Finance Minister seeks stronger cooperation of financial system stability
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said a stronger financial system was critical to…
Crude oil taxes have increased Nigeria’s FX reseves to $52.5bn , says CBN Governor
Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), says the country’s gross external reserves rose to $52.52…
ECO Single Currency
ECOWAS reaffirms 2027 rollout plan The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching the…
NAICOM’s July 31 recapitalisation deadline
Why 33 insurance firms may miss it The race to recapitalisation in the insurance industry has entered a feverish phase…
NRS urges businesses to upgrade for digital tax era
The Nigeria Revenue Service (NRS) has advised businesses in Nigeria to upgrade their tax and accounting processes as the country…
CBN retains MPR at 26.5%
Raises concerns over Middle East tensions The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at…
Pension firms eye mergers as assets hit $31 trillion
Nigeria’s pension industry is seeing more mergers as pension fund managers join forces to stay competitive. The move is being…
Dollar crunch widens Nigeria’s official, black market gap
The gap between Nigeria’s official and parallel foreign exchange markets widened further last week, signalling renewed pressure in the informal…
PFIPC Scam: How CBN opened accounts for phanthom Council
The Central Bank of Nigeria (CBN) has explained that it opened two domiciliary accounts for the controversial Presidential Foreign Investment…
Nigeria’s inflation above 30% in 19 states, FCT despite easing
Despite Nigeria’s headline inflation rate easing marginally in June 2026, residents in more than half of the country’s states continued…