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List of Dividends announced so far in 2020 (June)


In spite of the challenges posed by the COVID-19 pandemic, the Lagos State Government recorded a 56% budget performance in Q1 2020 with N163.2 billion in revenue, N14.9 billion more than Q1 2019. This performance, according to the Lagos State Commissioner for Economic Planning and Budget, Mr. Sam Egube, “is higher ...
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Senate slams CBN with query over unremitted $3.3billion Foreign Tax – THE GUARDIAN


Your daily Naira exchange rate. Rates ... Senate slams CBN with query over unremitted $3.3billion Foreign Tax - THE GUARDIAN ... The office of the auditor general had forwarded query against the CBN to the committee over ...
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Despite COVID-19, Lagos State Government says Q1 budget performance rose to N163.2 billion


In spite of the challenges posed by the COVID-19 pandemic, the Lagos State Government recorded a 56% budget performance in Q1 2020 with N163.2 billion in revenue, N14.9 billion more than Q1 2019. This performance, according to the Lagos State Commissioner for Economic Planning and Budget, Mr. Sam Egube, “is higher ...
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Nigeria’s Manufacturing PMI Declines To 42.4 — CBN


A file photo of CBN headquarters in Abuja. Photo: Channels TV/ Sodiq Adelakun. The manufacturing Purchasing Managers’ Index (PMI) in the month of May recorded a decline to 42.4 index points after a 36-month consecutive expansion. This is according to the May 2020 PMI survey conducted by the Central ...
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How to report your errant Nigerian banks to CBN – Nairalovers


CBN helps to retrieve money lost to Nigerian banks, including in your domiciliary account Has your bank deducted money from your account unjustifiably? Have you been denied interest on your savings or deposits? Have you had unauthorised ATM or POS transactions on your account? Or lost your savings to ...
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CBN Speaks On The New #2000 And #5000 Note


business opera.com 2020-06-02 20:59:28 CBN has speak on the new #2,000 and #5,000 notes. Central Bank of Nigeria has speak has regards of the availability of new two thousand and five thousand naira note released by some fake individuals out there. If we could remember vividly that Nigeria former ...
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CBN Breaks Silence On Circulation Of N2,000, N5,000 Banknotes – Nairalite | Wetinberate| Realtime Naira Exchange Rates


The Central Bank of Nigeria, CBN, has reacted to reports of alleged circulation of pictures and videos of new N2,000 and N5,000 banknotes in the country. There were rumors over the weekend that some persons were in possession of such banknotes Reacting throug its official Twitter page, the apex ...
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Analysis: Is this a Lafarge rebirth? – Nairametrics


Analysis: Is this a Lafarge rebirth? Nairametrics ...
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CBN’s Lending Rate Cut – Independent Newspapers Nigeria


 The Central Bank of Nigeria (CBN) is deeply troubled by the brewing storm which is poised to plunge the economy back into recession. The apex bank is desperately battling to foster economic growth in the face of the mounting woes plaguing global economy as a result of the COVID-19 pandemic.Rising ...
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2020 Budget: Senate jerks up oil price benchmark to $28


*** Reduces oil production to 1.8mbd ***Declares Natural Resources Devt Acct as waste   By Henry Umoru ABUJA – The Senate on Tuesday jerked the price of crude to $28 per barrel as against the $25 per barrel proposed by the Executive in the revised Medium Term Expenditure Framework ...
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EXPOSED: How Managing Director Of NIRSAL, Aliyu Abdulhameed, Dismissed Olalekan Olusanya, Head Of Internal Audit To Cover Up Multi-billion Naira Fraud


The Managing Director of Nigeria Incentive-based Risk Sharing System for Agricultural Lending, Mr Aliyu A. Abdulhameed, has summarily "dismissed" the organisation’s Acting Head of Internal Audit, Mr Olalekan Olusanya, in bid to conceal a deep-rooted multi-billion naira fraud, SaharaReporters has discovered. NIRSAL is a $500m non-bank financial institution, a creation of the ...
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Cbn Disseminate N5000 And N2000 Naira Notes.


