Finance

Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused by the exchange's operations in the country. The lawsuit consists of $79.5...

N54.2 trillion budget: Peter Obi tasks government on transparency

Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in...

Why Diezani denies ownership of repatriated $52.8m loot

Former Minister of Petroleum Resources, Diezani Alison-Madueke (DAM), has denied ownership of the $52.8 million recently repatriated to...

Auditors general recommend common auditing standards

Abakaliki, Nigeria - The Body of Federal and State Auditors General in Nigeria has advocated for a common...

Banks’ credits to private sector rise by 66% to…

Nigerian banks have created about N30 trillion in new loans and supports for the private sector in a...
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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.

Tinubu suspends Godwin Emefiele as CBN Governor

In his determination to turn Nigeria's ailing economy around, President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor. 

CBN moves to restore investor confidence, begins clearance of FX

The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.

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...

Cross River residents storm banks in search of money

Calabar, Feb. 6, 2023: Residents of Calabar city in Cross River state, on Monday stormed the various commercial  banks in search of cash.

N54.2 trillion budget: Peter Obi tasks government on transparency

Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in the N54.2 trillion national budget for...
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