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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CBN hikes interest rate to 18.75%

The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.

Why CIBN supports Tinubu on exchange rate unification

The Chartered Institute of Bankers of Nigeria (CIBN) has commended President Bola Tinubu for unifying the Naira exchange rate to save the country from financial crisis.

The Alternative Bank delights customers with exclusive seasonal product

Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience.
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