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...
spot_img

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/$.

CIBN inaugurates smart hub at NAU to empower aspiring bankers

The Chartered Institute of Bankers of Nigeria (CIBN), on Tuesday inaugurated a smart hub, named ‘CIBN Bankers Hall’, at Nnamdi Azikiwe University (NAU), Awka, to train and produce chartered bankers.

Ecobank wins Best Place to Work in Africa 2022 Award

Ecobank Group, the leading pan-African bank, has won the highly coveted Best Place to Work in Africa 2022 Award from the Best Place to Work organisation.

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. 

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...

Developing Countries: UNCTAD Wants Actions To Curb Crypto Currencies

The UN Conference on Trade and Development (UNCTAD) has called for action to curb crypto currencies in developing nations.
spot_img