January 5, 2018/Fitch Ratings Nigerian banks may find it more difficult to sustain profitability given the decline in net treasury bill (T-bill) issuance in Nigeria’s 1Q18 issuance programme, Fitch Ratings says. The slowdown in T-bill issuance marks a change of strategy as the government looks to increase its financing from […]

January 1, 2017 I join my fellow citizens this morning to welcome and celebrate the New Year 2018. This year promises to be pivotal in our quest for CHANGE.  Unfortunately, I am saddened to acknowledge that for many this Christmas and New Year holidays have been anything but merry and […]

December 27, 2017/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N532.76bn to the three tiers of government in November 2017 from the revenue generated in October 2017. The amount disbursed comprised of N412.10bn from the Statutory Account and N89.71bn from Valued Added Tax (VAT). Distribution of additional […]