Financial

CBN Targets 95% Financial Inclusion By 2024   The Central Bank of Nigeria (CBN) has unveiled seven key policies and products that will aid the realisation...

Emefiele Says Nigeria’s Inflation May Drop To Below 15% Next Year   The Central Bank of Nigeria is targeting a drop in the country’s inflation rate...

Report Reveals Nigerians Paid N2trn Indirect Taxes In Nine Months   Amid an economic downturn and rising inflation, the tax burden on Nigerians in the first...

Amid Fiscal Risks, Fed Govt Borrows N24trn From CBN   The Federal Government has borrowed N6.31tn from the Central Bank of Nigeria through Ways and Means...

Insurance Sector Records 28% Growth In Q3, 2022   Insurance sector recorded 28.26 per cent growth in the third quarter of 2022, according to figures obtained...

FG Pledges Continued Skills Development To Deepen $420bn Economy   The Federal Government has pledged to continue skills acquisition programmes across Nigeria to deepen the economy...

CBN Disburses N1tn to Anchor Borrowers Programme The Central Bank of Nigeria is targeting 95 per cent financial inclusion by 2024. In line with that, the...

Senate Summons CBN Gov, Finance Minister, Others Over N500bn Loan Disbursement   An ad-hoc committee set up by the Senate to investigate the disbursement of development...

Finance Minister To Launch Revised Capital Market Master Plan   The Minister of Finance, Budget and National Planning Mrs. Zainab Ahmed is to launch the Revised...

Nigeria’s Oil And Revenue Now $742.48bn - NEITI   The Nigeria Extractive Industries Transparency Initiative (NEITI) has said the Federal Government has earned $741.48billion revenue from...

CBN Says 36 million Nigerians Lack Access To Financial Services    The Director of Information Technology at the Central Bank of Nigeria, Rakiyat Mohammed, has said...

Nigeria Loses $2bn To Oil Theft In Eight Months   The ad-hoc committee set up by the Senate to investigate oil theft and consequent damage on...

Humanitarian minister blames Ahmed for N206bn budget padding Senate, Ministers Battle Over N206bn Budget Padding  The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya...

Naira Redesign: CBN Launches Countdown Clock The Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline...

Naira Redesign: CBN Directs Banks To Work On Saturdays The Central Bank of Nigeria (CBN) has instructed commercial banks to work on Saturdays to enable...

NBS Report Says 133 million Nigerians are Poor The National Bureau of Statistics latest data has indicated that 133 million Nigerians are multidimensionally poor. In its...

FG to Disburse $1bn World Bank Grant to States The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has disclosed that $1 billion...

Reps Begin Probe Of N6.5bn Unrecovered Revenue   The House of Representatives on Tuesday commenced investigation into activities of the Board Management of Lagos International Trade...

Report Reveals 7000 firms, MDAs Owe FG N5.2trn   Eleven ministries, departments and agencies of the government as well as over 7000 corporate and private entities...

FG Borrowed N2.94trn From Debt Market In 11 Months     The federal government between January and November of 2022 borrowed a sum of N2.94trillion through FGN...