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    Monetary Policy

    10 Nigerian Banks Global Scale Ratings Affirmed Under Revised Criteria; Outlooks Stable

    We have reviewed our ratings on various Nigerian banks under our revised "Financial Institutions Rating Methodology". We have affirmed the global scale ratings on these...

    Lagos state govt unveils levy for informal transport sector to harmonize dues from commercial motorists

    …New consolidated levy collection starts February 1 The Lagos State Government and transportation stakeholders in the State on Tuesday signed an agreement and officially unveiled...

    Kaduna State govt earmarks N714.2m for monitoring, evaluation in 2022

    By Philip Yatai Kaduna, Jan. 17, 2022 The Kaduna State Government has earmarked N714.2 million for Monitoring and Evaluation (M and E) under its...

    Kaduna State Govt to spend N6.2bn on loan repayment in 2022

    By Philip Yatai Kaduna, Jan. 17, 2022 The Kaduna State Government has earmarked N6.2 billion for the payment of foreign and domestic loans in...

    Q3’2021: Capital Importation into Nigeria Rising Q-o-Q by 97.73% to USD1.73 billion

    Recently released data from the National Bureau of Statistics (NBS) showed that Nigeria’s capital importation rose by 97.73% quarter-on-quarter (and increased on a yearly basis...

    Stanbic, Standard Chartered, Citi lead as banks record $38.2bn foreign inflows into Nigeria

    Stanbic IBTC Bank, Standard Chartered Bank Nigeria, and Citibank Nigeria Limited lead as capital importation from banks hit $38.18bn in almost three years. Between January...

    Nigeria’s President Buhari Okays Establishment of Nigerian Diaspora Investment Trust Fund

    President Muhammadu Buhari Tuesday in Abuja endorsed the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF), a private sector investment window with Nigerians...

    Interest Rate: 12 Nigerian Banks Borrow N9.81trn from IFC, ADB, CBN, Others in 3 Years

    Following availability of funds at single digit interest rate, a total of 12 banks borrowed a whooping N9.81trillion from international finance institutions, Central Bank...

    Widen tax net, rising debt worrisome, LCCI tells FG

    ThE Lagos Chamber of Commerce and Industry has advised the Federal Government to widen its tax net in order to increase its...

    Nigeria overshoots debt servicing by N1.15tn in 11 months – Document

    ThE Federal Government exceeded its debt service allocation by N1.15tn for the period between January and November, 2021, documents have shown. A copy of...

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