Money

459 Articles
Money

Over N4trn Debt: AMCOM, AMPS Strategies To Tighten Noose On Obligors

As part of the renewed strategy of the executive management of the Asset Management Corporation of Nigeria (AMCON) currently led by Mr Gbenga...

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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...

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‎ ‎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 ‎...

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‎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...

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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...

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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...

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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...

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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...