Finance

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 Adegoke, Chairman of the body,...

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...

FG denies plans to borrow N20trn from pension fund

Abuja, May 16, 2024 – The federal government has denied reports that it planned to borrow N20 trillion...

Why Court orders Binance to release Nigerian traders’ data….

Justice Emeka Nwite of the Federal High Court, Abuja has ordered Binance Holdings Limited to provide the Economic...

Why CBN raises MPR from 18.75% to 22.75% – Cardoso

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate...
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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.

LIRS Reaffirms Jan. 31 Deadline For Tax Returns

The Lagos State Internal Revenue Service (LIRS) say Jan. 31, 2023, remains the deadline for filing the annual tax returns by employers of labour.

Why 1,368 BDCs to get $20,000 CBN FX intervention

About 1368 eligible Bureau De Change (BDC) Operators in Abuja, Awka, Kano and Lagos are set to benefit from the 20,000 dollars weekly FX...

CBN refutes claims of Naira devaluation, says $1/N465 remains

The Central Bank of Nigeria (CBN), has debunked media report of its devaluation of naira to N631 from the rate of N461/$.

Naira Makes Marginal Gains Against US Dollar

The Naira gained marginally against the dollar on Thursday at the Investors and Exporters window, exchanging at N426.

Why Nigeria’s inflation hits 26.72% in September

The Nigerian Bureau of Statistics on Monday, announced the rise of the nation’s annual inflation to 26.72% in September from 25.8% in August.
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