NFIU Cautions Nigerians on Wire Transfer Scams
The Nigerian Financial Intelligence Unit (NFIU) has issued a warning about a surge in fraudulent petitions involving alleged large wire transfers from foreign banks into Nigerian accounts.
Debt Servicing Costs Rise to N8.9tn – Report
Nigeria’s debt servicing costs have surged to N8.9tn in the first nine months of 2024, surpassing the pro-rata budget of N6.2tn.
NCS Intercepts N1billion Contrabands in S/East
The Federal Operations Unit (FOU), Zone C, Owerri of the Nigeria Customs Service, says it intercepted over N1 billion worth of contraband.
We’ll Reduce Inflation Rate to Single Digits – Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government plans to reduce inflation rate to single digits.
EFCC Declares Persons Wanted Over CBEX Scam
The Economic and Financial Crimes Commission (EFCC) has declared four individuals wanted over the alleged investment fraud perpetrated on Crypto Bridge Exchange (CBEX), a trading platform.
Student Loan Applications hit over 500,000 in 11 months, NELFUND Says
The Nigeria Education Loan Fund (NELFUND) has disclosed that in its first year of operation, over 500,000 Nigerian students applied for loans through the NELFUND portal.
PRNigeria Young Fellows Celebrate SABRE African PR Award Recognition
PRNigeria Young Fellows Celebrate SABRE African PR Award Recognition
Participants of the PRNigeria Young Communication Fellowship have expressed excitement and pride after the project was...
Hajj 2025: CBN Approves Cash-Based BTA for Pilgrims
The Central Bank of Nigeria (CBN) has approved a cash-based Basic Travel Allowance (BTA) for Nigerians performing the 2025 Hajj.
FEPSAN Assures Farmers of Quality Fertilizers Ahead of Planting Season
As preparations intensify for the 2025 farming season, the Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN) has assured Nigerian farmers of timely access to high-quality and affordable fertilizers.
Nigeria’s Revenue at Risk Amid Global Tension – IMF Warns
The International Monetary Fund (IMF) has warned the Federal Government to remain vigilant in the face of mounting global trade tensions.
ECOWAS Develops Framework to Manage Mali, 2 Others’ Exit from Bloc
The Council of Ministers of the Economic Community of West African States (ECOWAS) has commenced deliberations in Accra, Ghana, to develop a strategic response to the withdrawal of Mali, Burkina Faso, and Niger from the regional bloc.
FG to Host First AfCFTA Hackathon with N20mn Grand Prize
In a bold move to deepen the implementation and unlock the full potential of the African Continental Free Trade Area (AfCFTA) in Nigeria.
FG Rakes in N6.96bn from Mining Sector
The Federal Government, through the Ministry of Solid Minerals Development, generated N6.96bn in mining fees and registered 118 new private mineral buying centres.
CBN Remains Resolute with Ongoing Reforms – Cardoso
The governor of Central Bank of Nigeria (CBN), Yemi Cardoso, has said there is no going back on rebuilding credibility through orthodox monetary policy, transparency and consistency.
Electricity Customers Owe DisCos N497bn in 2024
Electricity consumers across the county owed the 11 electricity Distribution Companies (DisCos) N497.4bn debt in 2024.
FG to Cut Cost of Air Travel in MDAs
As part of efforts to cut the cost of air travel across Ministries, Departments and Agencies (MDAs), the federal government says it has launched a centralised, technology-enabled system, BisonFly Project.
Nigeria’s Trade Surplus Rises 107% to $2.2bn – CBN
The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month (MoM) from $1.06 billion in December 2024.
PHOTOS: NNPCL, CBN, JAMB, NITDA, Others Shine at 2025 Spokespersons Awards
It was a night of glitz, recognition and celebration as Nigeria’s top communicators across various sectors were yesterday honoured at the 2025 edition of the "National Spokespersons Awards" (NSA).
Inflation Rises to 24.23% in March
Nigeria’s headline inflation rate rose to 24.23 percent in March, the National Bureau of Statistics (NBS) has stated.
Avoid Illicit Recapitalisation Funds, CBN Warns
The Central Bank of Nigeria (CBN) has warned deposit money banks to avoid raising capital from illicit sources as part of the ongoing recapitalisation exercise.
