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Money
Electronic Fraud Losses Decline, CBN, NIBSS Call for Deeper Industry Cooperation
The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have urged financial institutions to deepen collaboration in order...
Sanwo-Olu Signs ₦4.4 Trillion Lagos Budget into Law
BY OLAFINKE AKINJIDE—Lagos State’s 2026 Budget of Shared Prosperity is now a law. Governor Babajide Sanwo-Olu, on Monday, signed the Appropriation Bill into...
FCMB Secures National Banking Licence, Targets International Status
FCMB Group Plc has secured a national banking licence for its flagship banking subsidiary after completing a major capital raise, positioning the lender...
Nigeria’s CPI Shows Moderation as Inflation Falls to 15.15%
BY GABRIEL MICHEAL—Nigeria’s headline inflation eased to 15.15 per cent in December 2025, signaling slowing price pressures and early signs of economic stabilisation,...
Budget Office Clarifies NEDC Allocation, Dismisses ₦246bn Salary Claims
Budget Office Corrects False Narrative on NEDC Allocation The Budget Office of the Federation has dismissed claims that the North East Development Commission...
Nigeria’s Economic Activity Hits Five-Year High as PMI Rises to 57.6 in December
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite...
Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 — CBN
BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria (CBN), has said Nigeria has recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in...
New Tax Laws Will Begin Jan 1, 2026-Tinubu
The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1,...
