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Money
Afreximbank Returns to International Markets, Raises Over $800m
BY NKECHI NAECHE-ESEZOBOR—-The African Export-Import Bank (Afreximbank) has disclosed that it successfully raised over $800 million in international capital markets in 2025, despite...
Naira Slides to ₦1,389/$ as External Reserves Fall to $49.18bn
BY NKECHI NAECHE-ESEZOBOR—The Naira weakened to ₦1,389 per dollar, down from ₦1,382.75/$ recorded before the Easter break, amid continued pressure in Nigeria’s foreign...
Nigerian Banks Raise ₦4.65 Trillion as CBN Ends Recapitalisation Drive
Nigerian banks have successfully raised a total of ₦4.65 trillion in fresh capital following the conclusion of the Central Bank of Nigeria’s (CBN)...
Lagos Taxpayers Get Two-Week Extension for Annual Returns Filing
The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing of Individual annual tax returns by two weeks, from April...
Nigeria’s Capital Inflows Hit $6.44bn in Q4 2025
BY JANE OBIOMA ( ABJ)—Nigeria’s total capital importation rose to $6.44 billion in the fourth quarter of 2025, reflecting a 26.61% increase from...
Court Ruling Won’t Affect Union Bank Operations, Says CBN
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN), has said the recent court ruling will not affect the operations or financial stability of...
Nigeria’s Inflation Eases Slightly to 15.06% in February – NBS
BY NKECHI NAECHE—The National Bureau of Statistics (NBS) has revealed that Nigeria’s headline inflation eased slightly from 15.10% in January 2026 to 15.06%...
Tinubu Swears In Taiwo Oyedele as Minister of State for Finance
President Bola Tinubu on Monday swore in Mr Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, as...
