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Senate Summons Emefiele To Explain Uncontrolled Fall In Naira Value

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The Senate has resolved to summon the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to explain the reasons for the rapid depreciation of the value of the naira. It has also mandated its Committee on Banking, Insurance and Other Financi...

CBN: Nigeria’s Fintechs Raised $520m In 2024, Remain Africa’s Innovation Leader — Calls For More Local Funding To Sustain Growth

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CBN: Nigeria’s Fintechs Raised $520m In 2024, Remain Africa’s Innovation Leader — Calls For More Local Funding To Sustain Growth

Nigeria’s fintech sector maintained its position as Africa’s leading innovation hub in 2024, attracting over $520 million in equity funding despite rising global interest...

We Had To Borrow To Fund Roads, Rail, Power – Buhari

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The President, Muhammadu Buhari, on Tuesday, justified the nation’s debt profile, saying his regime needed to borrow to fund critical infrastructure like roads, rail,...

Let’s Be Patient With Tinubu, He Inherited “Almost Comatose” Administration — Abiodun

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Governor Dapo Abiodun of Ogun State believes Nigerians should be patient with President Bola Tinubu’s government which, according to him, inherited an “almost comatose”...

El-Rufai Accuses Emefiele Of Introducing Naira Redesign To Help PDP Win Presidential Election

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Governor Nasir El-Rufai of Kaduna State on Friday alleged that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele introduced the naira...

CBN Increases Interest Rate To 16.5%

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CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services

The Monetary Policy Committee of the Central Bank of Nigeria voted Tuesday to increase the benchmark interest rate by 100 basis points to 16.5...

USAID to invest $60m to boost agribusiness in Nigeria

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The United States Agency for International Development, (USAID) has disclosed plans to invest $60 million to boost agriculture in Nigeria and across West Africa. Speaking at...

FG To Cut Agencies To Reduce Governance Cost – Finance Minister

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The President, Muhammadu Buhari, has approved the implementation of the Steve Oransaye Committee report on the rationalisation of government agencies. The Minister of Finance, Budget...

Pound To Naira Exchange Rate Today, February 20, 2026

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Pound To Naira Exchange Rate Today, February 20, 2026

The British Pound has shown relative strength against the Nigerian Naira in early market sessions on Friday, February 20, 2026. Data from the Nigerian...

Ikpeazu Delivers Abia 2021 Proposed Budget Of 131 Billion Naira

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Governor Okezie Ikpeazu has just delivered the 2021 Appropriation Bill to the State House of Assembly. The 2021 Appropriation Bill is a total of One...

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Hon. Alex Mascot Ikwechegh Resigns From APGA

Hon. Alex Mascot Ikwechegh Resigns From APGA

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The member representing Aba North/Aba South Federal Constituency in the House of Representatives, Alex Mascot Ikwechegh, has officially resigned from the All Progressives Grand...

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