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Money
FG, States, LGs Shared N2.2tn Sept Revenue – FAAC
The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.103 trillion among the federal, state, and local governments as allocation...
Stanbic IBTC Bank, LOXEA BYD forge alliance for Electric Vehicle Financing
In a strategic move to advance Nigeria’s shift toward sustainable transportation, Stanbic IBTC Bank has announced a partnership with LOXEA Nigeria, the exclusive...
CBN, Bank Of Angola Sign MoU On Technical Cooperation
BY NKECHI NAECHE-ESZOBO ( WASHINGTON D.C)—In an effort to enhance bilateral cooperation and technical exchange, the Central Bank of Nigeria (CBN) and the...
UBA Unveils White Paper For Africa’s Economic Growth, Eyes Untapped Domestic Capital
The United Bank for Africa (UBA) has launched white paper aimed at mobilising domestic capital across Africa to boost development financing and reduce...
Nigeria’s Inflation Drops To 18.02% In September, Lowest In Three Years
BY NKECHI NAECHE-ESEZOBOR ( WASHINGTON D.C.)— Nigeria’s headline inflation rate fell for the sixth consecutive month in September 2025, easing to 18.02 percent,...
Senate Confirms Amupitan As INEC Boss
The Nigerian Senate on Thursday confirmed Joash Amupitan as the new Chairman of the Independent National Electoral Commission (INEC). Amupitan, a professor of...
Nigeria Backs Climate Resilience Through Green Bonds, Reforms
Nigeria is intensifying efforts to embed climate resilience into its fiscal and economic framework through innovative financial instruments and policy reforms, the Minister...
Nigeria’s Trade Surplus Rises To 6% — CBN
NKECHI NAECHE-ESEZOBOR (WASHINGTON DC)-Nigeria’s trade surplus has increased to 6% of the nation’s Gross Domestic Product (GDP) and is expected to remain stable...
