CBN Threatens Severe Sanctions Against Banks Hoarding Currency
The Central Bank of Nigeria (CBN) has announced severe penalties for any bank involved in currency hoarding or diversion as part of its commitment...
Bitcoin Dips To $80K Amid Trump Policy Debate
The cryptocurrency market has seen a significant decline, with its total value dropping by 7% to around $2.77 trillion. Leading digital assets, including Bitcoin, Ethereum,...
Abuja Black Marketers Shuts Down Operation
In a surprising move, foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading on Thursday...
International Trips: Tinubu, Shettima’s Absence Fiscal Irresponsibility — Obi
The Labour Party, LP, presidential candidate during the 2023 elections, Peter Obi, has described the foreign trips embarked upon by both President Bola Tinubu...
Tinubu Delists FCT From TSA, Minister To Enjoy Financial Autonomy
President Bola Tinubu has made the decision to remove the Federal Capital Territory Administration (FCTA) from the Treasury Single Account (TSA). This was announced during...
National Assembly Adjusts 2024 Budget From ₦28.7tn To ₦35.5tn
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...
Otti Orders Withdrawal Tax Suit Against MOUAU
The Abia State government has promised to withdraw the suit it instituted against the Michael Okpara University of Agriculture, Umudike, MOUAU, over alleged non-remittance...
Despite Improved Revenue, We Still Need More Borrowings, Edun Tells Senate
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to fund its budget even...
Court Voids Passage Of Rivers Budget By Pro-Fubara Lawmakers
Justice James of the Federal High Court Abuja has nullified the N800 billion budget passed by the Edison Ehie-led group of the Rivers State...
Fresh Facts Emerge On Why CBN Extended Deadline For Use Of Old Naira Notes
President Muhammadu Buhari on Sunday, in Daura, approved the Central Bank of Nigeria’s request to extend the deadline for swapping of old naira notes...
