CBN Settles Foreign Airlines Verified Dollar Claims After Eight Months
The Central Bank of Nigeria (CBN) on Tuesday said it has completed the payment of all...
Finance & Economy
IMF Revises Down Nigeria’s Growth Forecast to 3% Due to Weaker Outlook in South Africa
The International Monetary Fund (IMF) has trimmed its economic growth projections for Nigeria, citing a...
Naira Extends Losses at Forex Markets
Naira fell against the United States dollar at both the authorised and unauthorised markets on...
CBN Settles $500m in Verified FX Liabilities
The Central Bank of Nigeria (CBN) has said that it has released 500 million dollars...
NNPCL Failed to Remitt Allocation to Federation Account in 2022 – CFO
The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in...
Nigeria Sovereign Wealth Fund’s Currency Swap Exposure to CBN Reaches N797bn
The Nigeria Sovereign Investment Authority (NSIA), managers of the country’s Sovereign Wealth Fund (SWF) had foreign...
NGX Raised N3.85 trn to Fund Government and Corporate Projects, says CEO
Acting Chief Executive Officer (CEO), Mr. Jude Chiemeka, of the Nigerian Exchange Ltd. (NGX), says the...
CBN Stops Payment of MPC Members Without Prior Notice, Cardoso Reveals
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has ceased...
FG got N12.3trn Tax in 2023 as FIRS Gets N19.4trn Revenue Target for 2024
Federal Inland revenue service (FIRS) has said it generated a total of N12.3 trillion in...
FAAC Disbursements Rise 29% to N15.1 trillion in 2023, Following Subsidy Removal
The disbursement from the Federal Accounts Allocation Committee (FAAC) to the federal government, states and...
