The Federal Inland Revenue Service (FIRS) says it has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the use of financial institutions in the country. FIRS …
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Capital Market
- Business & EconomyCapital MarketMoney Market
Banks’ provisions for retail FX auction could pressure funding rates
by Prince Tobyby Prince TobyAnalysts have said that funding rates will likely increase Friday as deposits money banks (DMBs) make provisions for the retail foreign exchange (FX) auction. Nigeria’s central bank is scheduled to …
- Business & EconomyCapital Market
Nigeria’s total trade falls by 27.3% in second quarter –NBS
by Prince Tobyby Prince TobyNigeria’s total trade value plunged by 27.30% in the second quarter of this year, compared to the first quarter, and by 27.46% when set beside the figure for the corresponding …
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