Central Bank Of Nigeria Clears The Air On The New 5,000 and 2,000 Naira Notes. The Central Bank of Nigeria, CBN, has responded to the ...
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Senate recommends increase of oil price benchmark from $25 to $28 per barrel


By Henry Umoru ABUJA – THE Senate on Tuesday recommended that the price of crude be increased to $28 per barrel as against the $25 per barrel proposed by the federal government. The Senate said the increase is imperative due to the recent upward trend of the ...
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Naira falls after FG announces airlines reopening


Nigeria’s currency on Tuesday depreciated at the black market by N4 as the dollar was trading at N443 compared with N441 traded on Monday.  The depreciation follows the announcement by the Federal Government on Monday that airlines would resume operations on June 21. Investigation shows that traders have lost ...
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Important things to know about new CBN guidelines on ATM, PoS


Godwin Emefiele, CBN governor By OBINNA EZUGWU The Central Bank of Nigeria (CBN) on Monday, issued 49-page guidelines to commercial banks regarding the use of Automated Teller Machines (ATMs), Point of Sale (POS) and other online transactions. According to the new guidelines, all denominations of naira should be dispensed ...
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Naira appreciates to N385.50 to $1 at the I&E window


The Federal Government’s plan to boost its revenue in the face of dwindling oil prices seems to have suffered a setback, as two Federal High Court judges have blocked the government’s effort to revoke two oil field licenses. This will negatively affect the full licensing round for marginal fields, ...
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CBN Breaks Silence On Circulation Of N2,000, N5,000 Banknotes – Nairalite


The Central Bank of Nigeria, CBN, has reacted to reports of alleged circulation of pictures and videos of new N2,000 and N5,000 banknotes in the country.There were rumors over the weekend that some persons were in possession of such banknotesReacting throug its official Twitter page, the apex bank said ...
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How Monetary Policy Should Cushion Bank’s Non-Performing Loans (NPLs) -Marcel Okeke


Monday, June 01, 2020 / 5:44 AM / Bukola Akinyele for WebTV / Header Image Credit: Ecographics
 
The CEO of Mascot Consult Limited, Mr. Marcel Okeke speaking on the reduction of Monetary Policy rate from 13.5% to 12.5% by the Central Bank's Monetary Policy Committee Meeting insisted that monetary ...
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Naira strengthens against dollar on parallel market New Telegraph Online New Telegraph


T he naira appears to be continuing its recovery against the dollar on the parallel market as the local currency yesterday significantly appreciated to N440 per dollar from N450/$ last Friday.     The naira has thus  steadily appreciated from N455 per dollar last Wednesday ...
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naira’s first major gain against the dollar since late March


Nigeria's naira gains against the dollar, as CBN closes in on currency speculators. This is naira's first major gain against the dollar since late March ...
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N2000 & N5000 Banknotes Pictures and Video In Circulation Are Fake – CBN


The Central Bank of Nigeria (CBN) on Sunday, May 31, has described the videos and pictures of the purported circulation of N2000 and N5000 banknotes in the country as FAKE. In a tweet via the CBN official Twitter handle of the bank. The apex bank warned that the banknotes ...
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Naira appreciates at parallel as CBN warns currency speculators


Nigeria’s local currency, the Naira appreciated against the Dollar on Monday at the parallel market, going for N441 to a dollar as against the N450 it went for last week. National Daily gathered that this is Naira’s first major gain against the dollar since late March. The development follows ...
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Nigeria's naira gains against the dollar, as CBN closes in on currency speculators


Nigeria's naira gains against the dollar, as CBN closes in on currency speculators. Published by Nairametrics on Mon, 01 Jun 2020. This is naira's first ...
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CBN Responds To Video & Photos Of N5,000 And N2,000 New Naira Notes-operanewsapp


CBN Responds To Video & Photos Of N5,000 And N2,000 New Naira Notes. opera.com 06/1/2020. View pictures in App save up to 80% data ...
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