The Association of National Accountants of Nigeria has called on the Federal Government and other tiers of government to do away with multiple taxation as a way of promoting investment and economic development in the country. A statement by the association on Wednesday quoted the President of the association, Mr. […]
World News
Nigeria forex reserves rise to $48.84 bln by April 26
Nigeria‘s foreign reserves rose to $48.84 billion by April 26, 0.59 percent up on the previous month, the latest figures from the central bankshowed on Tuesday, as Africa’s top energy producer booked more savings from its crude exports. The forex reserves of the continent’s second biggest economy stood at $48.55 […]
Nigerian banks increase lending to private sector
Indications have emerged that Deposit Money Banks have increased their appetite for lending to the private sector. The banks have led the way in Africa’s syndicated loan market so far this year, with more than $10bn of deals signed in the market. For instance, MTN Nigeria last week agreed to […]
