The Economic and Financial Crimes Commission (EFCC) has arrested former Speaker of the Plateau House of Assembly, Moses Sule, along with 14 other ex-lawmakers over alleged money laundering and abuse
Economy
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.659 trillion as revenue for May 2025 among the Federal Government, states, and local government councils. The allocation was
The Central Bank of Nigeria (CBN) has refuted reports suggesting an extension of the deadline for the recapitalisation of Bureau De Change (BDC) operators to 31 December. In a statement
Lagos, June 10, 2025. The Securities and Exchange Commission (SEC) has ordered all public companies and Registrars to stop treating dividends older than 12 years as “statute-barred”. The Commission issued
Prof. Zainab Duke-Abiola, wife of the late Chief MKO Abiola, has commended President Bola Tinubu for his economic reforms, which led to the full repayment of Nigeria’s $3.4 billion debt
The central parity rate of the Chinese currency Renminbi, or Yuan, weakened six pips to 7.1937 against the dollar on Wednesday. This is according to the China Foreign Exchange Trade
The Federal Government has stated that the recent decline in Nigeria’s headline inflation rate is a direct outcome of its reforms and targeted interventions, not a matter of chance. The
Several small business owners in the Federal Capital Territory (FCT) have raised alarm over the worsening state of electricity supply, saying it is forcing many of them to shut down
The Independent Media and Policy Initiative (IMPI) has rejected claims made by Dr Akinwumi Adesina, President of the African Development Bank (AfDB), regarding Nigeria’s Gross Domestic Product (GDP) per capita
The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has urged the Federal Government to prioritise credible valuation of national assets as a key strategy for attracting both local and
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