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)
Read more
CBN
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
Read more
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’
Read more
CBN fines Zenith Bank & 8 other banks ₦1.350 billion over ATMs cash scarcity
The Central Bank of Nigeria (CBN) has imposed fines totaling ₦1.35 billion on nine Deposit Money Banks (DMBs) for failing
Read more
NBS includes prostitution, drug peddling & other illegal activities in GDP calculation for Tinubu
The National Bureau of Statistics, NBS, yesterday said that illegal and hidden activities like prostitution and drugs peddling will now
Read more
Retired military personnel block finance ministry with canopies & chairs over unpaid entitlements
Retired military personnel on Tuesday barricaded the entrance to the Ministry of Finance in Abuja with canopies and chairs, demanding
Read more
Disgruntled & Disengaged 1000 CBN staff members sue & demand for N30 billion compensation
Former staff members of the Central Bank of Nigeria (CBN) who were dismissed in a mass layoff last year, have
Read more
Nigeria’s debt to hit N187.8 trillion in 2025 from N77 trillion in 2023 amid intense & rising borrowing costs
Nigeria’s debt stock will reach N187.79 trillion this year as the country grapples with a rising borrowing cost, naira depreciation
Read more
Money lending Loan App posts 87 debtors’ photos online… sparking of controversy & threat of legal actions
A loan app, Delinquent Loans, has sparked controversy after sharing photos of 87 debtors online in a bold attempt to
Read more
1,000 sacked CBN staff left voluntarily with payment of full benefits and not forced to quit —CBN Governor explains
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso on Friday said that staff who left the apex
Read more