A total sum of N1.354 trillion June 2024 Federation Accounts Revenue has been shared with the Federal Government, States and Local Government Councils in the country. The revenue was shared
The cryptocurrency market is experiencing increasing losses following its second-worst weekly decrease in 2024. This decline is attributed to the waning demand for Bitcoin exchange-traded funds, ambiguity surrounding the U.S.
The DMO said as of March 31, 2024, the country’s domestic and external debts stood at ₦121.67 trillion ($91.46 billion). Nigeria’s debt rose by ₦24.33 trillion within three months –
The World Bank has approved a total of $2.25 billion loan for Nigeria to help stabilise its economy following reforms and scale up support for the poor, it said in
A former Central Bank of Nigeria (CBN), director of currency operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design of the naira. We
The Federal High Court, Lagos has upheld a new Central Bank of Nigeria (CBN) regulation which requires financial institutions to demand and collect the social media handles of their customers,
The Senate is seeking to make amend the Central Bank of Nigeria (CBN) Act 2007 in order to prevent high-ranking officials of the apex bank from engaging in partisan politics.
The Federal Government is poised to receive fresh loan funding from the World Bank, with approval expected for loans totalling $2.25bn on June 13, 2024. The funding will be received
The Federal Government, through the Securities and Exchange Commission, is set to delist the naira from all Peer-to-Peer platforms to reduce the manipulation of the local currency value in the
Online loan apps that many people know as loan sharks are where some Nigerians access money quickly to solve urgent issues. But if they don’t pay back on time, some
