The Central Bank of Nigeria has indicated that cash payments will naturally decrease in 2025. The apex bank made the indication in its Payments Vision 2025...
Barely a week after the National Assembly rejected President Buhari’s request to restructure the N23.7tn Ways and Means advances, the President has urged the National Assembly...
A senate ad-hoc committee has urged the Central Bank of Nigeria and NIRSAL Micro Finance Bank to let go of the recovery of credits given to...
Federal Government borrowed N6.31tn from the CBN through Ways and Means Advances in 10 months taking borrowings from N17.46tn
The National Assembly has passed the 2023 appropriation bill after raising the N20.51 trillion proposed bill presented by President Muhammadu Buhari to N1.32 trillion, to N21.82...
Guaranty Trust Bank (GTBank) has joined the growing list of Nigerian banks that have suspended dollar transactions on their naira debit cards. The bank made this...
The Nigerian Senate has urged the Central Bank of Nigeria (CBN) to extend the withdrawal of old currency notes from circulation to June 30, 2023. Recall...
The Central Bank of Nigeria (CBN) has disclosed that at least 6,047 Bank Verification Numbers (BVNs) of bank customers have been placed under watch for fraudulent...
The supplementary budget is expected to be financed through domestic borrowing
Nigeria’s total public debt rose by 2.9% q/q or N1.3trn to N44.1trn at end-September ’22 from N42.8trn at endJune ’22.
