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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Naira exchanges at N461.50 to dollar

The Naira on Friday exchanged at N461.50 to the dollar at the Investors and Exporters window

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...

In 6 months Nigeria will save N2trn from subsidy removal – World Bank

World Bank says the Federal Government will save N2 trillion in the remaining six months of 2023 with the removal of petrol subsidy and over N11 trillion by 2025.

FirstBank Unveils Activities For CRS Week

First Bank of Nigeria Ltd. has announced plans for the fifth edition of its Corporate Responsibility and Sustainability (CRS) Week.

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.

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.
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