Oyedele inaugurates committee to draft new VAT order
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has inaugurated an Inter-Ministerial Committee to develop a new Value…
Finance
INEC cannot be independent without financial autonomy — Amupitan
The Chairman of the Independent National Electoral Commission, Prof. Joash Amupitan, has said the electoral umpire cannot achieve full independence without financial…
Private sector kicks against proposed pension contribution hike
The Organised Private Sector of Nigeria has expressed deep concern over the recent announcement by the Director-General of the National Pension Commission…
NELFUND begins payment of June, July student allowances
The Nigerian Education Loan Fund has commenced the payment of June and July upkeep allowances to student beneficiaries across the country. The…
World Bank to phase out lending to China by 2031
The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the organization’s…
Private sector credit rises to ₦83.26trn in June
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, according to the latest data…
Nigeria’s money supply rises to ₦133.25trn in June
Nigeria’s broad money supply rose to N133.25 trillion in June 2026 from N129.21 trillion in May, even as the Central Bank of…
Naira trades at ₦1,371/$ in official FX market, ₦1,410/$ in parallel market
The naira traded within a relatively stable range against the United States dollar on Thursday, July 23, 2026, across both the official…
₦100, ₦200 notes scarcity caused by digital payments adoption — Cardoso
The Central Bank of Nigeria says lower-denomination naira notes are currently scarce due to growing adoption of digital payments and changing currency…
FG hails Kano gov for committing 32% of budget to education
The Federal Government has lauded the Kano State Government for allocating 32 per cent of its budget to education. The News Agency…
Naira trades at ₦1,381.68/$ at official FX market
The naira exchanged at about N1,381.68 to the United States dollar at the Nigerian Foreign Exchange Market on Wednesday, July 22, 2026,…
Experts expect CBN to hold MPC rate at 26.5%
Organised Private Sector leaders and economists have projected that the Central Bank of Nigeria’s Monetary Policy Committee will most likely retain the…