The public accounts committee of house of representatives has directed Remita, a financial technology firm, to refund a total of N182.77 billion withheld from the treasury single...
Following a motion of urgent public importance, the House of Representatives has passed a resolution calling for the suspension of the increase in Automated...
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, its benchmark interest rate at 27.5%. Governor CBN, Mr Olayemi Cardoso,...
About 75% of businesses have identified high interest rates as their primary operational constraint in January 2025. This is according to the Central Bank...
The 774 local governments are to open dedicated accounts with the Central Bank of Nigeria (CBN) for the direct disbursement of allocations to them from the...
Nigeria’s headline inflation rate is projected to average 30.5% year-on-year in 2025 and settle at 27.1% by December 2025. According to the latest NESG-Stanbic...