Gistsstack provides quality business news from Nigeria and all over the globe.

Banks To Deduct Stamp Duty For Dec 2016


Deposit money banks (DMBs) say they will deduct stamp duty for transactions carried out in …

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CBN Rejects IMF Advice To Float The Naira

IMF float

Amidst raging calls by the global business community for the Nigerian government to float the …

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CBN To Sustain Forex Intervention, Releases Fresh $418m


The Central Bank of Nigeria (CBN) on Sunday vowed to sustain its intervention in the …

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Banks Jostle For Govt Bonds As Non-Performing Loans Soar


The Nigerian government is offering such good rates on bonds and Treasury bills that the …

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CBN Should Take Price Of Dollar To N340-N350 – Rewane


The CEO of Financial Derivatives, Bismarck Rewane, has called on the Central Bank of Nigeria …

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Government Gives Fresh Conditions For Release Of Paris Club Funds

Paris club

The Federal Ministry of Finance yesterday listed fresh conditions for the release of the Paris …

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Houses Demolished In Otodo Gbame, Lagos

Many residents in Otodo Gbame, a community in the Lekki area of Lagos state, have …

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Nigeria’s Inflation Falls To 17.78% In February – NBS

inflation February

Nigeria’s inflation rate bucked the trend in February to fall to 17.78%, its lowest level …

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N541.8b Debt: Three Banks Set To Take Over Etisalat


Despite the intervention of the Nigerian Communication Commission (NCC), to broker a peaceful resolution between …

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Bitcoin Tops Gold For First Time


A unit of the digital cryptocurrency known as Bitcoin has exceeded the value of an …

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