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NACCIMA Advocates for Clarity in Fiscal Policy and Use of Naira for Customs Duties
The President of the Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA),…
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CBN Prohibits Foreign Currency Collaterals for Naira Loans
The Central Bank of Nigeria (CBN) has implemented a new directive that prohibits the use…
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NACCIMA to Engage with OPS and Key Stakeholders Regarding Bank Recapitalisation
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has announced plans…
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Nigerian Banks to Raise Over N3 Trillion in Capital Amid Regulatory Changes
Nigerian commercial banks are poised for significant capital restructuring as they face a stringent directive…
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NACCIMA Raises Alarm Over Increased MPR, Warns of Adverse Economic Effects
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has raised serious…
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CBN Sets Deadline for Banks to Submit Capital Requirement Plans by April 30
In an effort to strengthen the financial stability of the Nigerian banking sector, the Central…
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Nigerian Equities Lose N104 Billion as CBN Increases MPR to 24.75%
In a continuation of its aggressive monetary tightening, the Central Bank of Nigeria (CBN) has…
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Experts Support Potential Interest Rate Increase as CBN’s MPC Gathers on March 25
Prominent economic analysts from top investment and research firms in Nigeria are predicting that the…
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Nigeria’s Public Debt Soars to N97 Trillion by December 2023, with Debt Service Costs Reaching $3.5 Billion
Nigeria’s total public debt surged by 11.4% to N97.1 trillion by the close of 2023,…
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Nigeria Must Reassess Naira Float and Subsidy Removal Policies, Says Presco MD
The economic landscape in Nigeria has faced considerable challenges following the implementation of the Federal…