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$4.7m, N830m, Properties Linked to Emefiele Seized by Court Order

$4.7m, N830m, Properties Linked to Emefiele Seized by Court Order   The Federal High Court in Lagos has ruled in favor of permanently seizing a massive $4.7 million, N830 million, and multiple properties connected to the embattled former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. But...

AfDB and Interpol Join Forces to Combat Financial Crime

AfDB and Interpol Join Forces to Combat Financial Crime   The African Development Bank Group (AfDB) has joined forces with the International Criminal Police Organisation (Interpol) to intensify the fight against corruption and financial crime. In a statement on Friday, it was revealed that AfDB was the...

Investors Commit N2.41trn to Treasury Bills Auction

Investors Commit N2.41trn to Treasury Bills Auction   Nigeria's treasury bills auction on February 19, 2025, attracted robust investor interest, with subscriptions totaling N2.41 trillion across the three available tenors. However, this marked a decline from the N3.22tn recorded in the previous auction held on February 5, 2025....

Inflation Rate Drops to 24.48%

Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent.

Inflation: Consumer Credit Hits N4.4tn in November – CBN

Nigeria’s consumer credit outstanding rose significantly by 26.29 per cent to N4.42tn in November 2024, up from the preceding month’s figure of N3.5tn.

States Predict N3tn Tax After Reform Bills Passage

Findings show that state governments have set a tax revenue target of approximately N3.12tn for the 2025 fiscal year.