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International Trips: Tinubu, Shettima’s Absence Fiscal Irresponsibility — Obi 

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The Labour Party, LP, presidential candidate during the 2023 elections, Peter Obi, has described the foreign trips embarked upon by both President Bola Tinubu...

Cost-of-Living Crisis: FG Planning Cash Transfer To 20 Million Nigerians — Finance Minister 

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FG Plans Cash Transfer For 20 Million Poor Nigerians

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the increase in Nigeria’s revenue recorded in the 2024...

List Of Ten African Nations Where Workers Earn Highest Wages [Must Read] 

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There are several countries in Africa where workers, particularly salaried employees, are well paid. Here’s a look at the top 10 African countries where workers...

China Ready To Lend Us More Money, We’re Not Discussing Debt Forgiveness With Them — FG 

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The Federal Government of Nigeria says it is not discussing debt forgiveness with China, noting that Beijing is willing to lend Nigeria more money...

Private Employers Paying Less Than N70,000 Risk Jail Term, FG Warns 

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The Federal Government has called on agencies recruiting for the private sector to adhere to the N70,000 minimum wage, warning that any deviation would...

CBN Auctions $876m To 26 Banks, Disqualifies Six

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CBN Auctions $876m To 26 Banks, Disqualifies Six

The Central Bank of Nigeria (CBN) has successfully auctioned $876.26 million to 26 deposit money banks (DMBs) in the latest Retail Dutch Auction System (RDAS) held...

CBN Approves Merger Of Unity, Providus Banks

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The Central Bank of Nigeria (CBN) has approved a pivotal financial accommodation to support the proposed merger between Unity Bank and Providus Bank. CBN’s acting...

National Assembly Adjusts 2024 Budget From ₦28.7tn To ₦35.5tn

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N’Assembly Raises Recurrent Vote, Cuts N500bn From Capital Spending

The Senate has approved the ₦6.2 trillion amendment to the 2024 Appropriation Act, raising this year’s national budget from ₦28.7 trillion to ₦35.055 trillion. The...

Every Fund In Dormant Accounts Should Be Sent To Us, CBN Tells Banks

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Economic Reforms Aim To Close Forex Gap As Oil Prices Decline

The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to transfer funds in all dormant accounts to the apex...

ECOWAS Nations Set To Launch Single Currency ECO

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ECOWAS Nations Set To Launch Single Currency ECO

Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States (ECOWAS) have advanced plans to launch the single currency...

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