News at the speed of light
Senator Enyinnaya Harcourt Abaribe, representing Abia South, has refuted claims that he received N500 million from the 2024 budget, asserting that he only received N266 million for constituency…
The Central Bank of Nigeria (CBN) conducted a successful auction on March 13, 2024, selling N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities. The strong…
The Nigerian government has enlisted top global investment banks such as Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., alongside Standard Chartered Bank and Chapel…
In 2023, Nigeria witnessed a significant surge in its foreign trade, reaching a remarkable total of N71.88 trillion, marking a substantial 37.2% increase compared to the N52.38 trillion…
The Central Bank of Nigeria (CBN) has announced a remarkable 433% increase in Diaspora remittances, soaring to $1.3 billion in February from $300 million in January. According to…
Nigeria’s external debt has seen a significant surge, reaching N28 trillion, according to recent findings. This increase is attributed to the devaluation of the Nigerian naira against the…
Data from the Nigerian Exchange (NGX) has revealed a significant decline in foreign participation in the Nigerian equities market, dropping to 8.15% in January 2024. This marks a…
The implementation of a new Expatriate Employment Levy policy is set to impose significant penalties on companies found in breach, with fines amounting to N3 million for each…
In a significant move aimed at strengthening regulatory oversight and restoring confidence in the foreign exchange market, the Central Bank of Nigeria (CBN) has announced the revocation…
Tensions have arisen between the Federal Government and workers’ unions over the anticipated implementation of the Steve Oronsaye report, which aims to rationalize government agencies and parastatals. While…
