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The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians and the public to be cautious...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Obiora, testified that the bank’s board did not recommend the 2022 naira redesign to then-President...
National Security Adviser (NSA) Nuhu Ribadu has issued a firm warning against any actions that obstruct security efforts under President Bola Tinubu’s administration, pledging a zero-tolerance...
The Federal Government has announced plans to begin disbursing loans at single-digit interest rates to Small and Medium Enterprises (SMEs) by the third quarter of 2025....
The Federal Government has proposed a five percent excise duty on telecommunications services, gaming, and betting activities as part of a new bill aimed at overhauling...
The Federal Government’s efforts to reduce food prices through a zero percent duty and exemption from value-added tax on basic food items are facing serious setbacks,...
The House of Representatives has responded to the recent increase in petroleum product prices by demanding an immediate reversal of the hikes in petrol and cooking...
The Federal Government of Nigeria generated N103.7bn in revenue from Electronic Money Transfer Levies (EMTL) in the first half of 2024, marking a 7.55% increase compared...
The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria’s (CBN) fifth interest rate hike, raising...
The Central Bank of Nigeria (CBN) has begun the process of appointing new directors to replace those who were relieved of their positions, including several who...