Money

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Money

Nigeria’s Inflation Rate Rises to 15.69% in April 2026 – NBS

BY NKECHI NAECHE-ESEZOBOR—The National Bureau of Statistics (NBS), has said that Nigeria’s headline inflation rate increased to 15.69% in April 2026, when compared...

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CBN Introduces Revised Foreign Exchange Guide for Improved Market Efficiency

The Central Bank of Nigeria has introduced the fourth edition of its Foreign Exchange Handbook as part of efforts aimed at improving openness,...

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Reaffirms Commitment to Stronger Shariah Governance in Non-Interest Finance Sector

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening Shariah governance, regulatory clarity, and risk management within the...

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CBN Warns Against Rising State Debt

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has warned that reckless borrowing, uncontrolled spending and poor fiscal coordination by State Governments could...

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Senate Approves ₦2.2trn FCT 2026 Budget, Allocates 76% to Capital Projects

BY NKECHI NAECHE-ESEZOBOR—The Senate has approved the 2026 Federal Capital Territory (FCT) budget of ₦2.2 trillion, allocating approximately ₦1.7 trillion, representing 76 per...

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Afreximbank Targets Fuel Import Reduction with New Refinery Projects

BTNKECHI NAECHE-ESEZOBOR—The African Export-Import Bank plans to fund three new refineries in Nigeria to cut fuel imports and boost local production capacity. Senior...

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Lagos Tax Growth Rooted in Tinubu’s Reforms – LIRS Boss

BY NKECHI NAECHE-ESEZOBOR—The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Dr Ayodele Subair, has said the remarkable growth of tax...

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VP Shettima Demands Expansion Of PPP Pipeline To Meet Nigeria’s Economic Ambitions

The Federal Government has reaffirmed its commitment to unlocking the full value of national assets and attracting global capital. This is just as...