Finance
Enugu Still Awaiting 13% Oil Revenue, Says Governor Mbah
Gov. Peter Mbah of Enugu State, has called on the Federal Government to include the state in the disbursement of the 13 per cent oil revenue share. The governor said…
Banks Encouraged to Employ Sign Language Interpreters by Foundation
A non-governmental organisation, Sharing Education and Learning for Life (SELL), has called on Nigerian banks to employ sign language interpreters to improve service delivery and promote inclusivity for Persons With…
Firm Urges Banks to Adopt Multi-Biometric Authentication to Combat Insider Fraud
Seamfix, a leading cybersecurity management firm, has called on Nigerian banks to adopt Biometric Multi-Factor Authentication (MFA) as a strategic solution to eliminate insider fraud in the financial sector. The…
POWER CRISIS | FG TURNS TO BANKS FOR 23BILLION DOLLARS LIFELINE
In a determined effort to put an end to Nigeria’s persistent power supply challenges, the Federal Government has initiated high-level discussions with commercial banks and potential investors to secure funding…
Bilateral Agreement | CBN Warns Trade Imbalance Threatening Nigeria-China Currency Swap Deal
The Central Bank of Nigeria (CBN) has expressed serious concerns over the persistent trade imbalance between Nigeria and China, warning that the
PROJECTIONS FITCH PROJECTS | NIGERIA’S EXTERNAL DEBT SERVICE TO HIT 5.2 BILLION DOLLARS IN 2025
Fitch Projects Nigeria’s External Debt Service to Reach $5.2 Billion in 2025 Global credit rating agency Fitch has projected that Nigeria's external debt service obligations will rise to $5.2 billion…
NEWS | FAAC Allocation Drops for Third Consecutive Month, Hits ₦1.57 Trillion
The Federation Account Allocation Committee (FAAC) has reported a third consecutive monthly decline in revenue disbursements, with the federal, state, and local governments sharing a total of ₦1.578 trillion for…
Really? | Can Nigerians Still Withdraw Their Money on CBEX? Here’s What You Should Know
Yes, Nigerians can still withdraw their money from CBEX, but recent regulatory updates have introduced new
