Business
On April 16, the CBN Governor, Godwin Emefiele, announced plans by the Federal Government to include sugar in its forex restriction list.
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On April 16, the CBN Governor, Godwin Emefiele, announced plans by the Federal Government to include sugar in its forex restriction list.
The results in respective increase of 5.2, 6.6 and 7.2 percent compared to the preceding quarter.
The bank increased its customer deposits by N56 billion, predominantly low-cost deposits in spite of difficult economic and industry conditions.
A total of N40.241 billion was shared to the relevant states as 13 percent derivation revenue.
The market breadth index was positive with 23 gainers against 11 losers.
The finance minister emphasised the importance of the capital market as a channel through which government budget and economic infrastructure deficits can be financed.
Smart Adeyemi, chairman of the senate committee on aviation, said the request would require a constitutional review to be achieved.
On the cost side, Operating Expenses grew by 10.1 percent to N249.8 billion, as against N217.2 billion in 2019
The target of the CBN are Nigerians in the diaspora who they want to offer N5 for every $1 remitted to Nigeria.
To be eligible, the diaspora remittances need to be processed and received from one of the registered IMTOs and funds received into a Bank...