CBN Retains Monetary Policy Rate at 27.5%
CBN’s Monetary Policy Committee has maintained MPR at 27.5% after its 300th meeting on Tuesday. The Monetary Policy Committee (MPC)…
PAPSS Applauds CBN’s New Policy Streamlining Cross-Border Payment Documentation
PAPSS welcomes CBN’s circular streamlining documentation for cross-border transactions, enhancing seamless payment flows across African borders from Nigeria. The management…
Senate Passes Final Tax Reform Bills, Sets Up Harmonisation Committee
The Senate on Thursday passed the remaining tax reform bills after it completed the clause-by-clause consideration of the Nigeria Tax…
Onanuga – ‘You Spoke Like Politician,’ Presidency Counters Adesina Over GDP Comment
The Presidency has faulted the President of the African Development Bank, Akinwumi Adesina, over his comment that Nigerians were better…
CBN Revises Documentation Requirements For PAPSS Transactions
The CBN also stated that Authorized Dealer Banks (ADBs) can now source foreign exchange for PAPSS settlements directly from the…
₦47bn Yearly Power Bill Unsustainable, FG Explains Aso Rock Solar Installation
The FG said the move is in line with the President’s agenda to diversify energy sources and also cut the…
Nigerian High Court Orders EFCC To Arrest, Detain Six Promoters Of Ill-Fated CBEX Scheme
On Thursday, the Federal High Court in Abuja granted the EFCC authorisation to arrest and detain six promoters of CBEX.…
Reno Omokri Counters El-Rufai, Says Tinubu Has Improved Nigeria’s Security, Economic Indicators
Reno Omokri has defended Tinubu’s record against El-Rufai’s claims, citing a decline in insecurity, rising investor confidence, and economic recovery.…
150 Million Nigerians Now Have Access To Adequate Electricity – Adelabu
The minister urged global financiers to prioritise strengthening Nigeria’s power grid alongside off-grid solutions. The Minister of Power, Adedayo Adelabu,…