Nigeria’s Home Finance Department, a division of the Ministry of Finance, Budget, and National Planning, has secured a $5.6 million loan from the World Bank. The...
A probe led by Special Investigator Mr. Jim Obazee, appointed by President Bola Tinubu, has exposed a scheme involving the alleged fraudulent withdrawal of $6.3 million...
In response to the ongoing Naira scarcity crisis, the Central Bank of Nigeria (CBN) has issued a stern warning, threatening sanctions against banks and Point of...
The Federal Workers Forum (FWF) has voiced concerns over the discontinuation of the N35,000 wage award initially granted by the Federal Government to alleviate the economic...
In a recent announcement during the inaugural Nigeria Customs Service Board meeting in Abuja, Minister of Finance, Wale Edun, shed light on the Federal Government’s robust...
As the festive season unfolds, Nigerians are confronted with the grim reality of a challenging yuletide, marked by a staggering inflation rate of 28.20% in November...
The Naira demonstrated resilience by appreciating to N1,240 per dollar in the parallel market, surpassing last Friday’s rate of N1,250 per dollar. Additionally, the official Nigerian...
The Nigeria Labour Congress (NLC) has issued a stern warning to the Federal Government, cautioning against heeding the World Bank’s suggestion to raise the pump price...
The Naira experienced a significant depreciation against the US dollar in Wednesday’s forex market session. According to official data released by FMDQ, the Naira opened at...
The World Bank has asserted that the Nigerian federal government may still be shouldering petrol subsidies due to non-cost-reflective fuel prices. The institution suggests an increase...