The Debt Management Office (DMO) has announced plans to raise N300 billion for the Federal Government through the March 2025 bond auction. The decision is part of a broader plan to raise N1.8 trillion...
Nigeria’s Central Bank (CBN) has reinstated Jimoh Musa Itopa, a director in the Payments System Management Department (PSMD). His return signals a significant leadership change in the crucial departme...
The Federation Accounts Allocation Committee (FAAC) disbursed an unprecedented N15.26 trillion to federal, states and local governments in 2024, representing a historic high in revenue distribution an...
Nigeria’s inflation rate eased for the second consecutive month in February, raising hopes that price pressures may have peaked and could continue to moderate in the coming months. The National Bureau...
Transnational Corporation Plc (Transcorp) has delivered a highly improved financial performance for the year ended December 31, 2024, reinforcing its position as one of Nigeria’s most formidable cong...
Nigeria’s non-interest bank, TAJBank, has announced plans to issue a N20 billion Mudarabah Sukuk bond as part of its strategy to bolster its Additional Tier 1 capital. The announcement was made by the...
With Africa’s total debt hitting $1.2 trillion, Afreximbank has said that governments on the continent must embrace fiscal discipline, noting that from 2027, citizens will begin to see a significant r...
Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous companies after securing all the regulatory green lights. In January 2024, the Re...
The Central Bank of Nigeria (CBN) Inflation Expectations Survey (IES) for February 2025 was carried out from the NBS establishment frame aand the NPC National list of Enumeration Area (EAs) among sele...
The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. ...
