Finance

Latest Finance News

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

We have hit N2bn monthly IGR generation – Edo Govt

Edo’s Internally Generated Revenue (IGR) has hit an average of N2 billion

Investors lose N687b on Nigerian bourse in August

The free fall of equities persisted on the Nigerian Stock Exchange (NSE)

CBN to disburse N220bn to Enterprises Development Fund

The Central Bank of Nigeria (CBN) said it had set aside N220

More loans worsening Nigeria’s debt to revenue ratio – Don

A don, Dr Dominic Agba, has warned the three tiers of government

Banking sector records N32.90trn transactions in Q2 – NBS

The National Bureau of Statistics (NBS) says a total of 509,668,433 transactions

Currency swap deal: CBN bars importers of substandard goods

The Central Bank of Nigeria (CBN) says the currency swap agreement with