04/03/2024
Central Bank of Nigeria’s aggressive monetary policy tightening will boost foreign investment
Inflation is mainly as a result of excess liquidity in the system
04/03/2024
Inflation is mainly as a result of excess liquidity in the system
04/03/2024
In a statement issued on Tuesday, the NSE said the reclassification from a restricted market will boost inflows from foreign investors, who typically account for nearly 60 percent of daily turnover at the market.
04/02/2024
Among the tier-one banks listed, the United Bank of Africa is set to raise the largest sum
04/01/2024
The committee’s decision was also influenced by the need to stabilise the Naira.
04/01/2024
“Regulating AI is… crucial in ensuring that AI achieves outcomes that are in the interests of society,” said the experts.
03/28/2024
Money gained illegally can be laundered by placing it into the financial system, through banks.
03/28/2024
In cases of debt distress, preference has been how to save creditors.
03/28/2024
“This is a very practical and granular project that tackles issues of security, vulnerability, food security, and restoration of the degraded environment.” Dr Akinwumi A. Adesina
03/28/2024
The government published the bill back in November 2023, which, among amending 12 other security laws, is aimed at countering the erosion of the country’s State Security Agency (SSA) by overhauling it.
03/27/2024
The CBN again increased the MPR to 24.75 per cent from 22.75 per cent despite concerns about economic hardship.
03/27/2024
The hackers added that the security vulnerability that was exploited has existed since at least 2021.
03/27/2024
Revelations by the Parliamentary Budget Office (PBO) show that unremitted pension dues stood at Sh47.6 billion while PAYE was Sh25.3 billion as at the end of last month.
03/26/2024
The PUNCH observed that the most hit state by the deductions was Lagos, with about N131.1bn deducted for external debt servicing.
03/25/2024
Public participation has been a long-neglected element while the government makes taxation increments.
03/22/2024
IPO process is quite cumbersome, that is the reconciliation and refunds and all those kinds of things.
03/20/2024
Based on its annual target to collect Sh2.49 trillion during the financial year, this means that the collections recorded shortfalls averaging Sh36.2 billion monthly.
03/19/2024
The rand started the new week on the back foot, pushing towards the psychological R19.00 to the dollar mark as markets brace for tighter monetary policy in the coming weeks.
03/19/2024
Since Section 3(1) provides that a foreign investor who intends to invest in Kenya may apply to the authority for an investment certificate,” the committee chaired by Embakasi North MP James Gakuya said.
03/18/2024
The CMA approved the bank’s application for its bond issue on April 22, 2015, a move that saw the institution proceed to raise Sh4.8 billion from investors.
03/15/2024
The regulators collect billions of shillings each year in the form of levies, licence fees and fines, leaving them with substantial surpluses, which they remit to the Treasury.