Finance

Between IMF’s prescription to boost revenue and profligacy

By Obike Ukoh The suggestion by the International Monetary Fund (IMF), to the Federal Government to impose more taxes as a way of raising revenue was greeted with public outrage. Citizens...

Naira to Dollar exchange rate for June 3, 2026

The latest available official data from the Central Bank of Nigeria (CBN) showed that the naira traded approximately...

Breaking: Nigeria remains World Bank’s third-largest borrower with $18.5bn

Nigeria has retained its position as the third-largest borrower from the World Bank’s International Development Association (IDA), even...

Nigerian Senate moves to regulate Opay, Palmpay, Money…

The Nigerian Senate on Friday moved to regulate Opay, Palmpay, Moniepoint, following an alarm raised by Senator Adams...

IFAD-VCDP in Ebonyi proposes N5.17b budget for 2026

Abakaliki, Nigeria - The International Fund for Agricultural Development (IFAD) assisted Value Chain Development Programme (VCDP) has proposed...
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Auditors general recommend common auditing standards

Abakaliki, Nigeria - The Body of Federal and State Auditors General in Nigeria has advocated for a common auditing standards for effective delivery. Mr Sunday...

IFAD-VCDP in Ebonyi proposes N5.17b budget for 2026

Abakaliki, Nigeria - The International Fund for Agricultural Development (IFAD) assisted Value Chain Development Programme (VCDP) has proposed a budget of N5.17billion for its...

Between IMF’s prescription to boost revenue and profligacy

By Obike Ukoh The suggestion by the International Monetary Fund (IMF), to the Federal Government to impose more taxes as a way of raising revenue...

Why IMF releases $7.5 bn loan for Argentina

The International Monetary Fund (IMF) says it has released a loan tranche of $7.5 billion for Argentina, in a deal that took four months to negotiate.

Why CBN appoints new executives for Union, Keystone, Polaris Banks

The Central Bank of Nigeria (CBN) on Wednesday in a terse statement announced the dissolution of the boards and management of Union, Keystone and Polaris Banks.

FG shares N1.13trn December 2023 revenue to states, LGAs

The Federation Account Allocation Committee (FAAC) says it shared N1.13 trillion among the three tiers of government as revenue in December 2023. The total figure...
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