The senate has directed its committee on finance to investigate the alleged non-remittance of over N20 trillion stamp duty into the federation account by Central Bank of Nigeria (CBN). Ekohotblog gathered that the decision to probe the non-remittance of stamp duties was reached sequel to the consideration of a motion on “The need to improve … Read more
The Central Bank of Nigeria on Tuesday revealed that not less than N1.3 trillion was spent by the Federal Government on the importation of rice, fish, sugar and wheat in the last 12 months. The bank’s Deputy Governor, Corporate Services, Edward Lametek, spoke at a seminar organised for Finance reporters in Owerri, Imo State. Speaking … Read more
The Monetary Policy Committee (MPC) has left the benchmark Monetary Policy Rate (MPR) and other monetary policy tools unchanged to spur economic growth in the fourth quarter of the year. According to reports, the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele who disclosed this decision on Tuesday during a press conference at … Read more
….Commends Dangote Group, Others The Governor, Central Bank of Nigeria, Godwin Emefiele, has advised corporate bodies in the country to take advantage of the Presidential Order 7 to raise infrastructure bonds at concessionary rates to support the Federal Government in its desire to develop infrastructure in Nigeria. Emefiele gave the charge on Saturday during an … Read more
The Central Bank of Nigeria (CBN) has endorsed the Association of Corporate Treasurers of Nigeria (ACTN). Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN), Okwu Joseph Nnanna, made this known to the members of the Governing Council of ACTN during their courtesy visit to him in Abuja. READ ALSO: Inflation To Moderate In Three … Read more
Mr Godwin Emefiele the Governor of the Central Bank of Nigeria has said that the rise in inflation is temporary and will go down aggressively in another three to four months. Recall the National Bureau of Statistics (NBS), showed inflation figures at a 17-month high, rise to 11.61% in October. READ ALSO: Nigeria’s Inflation Rate … Read more
Ecobank Nigeria has said it is partnering the All Africa Music Awards 2019 for the 6th edition of the programme in Lagos, as part of its initiatives to boost the creative sector. The bank, in a statement, described AFRIMA as an annual celebration of African talents from all regions of the continent. The Managing Director, … Read more