Finance
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₦246.77Bn To NEDC Not Salaries-only Allocation -Budget Office
The Budget Office of the Federation has clarified that the ₦246 billion captured in the2026 Budget for the North East…
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NDIC Declares ₦24.3Bn Liquidation Dividend To Depositors Of Closed Heritage Bank
The Nigerian Deposit Insurance Corporation (NDIC), has declared a second liquidation dividend of ₦24.3 billion to depositors of closed Heritage…
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Nigeria Records $4.60Bn BOP Surplus In Q3 2025 -CBN
The Central Bank of Nigeria (CBN) has announced that the country recorded an overall Balance of Payments (BOP) surplus of…
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Nigeria Records Strongest Economic Activity In Five Years
Economic activity in Nigeria peaked in December 2025, as the Composite Purchasing Managers’ Index (PMI) maintained its position above the…
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We’re Committed To Statutory Remittance Obligations -NDIC
The Nigeria Deposit Insurance Corporation (NDIC), has reaffirmed its commitment to fiscal and financial regulations, including the provisions of the…
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FG To Investors: Nigeria Not At War
The Federal Government of Nigeria has reassured investors, analysts, and multilateral partners that the country is not at war with…
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Afreximbank, Heirs Energies Sign $750m Deal To Boost Nigeria’s Domestic Energy Capacity
African Export-Import Bank (Afreximbank) and Heirs Energies Limited have announced a landmark US$750-million financing partnership designed to optimise Heirs Energy’s…
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NDIC, NIBSS Mull Partnership To Boost Depositors’ Reimbursement
The Nigeria Deposit Insurance Corporation (NDIC) and the Nigeria Inter-Bank Settlement System (NIBSS) Plc., are considering signing a Memorandum of…
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CBN Recommits To Macroeconomic Stability
The Central Bank of Nigeria (CBN), has reaffirmed commitment to nation’s reform agenda and macroeconomic stability. CBN Governor, Mr Olayemi…
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NDIC Commences Liquidation Of Aso Savings, Union Homes Savings
The Nigeria Deposit Insurance Corporation (NDIC), has commenced the liquidation process for Aso Savings and Loans Plc, and the Union…
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