cbn

‘Remittance Task Force’ to Operate Under Cardoso’s Direct Supervision – CBN

‘Remittance Task Force’ to Operate Under Cardoso’s Direct Supervision - CBN The Central Bank of Nigeria (CBN) has announced the formation of a “Remittance Task...

IMF Forecasts 3.3% Economic Growth for Nigeria in 2024

The International Monetary Fund (IMF) has recently revised its economic growth forecast for Nigeria, increasing it from 3.0% to 3.3% for 2024.
Bello Hassan, NDIC

CBN’s N500bn Recapitalisation in Line with Global Economic Dynamic – NDIC

CBN’s N500bn Recapitalisation in Line with Global Economic Dynamic – NDIC The Nigeria Deposit Insurance Corporation (NDIC) has said the new Central Bank of Nigeria...
Food Stuffs

Pressure on Households as Food Inflation Rises to 40%

Pressure on Households as Food Inflation Rises to 40% Nigeria’s food inflation has continued on a steady rise, reaching 40.01 percent in March 2024 on...
CBN Governor, Olayemi Cardoso

Presidency Supports Cardoso On Naira Appreciation, Plans To Curb Racketeers

On Tuesday, Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, stated that the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria which aimed at steadying the naira aligned with President Bola Tinubu’s “multi-faceted approach to ridding the nation’s foreign exchange market of malign actors and sharp practices.” 

Oil: Nigeria Might Miss Out On $100 Per Barrel

Nigeria, Africa's largest oil producer, may not reap a windfall from the recent rise in oil prices at $100 per barrel. 
Federal Account Allocation Committee FAAC

FAAC Inflows Rise, 15 States Shed N118bn In Debt Stock

An increase in the money shared by the Federation Account Allocation Committee (FAAC) boosted the revenues of 15 states in the fourth quarter of last year, resulting in a decrease of N117.6 billion in total domestic debt stock. 
Wale Edun cardoso

FG Pays N4.83tn of Ways and Means Advances – Wale Edun

FG Pays N4.83tn of Ways and Means Advances – Wale Edun ‌ The federal government used part of the Nigerian Treasury Bills (NTBs) and Bonds issued...
Betta Edu, Minister of Humanitarian Affairs and Poverty Alleviation of Government of Nigeria

EduGate: EFCC Recovers N30bn, Investigates 50 Bank Accounts

EduGate: EFCC Recovers N30bn, Investigates 50 Bank Accounts The Economic and Financial Crimes Commission (EFCC) said it has recovered N30bn in the probe of the...

ICPC Recovers N5.6bn Funds For Constituency Projects From Lawmakers, Others

ICPC Recovers N5.6bn Funds For Constituency Projects From Lawmakers, Others   No fewer than 50 contractors, consultants, and staff members of Ministries, Departments, and Agencies of...
cbn

CBN Unveils New Minimum Capital Requirements, Gives Banks 24 Months to Recapitalise

CBN Unveils New Minimum Capital Requirements, Gives Banks 24 Months to Recapitalise Days after urging Nigerian banks to expedite action on the recapitalisation of their...
cbn

CBN Unveils New Minimum Capital Requirements, Gives Banks 24 Months to Recapitalise

CBN Unveils New Minimum Capital Requirements, Gives Banks 24 Months to Recapitalise Days after urging Nigerian banks to expedite action on the recapitalisation of their...
The Nigerian Senate

President Tinubu Rejects Allegations of N3.7 Trillion Budget Padding, Affirms Senate’s Integrity

President Tinubu Rejects Allegations of N3.7 Trillion Budget Padding, Affirms Senate's Integrity President Tinubu has strongly rejected allegations that the Senate added N3.7 trillion to...
EFCC banks

N109bn Fraud’: EFCC Denies Promising Ex-AGF Idris Soft Landing to Indict Buhari’s Finance Minister

N109bn Fraud’: EFCC Denies Promising Ex-AGF Idris Soft Landing to Indict Buhari's Finance Minister A detective from the EFCC has refuted claims that he promised...

ICPC, CoDA Renew Pact on Asset Recovery, Tackling Illicit Financial Flow

ICPC, CoDA Renew Pact on Asset Recovery, Tackling Illicit Financial Flow The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Coalition for...

ICPC, CoDA Renew Pact on Asset Recovery, Tackling Illicit Financial Flow

ICPC, CoDA Renew Pact on Asset Recovery, Tackling Illicit Financial Flow The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Coalition for...
Inflation Rise, Inflation

Headline Inflation Rises to 31.70% in February – NBS

Headline Inflation Rises to 31.70% in February – NBS Headline inflation rate has risen to 31.70 per cent in February, this is according to the...

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.

How NASS Allocated N6.6trn for ‘Unknown Projects’ of 20 Ministries in 2024 Budget

Most of the projects are not within the statutory mandates of the respective ministries or agencies and mostly located outside the operational jurisdictions/locations of the respective organisations.

$6.2m Emefiele Loot: Top INEC, Presidency Officials Indicted as Pressure Mounts on Tinubu to...

Top officials of the Independent National Electoral Commission (INEC), the Presidency, including cabinet members in the administration of former President Muhammadu Buhari, have been fingered as beneficiaries of the $6.2 million windfall allegedly shared with some Politically Exposed Persons (PEPs) by former Central Bank of Nigeria (CBN) governor, Godwin Emefiele.
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