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14th Dec 2019 @ 15:03

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Buhari sacks Fowler, appoints Muhammad Nami as FIRS boss

Federal Inland Revenue Service (FIRS)
President Muhammadu Buhari has literally sacked Babatunde Fowler as the chairman Federal Inland Revenue Service (FIRS).

BREAKING: CBN mulls LDR increase to 70%

CBN Gov. Godwin Emefiele
The Central Bank of Nigeria (CBN) is reportedly set to increase banks’ Loan to Deposit Ratio (LDR) to 70% by 2020.

How the Chinese are taking over Nigeria’s economy

Buhari and Chinese President, envoys
With an estimated approximated 203.42 million population and growing at over 2% per annum, Nigeria ranks the seventh-largest country in the world. The nation represents over 70% of the effective West African market, as Nigeria remains the most competitive destination for the establishment of medium and large manufacturing industries.

FG reduces N50 stamp duty charge to transactions above N10,000 

stamp Duty, Bank, charges, PoS,
The Nigerian government led by President Muhammadu Buhari has reduced its policy on stamp duty charges levied on electronic payments above N1000.

Breaking: CBN retains MPR at 13.5%

CBN Gov. Godwin Emefiele
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has kept the Monetary Policy Rate (MPR) constant at 13.50%. Also, other parameters such as Cash Reserve Ration (CRR), Liquidity ratio, and asymmetric corridor remain unchanged.

China completes satellite TV installation in 1,000 villages in Nigeria

Dignitaries at the completion ceremony as China completes satellite TV installation in 1,000 villages in Nigeria
The initiative of the Chinese Government granting access to Satellite TV for 1,000 villages across all 774 local governments in Nigeria which started in 2017 has been completed and handed over to the government.

StarTimes commence Xmas promo, with bouquet upgrade, gifts

StarTimes commence Xmas promo, with bouquet upgrade, gifts
In its usual way of rewarding subscribers for their loyalty, StarTimes Nigeria have announced an early commencement of its 2019 Christmas promotion, in a...

Nigeria earns over N103 billion from cocoa export in 2018

Cocoa
The Chief Executive Officer of the Nigerian Export Promotion Council (NEPC),  Mr. Segun Awolowo, has disclosed that Nigeria earned over N103 billion from cocoa commodity export in the year 2018. 

BREAKING: Nigeria’s Inflation rise to 11.24% in September 2019

market, inflation, Nigeria
Nigeria’s consumer price index, which measures inflation increased to 11.24% in September 2019. This was revealed in the latest inflation report released by the National Bureau of Statistics (NBS).

@myaccessbank under fire for periods of poor #AccessBank services

Access Bank
@myaccessbank is currently under fire as many Nigerian customers have taken to the social media to decry the poor #AccessBank services.  Below are the reactions...