FG Spent $894m To Service Foreign Debts From January To April 2023 - CBN   Data released by the Central Bank of Nigeria (CBN) has revealed that the federal government spent $894 million to service foreign debt obligations from January to...

Experts Groan As Buhari Hands Over Struggling Economy   The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the...

PFOs Sustain Business Growth With N1.69trn Investment   Pension Fund Operators (PFOs) have invested a sum of N1.69 trillion in banks through money market instruments from the inception of the Contributory Pension Scheme (CPS) to 2023. The amount serves as loans to...

Reps Concur With Senate, Extend Limit On CBN Loans   The House of Representatives has approved an amendment to the Central Bank of Nigeria Act, raising the ceiling of Ways and Means advances from the apex bank from 5 to 15...

CBN Urges Women To Use eNaira For Transactions   The Central Bank of Nigeria (CBN) has called on women to embrace the eNaira for their transactions. The apex bank said this during a sensitisation programme on eNaira at the Law Ladies Day...

Nigerian Air: Airlines Berate Aviation Minister, Groups Demand EFCC Probe   Domestic Airlines under the aegis of the Air Operators of Nigeria have berated the Minister of Aviation, Hadi Sirika, for allegedly putting pressure on the Nigerian Civil Aviation Authority to...