Spotlight

Nigeria's proposed windfall tax on foreign-currency revaluation gains of Nigerian banks could generate up to 0.3% of the country's Gross...

The Central Bank of Nigeria (CBN) has sold one-year Treasury Bills (T-Bills) at a stop rate of 22.1% during its...

Italian Oil Major, Eni, said it has received the approval of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to sell...

Nigerians spent $38.17 million on foreign education expenses between January and March 2024. 

The Nigerian senate yesterday passed the amendment bill of the 2023 finance act and increased the windfall levy on banks foreign...

The Central Bank of Nigeria (CBN) monetary policy committee has raised interest rate by 50 basis points from 26.25% to...

Three major Nigerian banks—GTCO, Access Holdings, and Fidelity Bank—are set to allocate a total of N186 billion ($244 million) from...

The naira posted impressive gains against the haven currency amid increased inflows from the CBN, recording its best gains since...

The Central Bank of Nigeria (CBN) has reported a 39% increase in inflows through International Money Transfer Operators (IMTOs) for...

  Debt service costs have consumed about 74% of the federal government’s retained revenue in the first quarter of 2024.