Latest Business News Roundup In Nigeria December 29th – …
Jan 5, 2025 · Tax Reform Bills Result From Extensive Stakeholder Consultations Across Nigeria. Taiwo Oyedele, Chairman of the Presidential Tax Reforms and Fiscal Policy Committee, states that Nigeria’s proposed tax reform bills are the product of widespread consultations with stakeholders across various sectors and regions.
CBN Raises ₦1.3 Trillion From Treasury Bills In November
Dec 2, 2024 · The Central Bank of Nigeria (CBN) mobilized ₦1.32 trillion through Treasury bill auctions in November 2024, marking a significant 190% increase compared to the ₦456.57 billion raised in October.
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China-Nigeria Trade Reaches N7.4 Trillion As Of June – VP Shettima
Nov 28, 2024 · Nigeria’s trade relationship with China has reached a value of N7.38 trillion as of June 2024, according to Vice President Kashim Shettima. The announcement was made during the China-Africa Interbank Association Forum (CAIBA) …
Experts Predict Further Naira Devaluation In 2025
Oct 22, 2024 · Matthew Ryan, Head of Market Strategy at Ebury, forecasts further depreciation of the Naira in 2025, though less severe than the declines seen in 2023 and 2024. In an interview with CNBC Africa, Ryan highlights Nigeria’s foreign reserves, oil prices at $74 per barrel, and a narrowed gap between official and parallel market exchange rates […]
National Interest Will Shape 2025 Budget Review – House Of Reps
Jan 8, 2025 · The Deputy Spokesman of the House of Representatives, Mr. Philip Agbese, has assured Nigerians that the 2025 budget proposal will be scrutinized with the nation’s welfare as the top priority. On December 18, 2024, President Bola Tinubu presented a ₦49.74 trillion budget proposal to a joint ...
Nigeria To Reconstruct Consolidated Salary Structure
Sep 25, 2024 · The Federal Government has approved a modification to the Consolidated Public Service Salary Structure (CONPSS), effective July 24. Ekpo Nta, Chairman of the National Salaries, Incomes, and Wages Commission (NSIWC), made the statement during a press briefing in Abuja on Tuesday. Nta stated that President Bola Tinubu signed the Act after it …
U.S. Election Day Unfolds, Nigerian Experts Assess Potential Impact …
Nov 5, 2024 · Today, Americans head to the polls in a historic election that could redefine U.S. relations with global allies, including Nigeria. As Donald Trump and Kamala Harris vie for the presidency, Nigerian analysts have highlighted potential outcomes of each candidate’s victory on immigration, trade, and foreign policy. Kamala Harris at …
Top 10 Stockbrokers In Nigeria: A Performance Analysis
Aug 29, 2024 · The Nigerian Exchange Group (NGX) recently released a report highlighting the top-performing stockbrokers in Nigeria based on their transaction volume and value. The report, released on July 31, 2024, showcased the ten most active brokers who collectively accounted for a significant portion of the market’s activity. Dominant Market Share These ten stockbrokers, representing a mere […]
CBN Sells OMO Bills To Investors At 21.80% - BizWatchNigeria.Ng
Sep 3, 2024 · The Central Bank of Nigeria (CBN) launched September 2024 with another open market operation, offering investors N500 million in OMO notes. One-year OMO bills decreased by 7 basis points at the auction, closing at 21.80%, down from 21.87% the previous week. Last week, the CBN sold N1.63 trillion in OMO notes to investors, primarily deposit […]