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Economy & Finance

Savings bonds

FG Targets N1.8tn from Bond Market in Q1, Introduces Two Savings Bonds

Nigeria targets N1.8tn from the bond market in Q1 2025, introduces two savings bonds with ...
  • 17 January 2025
  • Business
GDP rebasing

FG Defends GDP Rebasing Plan as CBN Postpones January MPC Meeting

Nigeria plans to rebase GDP to capture emerging sectors and improve economic planning. CBN delays ...
  • 17 January 2025
  • Business
Equity market

Nigerian Equity Market Rebounds with N54bn Gain After Three-Day Decline

Nigerian equity market rebounds with a N54bn gain after three-day losses. NGX All-Share Index climbs ...
  • 17 January 2025
  • Business
EFCC

Oba Otudeko Faces EFCC Over Alleged ₦12.3bn Fraud Amid Reports of Sudden Exit

EFCC moves to arraign Oba Otudeko over alleged ₦12.3 billion fraud amid reports of his ...
  • 17 January 2025
  • Business
CBN

CBN Unveils Digital Tools to Revolutionize Payment Processes

The CBN has introduced DocFlow and the MDA Naira Payment Solution to simplify financial transactions ...
  • 16 January 2025
  • Business
Court order

First Bank Secures Court Order to Seize Oil Vessel Over $225 Million Debt

First Bank of Nigeria secures a court order to seize General Hydrocarbons Limited’s oil vessel ...
  • 16 January 2025
  • Business
Oil Dispute

First Bank Faces Legal Heat Over $225 Million Oil Sector Dispute

First Bank and General Hydrocarbons Limited are locked in a $225 million legal dispute over ...
  • 15 January 2025
  • Business
cash shortage

CBN Fines Nine Banks ₦150 Million Each Over ATM Cash Shortage

The CBN fines nine banks ₦150 million each for failing to provide cash at ATMs, ...
  • 15 January 2025
  • Business
CBN

CBN Suspends Extension of Export Proceeds Repatriation

The CBN suspends the extension of export proceeds repatriation deadlines, mandating stricter compliance with export ...
  • 11 January 2025
  • Business
CBN

CBN Unveils Non-Resident Accounts to Boost Diaspora Investments

The CBN launches Non-Resident Nigerian accounts to attract diaspora remittances and foster local investments in ...
  • 11 January 2025
  • Business
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The average woman consumes 6 lbs of lipstick in her lifetime.

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