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Zainab Ahmed: Infrastructure financing solely by government unsustainable

    Zainab Ahmed: Infrastructure financing solely by government unsustainable

Zainab Ahmed, minister of finance, budget and national planning, says it is unsustainable for public projects to be solely financed by government. Yunusa Abdullahi, Ahmed’s spokesperson, quoted the minister as

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‘Crypto trading, illegal forex transactions’ — CBN lists ‘infractions’ of Risevest, Bamboo

    ‘Crypto trading, illegal forex transactions’ — CBN lists ‘infractions’ of Risevest, Bamboo

On Tuesday, the federal high court sitting in Abuja granted the request of the Central Bank of Nigeria (CBN) to freeze accounts belonging to some technology trading platforms offering local

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CBN: We’re working with EFCC, police to arrest people who spray naira notes at parties

    CBN: We’re working with EFCC, police to arrest people who spray naira notes at parties

The Central Bank of Nigeria (CBN) has warned against spraying naira notes at social functions, describing it as an “unpatriotic practice”. The apex bank, in a statement on Tuesday, said

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‘Your money is safe, accessible’ — Bamboo, Risevest react to CBN freeze order

    ‘Your money is safe, accessible’ — Bamboo, Risevest react to CBN freeze order

Fintech companies on the receiving end of fresh action by the Central Bank of Nigeria (CBN), say investors’ monies are safe and accessible. On Tuesday, TheCable reported that the CBN

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Air Peace launches inaugural flight to Ibadan

    Air Peace launches inaugural flight to Ibadan

Air Peace has launched its inaugural flight to Ibadan, Oyo state capital, thereby expanding its operation within the country. The

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CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

    CBN secures order freezing Risevest, Bamboo accounts over ‘illegal FX transactions’

A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts

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Water project: AfDB debars Nigerian company for 18 months over ‘fraudulent practices’

    Water project: AfDB debars Nigerian company for 18 months over ‘fraudulent practices’

The African Development Bank Group (AfDB) has announced 18-month debarment of Sargittarius Nigeria Limited, an engineering company, and its affiliates,

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Nigeria’s inflation rate slows 17.38% in July — fourth consecutive decline in 2021

    Nigeria’s inflation rate slows 17.38% in July — fourth consecutive decline in 2021

The consumer price index (CPI), which measures the rate of change in prices of goods and services, moderated for the

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Multiple taxation causing high mortality rate of SMEs in Nigeria, says Osinbajo

    Multiple taxation causing high mortality rate of SMEs in Nigeria, says Osinbajo

Vice-President Yemi Osinbajo says a large number of small and medium-sized enterprises (SMEs) in Nigeria collapse due to the payment

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‘Reduction in foreign portfolio inflows, low remittances’ — CBN explains naira devaluation

    ‘Reduction in foreign portfolio inflows, low remittances’ — CBN explains naira devaluation

The Central Bank of Nigeria (CBN) says the coronavirus pandemic affected stability in the exchange market. Edward Adamu, CBN deputy

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