The Central Bank of Nigeria has announced the introduction of an Electronic Foreign Exchange Matching System aimed at transforming the […]
Continue readingCategory Archives: ECONOMY
Banks’ Deposits Rise 16.5% Amidst Economic HardshipÂ
Despite the economic hardship being experienced by majority of Nigerians, banks’ vaults are bustling with customer deposits. The latest report […]
Continue readingEXCLUSIVE: Top 10 Strongest Currencies In Africa
Africa has a wide range of currencies across its countries, each with its own history and reasons for being one […]
Continue readingFG Removes VAT On Diesel, CNG, Electric Vehicles, Others To Crash Prices
The Federal Government has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), […]
Continue readingFLASH: FG Pays Over N24 Billion To 991,261 Household In August, SeptemberÂ
The National Cash Transfer Office under the National Social Investment Agency (NSIPA) said it has released N24,781,525,000 for the payment […]
Continue readingBREAKING: FG Announces Naira Payment For NIMASA, NPA Fees
GISTSMATE MEDIA reports that the federal government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the […]
Continue readingLifting Petrol From Dangote Refinery ‘ll Moderate FX Pressure – CBN Governor, Cardoso
The Governor of the Central Bank of Nigeria, Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery […]
Continue readingJUST-IN: CBN Jacks Up Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has announced a 50 basis point increase in the Monetary Policy Rate (MPR), […]
Continue readingBREAKING: Nigeria’s Unemployment Rate Increased To 5.3% In Q1 2024
The country’s unemployment rate rose to 5.3 per cent in the first quarter of the year (Q1 2024) compared to […]
Continue readingBREAKING: CBN To Maintain Controversial Cybercrime levy Amid Economic Hardship
The Central Bank of Nigeria (CBN) has confirmed it will continue enforcing the contentious cybercrime levy of 0.005% on all […]
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