NAIRA STRENGTHENS BELOW N1,600/$1 ON CBN INTERVENTIONS, MARKET CONFIDENCE
By Aishat Momoh. O. The Nigerian naira continued its upward trajectory on Wednesday, trading below N1,600 per dollar in the parallel market, buoyed by sustained...
TINUBU TO SIGN FOUR TAX REFORM BILLS INTO LAW THURSDAY TO TRANSFORM NIGERIA’S REVENUE FRAMEWORK
By Aishat Momoh. O. President Bola Ahmed Tinubu will on Thursday, June 27, 2025, sign into law four landmark tax reform bills aimed at overhauling...
LAGOS FIRST LADY ADVOCATES URBAN AGRICULTURE FOR WOMEN, HOUSEHOLDS
By: Sefiu Ajape The First Lady of Lagos State, Dr. (Mrs.) Ibijoke Sanwo-Olu has encouraged women across the state to adopt urban agriculture practices within...
CBN SUSPENDS DIVIDEND PAYOUTS, BONUSES, AND FOREIGN INVESTMENTS FOR SEVEN MAJOR BANKS OVER CAPITAL ADEQUACY CONCERNS
By Aishat Momoh. O. In a sweeping regulatory move aimed at strengthening the Nigerian banking sector, the Central Bank of Nigeria (CBN) has directed...
G7 LEADERS URGE TRUMP TO BACK DOWN ON TRADE WAR, WARN OF GLOBAL ECONOMIC FALLOUT
Agency report World leaders at the Group of Seven (G7) summit in Canada on Monday urged U.S. President Donald Trump to reconsider his escalating trade...
JUST IN: NIGERIA’S INFLATION DROPS TO 22.97%
Agency report Nigeria’s inflation rate fell to 22.97% in May 2025, a decline from 23.71% recorded in April, indicating a 0.74 percentage point decline. This...
REPS SUMMON FINANCE MINISTER, CBN GOV OVER FISCAL ACT VIOLATION, AUDIT INFRACTIONS
By: Sefiu Ajape The Joint House of Representatives Committees on Public Accounts and Public Assets have summoned the Minister of Finance, Wale Edun, and the...
CBN DEBUNKS RUMOURED REPORT ON BDC RECAPITALISATION DEADLINE
Agency Report The Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the deadline for the...
DANGOTE HINTS AT ‘MAJOR SHAKEDOWNS’ IN NIGERIA’S OIL SECTOR
Agency report The president of the Dangote Group and founder of the Dangote Refinery, Aliko Dangote, has signaled plans for significant changes in Nigeria’s downstream...
FG TO LOSE $4M WORLD BANK LOAN OVER FAILED AUDIT ON FIRS, CUSTOMS OPERATIONS
By Aishat Momoh. O. The Federal Government is on track to lose $4 million in World Bank funding after failing to meet key audit requirements...