Category: Economy
FAAC distributes N2.09t October revenue to FG, states, LGs
FAAC distributes N2.09t October revenue to FG, states, LGs The Federation Account Allocation Committee (FAAC) has shared N2.094 trillion, being the October 2025...
Africa loses $60 billion annually through illicit financial flow-ICPC Chair +Photos
Dr Adamu Musa Aliyu(middle) Chairman of the Independent Corrupt Practises Commission,ICPC, Dr Musa Adamu Aliyu has revealed that African countries...
Nigeria’s Foreign Reserve Rises To $46bn
Nigeria’s Foreign Reserve Rises To $46bn The nation’s foreign reserve has risen to over $46 billion, according to the governor of the Central Bank of Nigeria...
Global stock market sell-off deepens amid AI worries
UK stocks has fallen sharply as the global sell-off deepens amid worries about an ongoing AI artificial intelligence spending splurge. London’s FTSE 100 fell by...
2026 Budget: Sanwo-Olu Proposes ₦4.237trn
The Lagos State House of Assembly has acknowledged the receipt of an official communication from Governor Babajide Sanwo-Olu requesting that the lawmakers...
Inflation Eases To 16.05% In October- NBS
The National Bureau of Statistics, NBS, Monday said headline inflation rate eased by 1.97 percentage points to 16.05 percent in October from 18.02 percent...
Oyedele lists five bank charges Nigerians will stop paying from January
Oyedele lists five bank charges Nigerians will stop paying from January Millions of Nigerians will experience significant financial relief from January 2026 as...
Cardoso seeks collaboration for stronger African credit system
A Deputy Director, Central Bank of Nigeria (CBN), Fidelis Odia, Managing Director and Chief Executive Officer of CreditRegistry, Nigeria, Jameelah Sharrieff-Ayedun, and...
CBN interest rate hikes boost fixed-income market demand – Awodein
Yemi Cardoso,CBN Governor President, Association of Issuing Houses of Nigeria (AIHN), Mrs Kemi Awodein says the Central Bank of Nigeria’s aggressive interest rate...
Senate approves Tinubu’s N1.15trn domestic borrowing request
Senate approves Tinubu’s N1.15trn domestic borrowing request Loan Senate on Wednesday at plenary approved President Bola Tinubu’s request for N1.15 trillion...
