Nigeria’s Capital Expenditure Among Lowest Globally, Says W’Bank The World Bank Country Director for Nigeria, Mr Shubham Chaudhuri, has said that public spending in the country is among the lowest globally. He said this while making his keynote address at the annual banking and finance conference...

CBN Governor Blames Speculators for Naira's Free Fall The Central Bank of Nigeria (CBN) Acting Governor, Folashodun Shonubi, has said the Bank is taking proactive measures to halt the depreciation of the Naira, with imminent interventions set to be unveiled within the coming days. The Acting...

Diaspora Remittances Fuel Money Laundering, Trafficking in Persons - CBN Diaspora remittances is one of the major sources of money laundering, and trafficking in persons, Mr. Folashodun Shonubi, Acting Governor of the Central Bank of Nigeria (CBN), has said. While underscoring the positive impact of the...