The deadline looms. On March 31, 2018, the Nigerian Voluntary Asset and Income Declaration Scheme (VAIDS) – a time-limited opportunity for taxpayers to regularise their outstanding tax liabiliti…
NSR: Fixed Income -The unstoppable force of liquidity
In the last 24 months, more than in any other period in recent memory, inflationary pressure provided a ready cover for monetary tightening in defence of the key policy anchor, the naira. In our infla…
In The News: CBN Pumps $304.4m into FX Farket
This Day BDC Operators Hail Moves to Return Nigeria to JP Morgan Index The Association of Bureaux De Change Operators of Nigeria (ABCON) has said the federal government’s plan to open talks with JPMor…
ECONOMIC UPDATE: Proactive or Defensive CBN?
In the month of January, daily average turnover at the Investors and Exporters Window (IEW) touched an all-time high of $274million, 35% higher MoM with a total of ~$6.1 billion sold. Notably, althoug…
ECONOMIC UPDATE: Africa Economy back from the Brink
Given recently released data and estimates, Africa’s economy is back from the brink and on course for a modest recovery in 2017 as higher global commodity prices supported growth in Sub-Saharan Africa…
In the news: FG to borrow N110bn via bond auction
Punch FG to borrow N110bn via bond auction The Federal Government is planning to raise N110bn by selling sovereign bonds with maturities of five and 10 years on January 24. N’Delta militants threaten …
In the news: NSE all-share index plummets by 0.9%
PUNCH Forex: Banks cancel commissions on PTA, tuition, medical bills Members of the Bankers’ Committee have agreed that banks in the country should stop charging commission on the sale of foreign exch…
In the news: Stock Market hits nine-year high
Punch Fuel queues return to Lagos, Ogun …NNPC blames hitch on vessels berthing Long queues of desperate motorists and other users of Premium Motor Spirit returned to many filling stations in Lagos and…
In the news: Nigerian stocks are world’s best with 12% rise
This Day Oil Marketers Canvass for Total Deregulation of Petroleum Downstream Sub-sector The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Depot and Petroleum Products Marketers A…
In the news: Investors’ wealth appreciates further by N517 billion
Punch Licence renewal: BDCs seek extension of January deadline The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC operators licensed by the Central Bank of …