Money

463 Articles
Money

FCMB Secures National Banking Licence, Targets International Status

FCMB Group Plc has secured a national banking licence for its flagship banking subsidiary after completing a major capital raise, positioning the lender...

Money

Nigeria’s CPI Shows Moderation as Inflation Falls to 15.15%

BY GABRIEL MICHEAL—Nigeria’s headline inflation eased to 15.15 per cent in December 2025, signaling slowing price pressures and early signs of economic stabilisation,...

Money

Budget Office Clarifies NEDC Allocation, Dismisses ₦246bn Salary Claims

Budget Office Corrects False Narrative on NEDC Allocation The Budget Office of the Federation has dismissed claims that the North East Development Commission...

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Nigeria’s Economic Activity Hits Five-Year High as PMI Rises to 57.6 in December

BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite...

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Nigeria Posts $4.6bn Balance of Payments Surplus in Q3 2025 — CBN

BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria (CBN), has said Nigeria has recorded an overall Balance of Payments (BOP) surplus of $4.60 billion in...

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New Tax Laws Will Begin Jan 1, 2026-Tinubu

The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1,...

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Makinde signs N892b appropriation bill into law

Oyo State governor, ‘Seyi Makinde, has declared that the state’s 2026 Budget has deemphasised consumption and is focused on increasing production, as that...

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No Bank Is Shutting Down, Nigerian Banks Remain Safe and Sound
- ACAMB

The Association of Corporate Communication & Marketing Professionals in Banks (ACAMB) has dismissed as false and misleading claims that 12 Nigerian banks would...