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 capital base in order to strengthen the financial system, the Central Bank of Nigeria (CBN) on Thursday, unveiled new minimum...

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 the 2024 budget, describing the claims as baseless. Speaking from the State House in Abuja on Thursday, the President stated...

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 the former Accountant General of the Federation, Ahmed Idris, leniency in exchange for implicating former Finance Minister, Zainab Ahmed, in...

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 Dialogue on Africa (CoDA) have vowed to strengthen their cooperation agreement towards tackling the Illicit Financial Flows and providing support...

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 Dialogue on Africa (CoDA) have vowed to strengthen their cooperation agreement towards tackling the Illicit Financial Flows and providing support...

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 latest data released on Friday by the National Bureau of Statistics (NBS). The report shows that in February 2024, Nigeria's headline...