Oil and gas sector loses $17.12m Foreign Direct Investment (FDI) in three months
The Nigerian Natural Resource Charter (NNRC) has revealed that Foreign Direct Investment…
How Nigeria lost $2.8bn in revenue in 2018
The United Nations say Nigeria lost an estimated 2.8 billion dollars in…
Niger state Police Arrest Fraudsters Who Hack Bank Accounts to Steal Money
The Niger arm of the Nigerian police recently arrested two suspected bank…
FIRS targets N8.3tn revenue from taxes in 2019 – Fowler
The Federal Inland Revenue Service (FIRS) says it is targeting N8.3 trillion…
Nigeria’s e-payment transactions hit N56.85trn – Reports
Reports from the Nigerian Interbank Settlement System (NIBSS) have indicated that Nigeria’s…
Nigeria’s database of Tax Payers hit 35m – JTB
The Joint Tax Board (JTB), says Nigeria’s data base of tax payers…
Nigerians project rise in inflation, borrowing rates in next 12 months — CBN report
Some Nigerians have projected rise in inflation and borrowing rates as well…
2019 budget: Economists raise fears against falling price of crude
Some economists in Ibadan, the Oyo state capital, have raised fear concerning…
Financial Inclusion: How First Bank, Others Are Empowering Women
Unarguably, women play an important role in the economic growth and development…
Nigeria to become 14th best global economy by 2050 – TETfund
The Tertiary Education Trust Fund (TETfund) has predicted Nigeria would become the…
BoI disburses N11.5bn to 1.4m Nigerians under FG’s TraderMoni programme
Mr Olukayode Pitan, the Managing Director of Bank of Industry (BoI), on…
Electronic fraud in banking hits N6.1trn by 2021 – CBN
Mr Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN)…
Federal Government Borrowed N2trillion to fund 2017 Budget
The Nigerian Debt Management Office has confirmed that the Federal Government of…
NDIC investigates management, directors of defunct Skye Bank
The Nigeria Deposit Insurance Corporation (NDIC), says it is monitoring investigations of…
Nigerian economy should grow by 8%, not 1.9% — CSO
A Civil Society Organisation (CSO), BudgIT says the Nigerian economy needs to…
Expert Reacts As IMF Says 50 Percent Of Nigeria’s Revenue Goes Into Interest Payments
An economist, Prof. Ndubuisi Nwokoma, has called on the Federal Government to…
South African Central Bank Fines HSBC for Lax Money Laundering Controls
Several weeks after the Nigerian Government pointed accusing fingers at Global Banking…
Expert warns banks against attack by cyber criminals
Mr Lawal Aribidesi, Risk Service Manager, West Africa, Visa Nigeria, on Tuesday…
$22.06bn, N481.75bn not remitted to Federation Account between 1999-2015 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI) says that the 22.06 billion…
Petroleum Subsidy, Others Put Nigeria in Serious Revenue Crisis – Budget Office
Nigeria’s Budget Office has raised an alarm regarding the impending revenue problem…
FEC approves N8.73 trn 2019 budget proposal, 2019/2021 MTEF
The Federal Executive Council (FEC) on Wednesday approved a budgetary proposal of…
How flooding, herdsmen violence cause rising inflation – Analysts
Financial analysts on Wednesday blamed flooding and persistent herdsmen attacks for the…
Stable exchange rate best choice for Nigeria – Emefiele
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining…
After Skye Bank, CBN Revokes Licence Of Another Bank
The Central Bank of Nigeria (CBN) has revoked the licence of Garu…
NNPC announces N18.12bn trade surplus
The Nigerian National Petroleum Corporation (NNPC) says it made a trade surplus…
Increase 2019 budget to N15 trillion – ANRP appeals
The Abundant Nigeria Renewal Party (ANRP) has advised the Federal Government to…
CBN Revokes Skye Bank’s Licence
The Central Bank of Nigeria (CBN) has revoked the operating licence of…
Nigeria’s foreign debt stands at $22.08bn, local N3.48trn
The National Bureau of Statistics (NBS) says the country’s foreign debt stands…
CBN imposes N10k fine on banks that fail to reverse failed electronic transactions within 24hrs
The Central Bank of Nigeria (CBN) has announced a N10,000-per-transaction fine on banks…
2018: World Bank approves 62 micro projects for Kogi communities
The World Bank has approved 62 micro projects for Kogi communities under…