Aggrieved customer sues First Bank after N550 million was siphoned out of his account
A businessman, Eke Agbai Eke has dragged one of Nigeria’s oldest bank, First Bank to Court over what he described
Read more
CBN
Nigeria’s passenger car imports drop by 14.3% in 2024 as inflation, naira depreciation affect demand & skyrocketing cost
Nigerians imported fewer passenger cars in 2024 as rising inflation and the sharp depreciation of the naira made foreign exchange
Read more
Chatham House, London warns Tinubu against strengthening naira & lowering inflation as depreciation is more competitive
Chatham House, a United Kingdom (UK) international affairs policy think tank, has warned the Nigerian government against strengthening the naira,
Read more
Customers cry & groan as banks begin implementation of new ATM fees of N100 per transaction
Banks have commenced implementation of the new Automated Teller Machine (ATM) transaction fee charge on customers following the Central Bank
Read more
Stop giving loans to Nigeria as they are not accountable to citizens—-NLC warns IMF, World Bank
The Nigeria Labour Congress (NLC) chairman, Joe Ajaero, over the weekend in Washington DC, United States told the International Monetary
Read more
Federal Government has supported Naira from falling with $8 billion—Renowned Economist Rewane
The Federal Government has spent approximately $8 billion in an attempt to stabilize the naira amid ongoing economic pressures. This
Read more
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)
Read more
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
Read more
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
Read more
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
Read more