The Federation Account Allocation Committee (FAAC) has decided not to directly disburse statutory monthly allocations to the country’s 774 local governments this month due to their...
The Nigeria Police have indicated Sterling Bank in an alleged case of money laundering, fraudulent deductions, and other financial misconduct by its staff. This was disclosed...
The naira continued its downward trajectory in value, coinciding with a decline in Nigeria’s external reserves. This comes as banks resumed selling Business and Personal Travel...
In a significant step towards curbing terrorism, over 100 financiers of terror activities have been successfully prosecuted and convicted in Nigeria over the last two years....
The 774 local governments in Nigeria are set to open dedicated accounts with the Central Bank of Nigeria (CBN) to receive direct allocations from the Federation...
The Central Bank of Nigeria (CBN) has approved the appointment of Felicia Obozuwa as the executive director of Corporate Services and Service Management at First City...
The Federal Government has addressed recent comments made by the 16th Emir of Kano, Muhammadu Sanusi II, concerning the economic reforms implemented under President Bola Ahmed...
The 16th Emir of Kano, Muhammadu Sanusi II, has stated that he will no longer offer advice to President Bola Tinubu’s administration on addressing Nigeria’s economic...
Nigeria’s foreign reserves have declined by $359.91 million in just one week, falling from $40.91 billion on January 7, 2025, to $40.56 billion by January 13,...
The Nigerian Communications Commission (NCC) has issued a directive to telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes of nine financial institutions due...
