Finance

CBN Raises Benchmark Interest Rate To 27.50%

The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate by 25 basis points to 27.50% from…

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AGF Calls For Transparency, Accountability In Governance

The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, has called for the entrenchment of transparency and accountability in…

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FAAC: FG, States, LGCs Share N1.4Trn As October Revenue

A total sum of N1.411 trillion, has been shared to the Federal Government, States and the Local Government Councils, as…

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CBN Cautions On Use Of Fake SWIFT Messages

The Central Bank of Nigeria (CBN) has warned the general public to desist from the use of fake SWIFT messages…

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CBN Alerts Nigerians On Fraudulent Contract, Project Funding Claims

The Central Bank of Nigeria (CBN) has alerted the general public to beware of fraudsters purporting to be in receipt…

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Afreximbank Grows Net Interest Income To $1.3Bn In Nine Months

African Export-Import Bank (Afreximbank) has released the consolidated financial statements of the Bank and its subsidiaries, for the nine months…

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CBN Threatens To Sanction Banks Linked To Cash Hawkers

The Central Bank of Nigeria (CBN) has vowed to sanction any Deposit Money Bank (DNB) found engaging in cash hoarding,…

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Access Bank Named Only Nigerian Company On Forbes 2024 World’s Best Employers List

Access Bank Plc has been named as the only Nigerian company on the 2024 World’s Best Employers List by Forbes.…

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FEC Approves N47.9Trn Budget Estimate For 2025

The Federal Executive Council (FEC) has approved a proposed budget of N47.9 trillion for the year 2025. This was part…

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NDIC Begins Sales Of Defunct Heritage Bank Properties

The Nigeria Deposit Insurance Corporation (NDIC) said it would commenced the sales of landed properties and chattels of the defunct…

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