Diaspora Remittances Rise 61% to $4.22bn - CBN The Central Bank of Nigeria has revealed that diaspora remittances processed through International Money Transfer Operators reached $4.22bn between January and October 2024. This figure nearly doubles the $2.62bn recorded during the same period in 2023. CBN Governor Olayemi...

Controversy as Head of Service Reverses Presidential Decision on New Accountant-General In a recent development, the Federal Government has decided to delay the appointment of Mr. Shelmsudeen Babatunde Ogunjimi as the new Acting Accountant-General of the Federation (AGF) following counsel from the Head of Civil...

Several African countries including Nigeria have partnered to create a continental credit rating agency to counterbalance Western credit rating agencies’ bias against Africa.   

Although the federal government secured multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items have rosen by 60.88 per cent under the leadership of President Bola Tinubu, according to a report by The PUNCH. 

Kano Police Chief Records 1,483 Arrests, Achieves Remarkable Crime Control in Six Months The Commissioner of Police for Kano State, CP Salman Dogo Garba, has reported a significant breakthrough in the fight against crime, with the arrest of 1,483 suspects within six months. This achievement...

Nigerian Stock Market Surges by N704bn   The Nigerian equity market gained N704bn in six days, pushing the market capitalisation above N60tn. At Monday’s close, investors gained N330bn, and market capitalisation hit N60.6tn, with 740.89 million shares worth N16.88bn traded in 10,430 deals. This represented a 39...