Naira Devaluation Increases Nigeria’s Foreign Debt by N30tn – Report
The devaluation of the naira has raised Nigeria’s external debt by approximately N30.03 trillion between 2023 and June 2024, according...
Finance
Tinubu’s Tax Reform Bills Not Withdrawn, Senate Unmoved by Intimidation – Akpabio
The Nigerian Senate has rejected reports that the Tax Reform Bills were suspended during its Wednesday plenary, clarifying that the...
Anambra AG Okoli Backs Cashless Economy
The Accountant General of Anambra State Dr Chukwudi Okoli says making too much cash available in the society causes hyperinflation.Speaking...
Cash Scarcity Looms As Yuletide Approaches
With the yuletide fast approaching, Nigerians are bracing up for a possible cash shortage as reports of limited cash circulation...
CBN Hikes Interest Rate To 27.50 Per Cent
The Central Bank of Nigeria (CBN) has raised the monetary policy rate to 27.50 per cent from 27.25 per cent....
Why we borrow despite exceeding revenue target, FG tells NASS
The Federal Government has provided further clarification on its decision to exceed revenue targets while continuing to borrow, insisting that...
FG, States, LGs Share N1.411tn FAAC Revenue In October
A total sum of N1.411 trillion, being October 2024 Federation Accounts Revenue, has been shared among the Federal Government, States...
Afriwok: Redefining the Future of Service Delivery in Nigeria and Beyond
In the ever-evolving world of digital innovation, where technology bridges gaps and creates opportunities, Afriwok emerges as a game-changer for...
Breaking: Another Bank, Titan Trust Takes Over Union Bank
According to the report, Chief Executive Officer, Union Bank, Mr. Emeka Okonkwo said “This transaction marks a significant milestone in...
One Month After AbokiFX Shutdown, Naira Fails To Rise
Almost a month after the Central Bank of Nigeria forced foreign exchange update platform, Aboki FX, to suspend its operations,...
Why Cryptocurrency traders seek six-month suspension of CBN’s restrictions
Cryptocurrency operators are seeking temporary suspension of restriction on their trade. They (traders) have appealed to in the Central Bank...
Access Bank, GTBank begin closing customer accounts that have traded cryptocurrency
On Tuesday evening, James Chijindu went to a mall in Lagos to grab a meal and groceries. When it came...
CBN ban: Binance removes naira from crypto trading pairs
One of the largest cryptocurrency exchanges by volume, Binance, has removed naira from its trading pairs after the Central Bank...
Some Facts You Really Need To Know About The Famous Crytocurrency.
Some Facts You Really Need To Know About The Famous Crytocurrency. By Rowlandgate. Now what Is Crypto currency ? Cryptocurrency...
FG bans Nigerians from buying, selling Bitcoin, Crypto
The Central Bank of Nigeria, CBN, on Friday, instructed Deposit Money Banks (DMBs), other Financial Institutions (OFIs), Non-Bank Financial Institutions...
Breaking: FG To Claim Dormant Account Balances, Unclaimed Dividends
Unclaimed dividends and bank account balances unattended to for at least six years will be available as special credit to...
2021 Budget: Gov Sule assents into law over #115Billion
From Francis Nansak, Lafia The administration of Governor, Engineer Abdullahi Sule of Nasarawa state,on Wednesday assented into law a total...
₦50 Stamp Duty On Bank Deposits & Transfers Are Illegal – FHC Asaba
The Asaba Division of the Federal High Court has declared as illegal all ongoing stamp duty deductions by Nigerian banks. ...
Money Heist: Nigerian Governors Planning To Borrow N17trn From Pension Fund-SERAP.
Money Heist: Nigerian Governors Planning To Borrow N17trn From Pension Fund-SERAP. By Rowlandgate. SERAP socio-Economic Rights and Accountability Project has...
Breaking: Two Bullion Vans Moving Cash Without Escort Impounded By Police
Two bullion vans have been impounded by the police in Lagos for moving cash without security escorts. The bullion vans,...
