finance

Nigeria recorded a princely 12.2 billion dollars capital inflow in 2017, according to the National Bureau of Statistics (NBS). The NBS made the disclosure in its “Nigeria Capital Importation for Fourth Quarter and Full Year 2017 Report”…

The Minister of Finance, Mrs. Kemi Adeosun, has said that the Federal Government will name and shame tax defaulters after the expiration of the Voluntary Assets and Income Declaration Scheme (VAIDS). Adeosun, in an interactive session on…

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Nigeria’s people are getting poorer despite the country’s slow recovery from recession and economic reforms are urgently needed, the International Monetary Fund has said. The Fund expects the government to “muddle through” in the medium…

 Photo courtesy of Guardian NGR and powered by Zenith Bank

The expectation of the Buhari administration that the Nigerian economy will grow this year up to 3.5 per cent is on course, Special Adviser to the President on Economic Matters, Dr. Adeyemi Dipeolu said today.  His optimism was anchored…

The Central Bank of Nigeria, in a bid to address the acute shortage of lower denomination currencies, on Tuesday commenced an exercise aimed at flooding the market with N100, N50, N20, N10 and N5 notes. The apex bank, however, warned…

Ecobank Nigeria has announced an increase in the maximum daily limit of their Naira Debit Cards abroad depending on the type of Card held by the Customer. Customers with Naira Debit Cards can now pay up to $4,000.00 and $5,000.00 per…

Though cryptocurrency is one of the biggest financial buzzes around right now, in Nigeria and world over, Warren Buffet, the world’s third richest man and investment guru, isn’t quite excited about it. Word-of-mouth testimonies of young…

Around 1410 GMT on wednesday, bitcoin stood at $9,807.56 to record its lowest value since December 1 and a plunge of almost 50 percent since reaching a record high on December 18, according to data compiled by Bloomberg. "There was…

The founder and Chief Executive of Dangote Industries Limited, Aliko Dangote, has been named Africa's richest man for the seventh year in a row with a net worth of $12.2billion According to the publication, Dangote who was recently…