Finance

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Obidient Movement Announces Alignment With Nigeria Democratic Congress (NDC)

The Obidient Movement has announced the next phase of its political engagement, declaring alignment with…

Lagos Court Clears EFCC Statement for Use in Emefiele Case

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday ruled…

AGF Fagbemi Declines to Intervene in ‘Justice Crack’ Bail Appeal

The Minister of Justice and Attorney General of the federation, Lateef Fagbemi SAN has reportedly…

LATSMA Meet Dispatch Riders In Bid To Curb Rampant Road Crashes

The Lagos State Traffic Management Authority, LASTMA, has intensified efforts to address the rising incidence…

Nomadic Politicians – A Poem by Bolutife Oluwadele

Ọ̀ga mi ṣojú mi wáí 🎼🎼🎷🎹 Ẹ̀rù rẹ é le bànìyàn 🎼🎼🎷🎹 Ọ̀ga mi pojú…

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PDP NEC Inaugurates Interim Committee Amid Leadership Dispute

Oyo State Governor, Seyi Makinde, has called on the Independent National Electoral Commission, INEC, to…

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Nigerian Government Cast Aside U.S Security Worries

The Federal Government has assured citizens and the international community that Nigeria remains safe, following…

Federal Government’s New Terror List Spark Calls for Prompt Action

The publication of 48 individuals and 12 entities allegedly linked to terrorism financing has renewed…

Artemis II Crew Returns Safely After Historic Lunar Mission

Astronauts on Artemis II have safely returned to Earth, bringing their landmark 10-day journey to…

Oyo Govt Warns Residents Against Blocking Drainages as Rains Intensify

The Oyo State government has issued a strong warning to residents on the need to…

Lasted Finance

Global stock markets plunge on US recession fears

Wall Street stocks deepened their losses Monday and Tokyo had its worst day in 13 years as panic spread across…

Foreign education forex allocation tumbles 83% — CBN

Nigerians spent $38.17m on foreign education between January and March 2024, according to data from the Central Bank of Nigeria’s…

Reconsider 70% forex windfall tax, stakeholders tell FG

Opposition to the imposition of a 70 per cent foreign exchange windfall tax on commercial banks rose yesterday with stakeholders…

FG’s deficit spending falls 29% to N2.83trn in Q1’24

The Federal Government  recorded a   29 percent year-on-year (YoY) decline in deficit spending to N2.83 trillion deficit in the first quarter…

NACCIMA, others kick as CBN hikes interest rate to 26.75%

The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…

CBN resumes dollar sales to BDCs, halts Naira depreciation

The Central Bank of Nigeria, CBN yesterday, announced the resumption of dollar sales to bureaux de change, BDCs, a development that reversed…

Illicit financial outflows cost Nigeria, others $50bn annually – Shippers’ Council

Nigeria and other African nations are losing $50 billion a year to illegal financial outflows, according to the Nigerian Shippers’…

Insurers’ assets hit N3.3trn as premium income rises by 51%

Despite the harsh operating business environment in the economy, insurance companies were able to grow their total assets by 36.9 per…

Global growth remains unchanged at 3% in 2024 – IMF

The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 per cent in 2024 and…

Poverty alleviation: Court orders Buhari’s minister to explain N729bn disbursement

Justice Dehinde Dipeolu of the Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management…