Finance

We’ll ensure Yahaya Bello faces trial no matter what it takes — EFCC chair

The chairman of the Economic and Financial Crimes Commission, Mr.Ola Olukoyede, insisted yesterday that the anti-graft agency would do everything humanly possible to bring the immediate past governor of Kogi…

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Bamidele Demands Justice, Calls for Greater Protection of Women and Children

Senate Leader, Opeyemi Bamidele, has called for stronger legal protection and improved access to justice…

Makinde’s Government Loses Three More Appointees to Resignation

Three political appointees have resigned from the Oyo State Government, marking another round of departures…

AI Not a Threat to Democratic Process, Says INEC Chairman

The Chairman of the Independent National Electoral Commission, Professor Joash Amupitan, has said artificial intelligence…

Lagos-Ibadan Expressway Crash Claims Life of Footballer

A yet-to-be-identified footballer has died in a road accident involving a Mercedes-Benz C300 and a…

Oyo Govt Supports Fire Victims, Promises Alternative Shops As It Clears Illegal Structures At Biibco

The Oyo State Government has reaffirmed its commitment to protecting lives, businesses and investments at…

Kimi Antonelli Is F1’s World Champion

Kimi Antonelli has made Formula 1 history, clinching his first world title and becoming the…

Just for You

Trump Sends Recovery Message To Pope Leo XIV After Cancer Surgery

US President Donald Trump has wished Pope Leo XIV a speedy recovery after the pontiff…

Makinde Faults Tinubu’s Economic Reforms, Says Poverty Should Shape 2027 Election Decision

Oyo State Governor, Seyi Makinde, has criticised the Federal Government’s economic reforms, arguing that rising…

Tinubu Warns APC Leaders To Deliver Votes Ahead Of 2027 Election

Bola Ahmed Tinubu has warned governors, lawmakers and other members of his Presidential Campaign Council…

Tinubu Orders Rescue of Abducted Persons, Destruction of Terrorist Camps Nationwide

President Bola Tinubu has directed heads of security agencies to rescue all abducted persons and…

Lasted Finance

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…

Banks recapitalization will increase loans, advances — Proshare

Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization.…