroleum Corporation (NNPC) has denied a media report that it inflated the Ajaokuta-Kaduna-Kano (AKK) gas…
South Africa’s GDP Declines by 51% in Q2 2020
South Africa’s Gross Domestic Product (GDP) plunged by 51 per cent in the second quarter of 2020 reflecting the immense damage…