Nigerian banks to borrow N1.2 trillion from CBN in one day due to liquidity and cash crunch
Nigerian Deposit Money Banks (DMBs) made a record single-day withdrawal of ₦1.2 trillion from the Central Bank of Nigeria’s (CBN)
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CBN
Tinubu jerks up 2025 budget to N54.2 trillion from N49.7 trillion…..jets out to France on private medical vist
President Bola Tinubu has raised the proposed 2025 budget from N49.7 trillion to N54.2 trillion, citing additional revenues generated by
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NYSC members to start receiving new N77k allowance approved since August 2024 by end of February
YD Ahmed, the director-general of the National Youth Service Corps (NYSC), says corps members will start receiving their new N77,000
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17 contractors pocketed N2.4 billion for 15 unattended projects—-BudgetIT Report
Tracka, the service delivery platform of BudgIT, has revealed that 17 contractors received N2.4 billion for 15 projects across nine
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Court orders arrest of Access Bank MD, others over acquisition & theft of property belonging to Obanikoro’s family
A Lagos State High Court judge, Justice Ibironke Harrison, has ordered the arrest of Access Bank’s Group Chief Executive, Bolaji
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Nigeria’s Foreign Reserves fall by $832.62 million in two weeks, biggest drop since April 2024—-CBN Report
This is according to data published by the Central Bank of Nigeria (CBN) on its website. Nairametrics observed that this
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Food prices soar & go astronomically up by 97% in one year…. South-East records highest increase – NBS Report
This is according to the latest Selected Food Price Watch for November 2024, published by the National Bureau of Statistics
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Tinubu increases Nigeria’s public debt by N8.02 trillion to N142.3 trillion in Quarter 3 of 2024—NBS Report
Nigeria’s total public debt rose to N142.3 trillion as of September 30, 2024, representing an increase of 5.97% (N8.02 trillion)
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Nigeria’s inflation rate jumps to 34.80% in December from 34.60%— NBS Report
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024. The
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Federal Government to distribute free N75,000 cash transfers to 70 million Nigerians by 2025
The Federal Government has announced plans to distribute N75,000 cash transfers to an estimated 70 million ‘poorest of the poor’
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