IMF expresses concern over high food, fertiliser prices
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has expressed concern over rising food prices, especially as…
Nigeria’s inflation rate rises to 22.79% amid high food prices
The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 22.79…
FG to deploy technology for real-time monitoring of revenue collection agencies
The Federal Government says it will integrate the activities of the Federal Inland Revenue Service (FIRS), Nigerian Maritime Administration and…
Stock market eyes 48-hour trading settlement
The stock market has started arrangement to reduce trading settlement cycle by half, from four days to two days. Divisional…
CBN Warns of Risks to International Financial System
The Central Bank of Nigeria (CBN) yesterday urged banks and other financial institutions to be vigilant and alert to possible…
Why I chose to unify exchange rate windows –Tinubu
President Bola Tinubu says he could have chosen to keep the previously multiple foreign exchange system and benefit from it,…
World Bank approves fresh $500m loan for Nigeria
The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment. This became the second…
CBN directs banks to demand customers’ social media handles for account opening
The Central Bank of Nigeria (CBN) has issued guidelines requiring banks to collect and verify social media handles as part…
Tinubu’s advisory council recommends extension of validity of old naira notes to Dec 2024
In light of the current economic realities, the policy advisory council of President Bola Tinubu has asked the Federal Government…
FG’s Q1 company income tax revenue dips by 37.7%
The Federal Government’s revenue from company income tax declined by 37.79per cent in the first quarter (Q1) 2023, falling from…