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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Why FG has no intention of borrowing – Finance Minister

The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun has said that the Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.

Afrexinsure to accelerate devt. of specialty insurance in Africa–Afreximbank

Afrexinsure to accelerate devt. of specialty insurance in Africa--Afreximbank

Why CBN relaxes restrictions on Cryptocurrency transactions

The Central Bank of Nigeria (CBN) has relaxed restrictions on transactions on crypt-currencies in the country.

Crude Oil Refiners Task CBN On Intervention Fund

The Crude Oil Refiners Association of Nigeria (CORAN), the umbrella body of indigenous crude oil refiners, has appealed to the Central Bank of Nigeria(CBN) to create crude refinery intervention fund for its members.

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.

Osinbajo Counsels Central Banks On Adoption Of Blockchain Technology

Vice President Yemi Osinbajo says it has become urgent for central banks around the world to adopt blockchain technology.
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