CBN suspends forex sales to BDCs over pandemic
The Central Bank of Nigeria has granted a two- week market holidays to the bureaux de change operators. This followed ...
Thursday, June 25, 2026
Tag: Nigeria’s economy
Breaking: CBN holds MPR at 13.5%, other parameters amidst recession concerns
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has held the Monetary Policy Rate (MPR) constant ...
Reps summon Emefiele, ex-Mint bosses over eight-year unaudited accounts
The House of Representatives committee on public accounts has summoned Godwin Emefiele, the governor of the Central Bank of Nigeria, ...
FAAC meeting ends inconclusively
The monthly Federation Account Allocation Committee meeting on Wednesday ended inconclusively. Hassan Dodo, the director of information, ministry of finance, ...
Foreign capital inflow to telecoms grows 725% YoY to $944.05m – NBS
By Omobayo Azeez Foreign capital investment into the Nigeria’s telecoms industry rose by 725 per cent in 2019 to hit ...
COVID-19: FIRS unveils automated tax system to boost revenue collection
The newly appointed Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami. The Federal Inland Revenue Service (FIRS) says ...
Inflation hits 12.20% YoY in February; 0.07% higher than January rate
By Omobayo Azeez The consumer price index, (CPI), which measures inflation, increased by 12.20 per cent on a year-on-year (YoY) ...
Launched N1bn ETFs will create value for investors – Meristem
By Omobayo Azeez Meristem Wealth Management Limited has said its newly launched N1 billion offer for subscription on two exchange-traded ...
Inflation rate to hit 12.37% in February, analysts predict
By Omobayo Azeez Experts in the Nigerian capital market have forecast a rise in February inflation rate from 12.13 per ...
CBN grants businesses one-year extension on loan repayment
The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of coronavirus on the businesses and ...
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.