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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Nigeria’s GDP Improves By 3.54% In Q2 2022

The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.54 per cent in the second quarter of 2022 on a year-on-year basis.

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.

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.

The Alternative Bank welcomes Gambian delegation from BSIC

Nigeria’s largest ethical bank, The Alternative Bank (TAB) has taken steps to extend its reach beyond the shores of Nigeria with its hosting of an executive delegation from Banque Sahelo-Salarienne pour l’Investissement et le Commerce (BSIC), a Gambian bank.

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 sustained efforts that have seen the...

Gwadabe praises Tinubu on call for exchange rate unification

 Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria (ABCON), has said that members of the group will align with President Bola Tinubu’s position on unified exchange rates.
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