Policy

Fewer than 15 Federal Government ministries, departments, and agencies (MDAs), including the Presidency, and their associated agencies have allocated a staggering N8,997,097,623 billion to welfare packages out of the over...

The National Identity Management Commission (NIMC) says it is working with the Nigerian Interbank Settlement System (NIBSS) to deliver the new national identity card to applicants. The card will be...

The Nigeria Deposit Insurance Corporation (NDIC) has declared its support for the Central Bank of Nigeria (CBN) drive to recapitalize banks to boost the nation’s economic resiliency. The Managing Director...

KPMG, a global audit, tax, and advisory services company, has stated that the recent decision by the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) to...

The total inflows into the foreign exchange (forex) market rose by about 42 per cent last month to hit its highest level in the past five years as domestic and...

President Bola Tinubu has approved the appointment of Engineer Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation, CREDICORP. A statement issued by the presidential...

The Central Bank of Nigeria (CBN) has intensified efforts to manage the money supply by conducting its first Open Market Operations (OMO) auction in April 2024 and selling N676.65 billion...

The Nigerian Customs Service (NCS) has expressed concerns over the multiple adjustments of customs import duty rates which have affected the volume of transactions in the first quarter of 2024....

The Nigeria Customs Service (NCS), yesterday, said in the first quarter of 2024, it demonstrated remarkable performance in revenue collection, collecting a total revenue of N1,347,675,608,972.75. Comptroller General of NCS,...

In about two years of tariff freeze in the power sector, the Federal Government on Wednesday, 03 March increased the rate paid per kilowatt hour (kWh) of electricity from about...