Finance

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 a budget of N5.17billion for its activities in Ebonyi in 2026. The...

Why Nigeria’s Minister of Finance Wale Edun travelled to UK

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reportedly travelled to the United...

Fidelity Bank grows PBT by 167.8% to N105.8b in Q1 2025

Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for...

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...

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...
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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.

CBN mandates banks to collect old N500, N1,000 notes

Banks across Nigeria have been ordered to receive old N500 and N1, 000 from customers who come to deposit them in the wake of recent crisis.

Why CBN appoints new executives for Union, Keystone, Polaris Banks

The Central Bank of Nigeria (CBN) on Wednesday in a terse statement announced the dissolution of the boards and management of Union, Keystone and Polaris Banks.

CBN did not authorise any bank to collect N500, N1000 old note

The Central Bank of Nigeria has debunked false media report that it authorised commercial banks to collect old N500, N1000 notes.

NIDCOM hails Tinubu’s administration, CBN on naira payout policy

Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has commended the new payout policy of the Central Bank of Nigeria (CBN) as a boost to diaspora remittances.

CBN Redesigns Naira, Begins Circulation Dec. 15

As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.
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