The Central Bank of Nigeria (CBN) says it has kicked off the development of a new strategic framework for the country’s payments ecosystem with the launch of the Nigeria Payments System Vision 2028 (PSV 2028), setting the stage for a more
Minister of finance and coordinating minister of the economy Mr Wale Edun has laid to rest the controversy surrounding the 5% petroleum surcharge which has stirred negative reactions across the country. Mr Edun in a brief session with members of
The United Nations World Food Programme (WFP) say it has welcomed recent contributions from donors since warning that operations would be forced to shut down in July. This includes new funding from the United States of America to support emergency food and nutrition
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to establishing macroeconomic stability, fortifying the banking sector, and establishing Nigeria as a top investment destination. Mr. Cardoso stated during a fireside chat moderated by
Chairman of the Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, on Monday, challenged global leaders to tackle the rising cross-border crimes that have disrupted revenue mobilisation and economic growth. Adedeji threw the challenge while delivering a keynote address at
Governor Olayemi Cardoso of the Central Bank of Nigeria (CBN) has stressed the importance of deepening institutional ties and knowledge-sharing with the central bank of Brazil, pointing to opportunities in payments systems, fintech, and mobile money. Olayemi Cardoso, said so
China Chengxin International Credit Rating Co., Ltd (CCXI) has affirmed African Export-Import Bank’s (Afreximbank) AAA issuer credit rating with a stable outlook. The high rating reflects CCXI’s assessment of Afreximbank’s strengths including high strategic positioning, sound risk management system, flexibility
The Budget Office of the Federation has said that a provisional Budget Performance Report for FY 2024 will be released by the end of September 2025 even as it continues to adjust to budgetary changes that has stalled the publication of quarterly
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the importance of accountability and transparency as critical tools for strengthening investor confidence in Nigeria’s capital market. Dr. Agama stated this while delivering a goodwill message
The Federation Account Allocation Committee (FAAC) has shared a total sum of N2.001 trillion, being July 2025 Federation Account Revenue to the Federal Government, States and the Local Government Councils. The revenue was shared at the August 2025 FAAC meeting
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