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Money
Nigeria’s Inflation Rate Down To 23.71% In April
The National Bureau of Statistics, NBS, on Thursday said Nigeria’s headline inflation rate dropped to 23.71 per cent in April 2025, down from...
CBN Unveils Digital BVN Platform For Nigerians In Diaspora
The Central Bank of Nigeria, ( CBN), in partnership with NIBSS, has launched the Non-Resident Bank Verification Number platform in Abuja. I ...
CBN Warns Public Of Fake Contracts Scams, Grants, Loans
By NKECHI NAECHE- ESEZOBOR–The Central Bank of Nigeria (CBN), on Monday warned the general public to dessert from engaging with individuals and groups...
Nigeria To Pay SDR Charges Of US$30 million Annually Despite Loan Repayment- IMF
NKECHI NAECHE- ESEZOBOR–The International Monetary Fund (IMF), has said that despite Nigeria has fully repaid the $3.4 billion financial support it received under...
IMF Removes Nigeria From Debtor List
BY NKECHI NAECHE ESEZOBOR—The International Monetary Fund (IMF) has removed Nigeria from its list of debtor-countries. According to report posted on its official...
IFC, TLG Capital Announce $75m First Close Of African Private Credit Fund to Support SMEs
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital today announced the first close...
Afreximbank Launches $3 Billion Revolving Intra-African Oil Import Financing Programme
To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due...
NDIC Begins Payment To Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation, NDIC, has commenced payment of N46.6 billion in liquidation dividends to depositors of the defunct Heritage Bank. According...
