Finance
Seven Nigerian Banks Remit N674.68bn in Taxes in H1 2025
Seven of Nigeria’s leading banks collectively paid N674.68bn in taxes to the Federal Government in the first half of 2025,...
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CBN Reports Decline in Money Supply as Monetary Tightening Continues
The Central Bank of Nigeria (CBN) has reported a decline in the country’s money supply for September 2025, reflecting the...
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CBN Denies Allocating $1.259bn for Fuel Importation in Q1
The Central Bank of Nigeria (CBN) has dismissed reports claiming it allocated $1.259 billion for the importation of refined petroleum products in...
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SEC: Nigeria Records Over $50bn in Crypto Transactions
The Securities and Exchange Commission (SEC) has disclosed that over $50 billion worth of cryptocurrency transactions were carried out in...
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Wale Edun: Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed optimism about Nigeria’s economic outlook, declaring...
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NDIC Intensifies Grassroots Campaign Against Fraudulent Savings Schemes
The Nigeria Deposit Insurance Corporation (NDIC) has intensified its grassroots sensitisation campaign to protect traders and transport workers from falling...
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Banks Channel Surplus Funds to CBN as Liquidity Pressures Deepen in Interbank Market
Liquidity pressures intensified in Nigeria’s interbank market last week as commercial banks continued to channel surplus funds to the Central...
Read moreNDIC Reassures Depositors of Up to N5 Million Compensation in Case of Bank Failure
As part of efforts to boost public confidence in the banking system, the Nigeria Deposit Insurance Corporation (NDIC) has reassured...
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Cardoso: CBN Developing New Framework for Bilateral Trade in National Currencies
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that Nigeria is developing a new framework...
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PenCom Has Achieved the “Impossible” in Pension Reforms
The Director-General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has said that the Commission has implemented pension reforms...
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