Finance
Senate approves Buhari’s $5.8bn external borrowing request
The Senate on Wednesday approved $5,803,364,553.50 and a grant component of N10 million USD under the 2018-2020 External Borrowing (rolling)...
Nigeria’s debt grows by N2.54trn in 3 months
Nigeria's public debt grew by N2.54 trillion within three months to hit a total of N38.005 trillion at the end...
Finance bill: Out tax system must work for all Nigerians – FIRS boss
The 2021 Finance Bill must be tailored towards enabling an efficient tax system that works for every Nigerian, the Executive...
VAT collection drops by N11.75bn in 2021 Q3
Value-added tax (VAT) collection by the country dropped by N11.75 billion within three months to N500.49 billion in the third...
350 Nigerians frustrate AMCON’s recovery of N4.4trn debts – Senate
Some highly-placed Nigerians are frustrating the recovery of N4.4 trillion by the Asset Management Corporation of Nigeria (AMCON). The Chairman...
CBN forex policies causes fuel inflation – World Bank
The World Bank has attributed the declining foreign investment to the country and fuel inflation to inconsistencies in the exchange...
CBN inaugurates N500m youth entrepreneurs scheme
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has launched the bank’s N500 million Tertiary Institutions Entrepreneurship Scheme...
SEC warns Nigerians over resurgence of Ponzi schemes, illegal fund managers
The Securities and Exchange Commission (SEC) has again expressed concern and warned Nigerians over the resurgence of Ponzi schemes and...
CBN retains benchmark interest rate at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, resolved to retain the Monetary Policy...
CBN: eNaira will aid offline, cross-border payment solutions
The Central Bank of Nigeria (CBN) has stated that the eNaira’s fourth phase will lead to offline and cross-border payment...