Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move...

The Federal Government released a total sum of N1.23tn to 17 ministries for the implementation of capital projects aimed at advancing development and infrastructure initiatives as of September 30, 2023, findings by The PUNCH...

The federal government is set to open applications this month to facilitate increased access to financial support for young entrepreneurs through the Nigeria Youth Investment Fund (NYIF). A budget of N110 billion has been...

The Federal Government has injected N2 trillion into the economy to stimulate it. It was unveiled by President Bola Ahmed Tinubu yesterday as part of an accelerated stabilisation and advancement plan. Its target is...

President Bola Tinubu on Thursday inaugurated a 31-member Presidential Economic Coordination Council comprising himself, the Vice President, the Senate President, and the Chairman of the Nigerian Governors Forum, among others. Thursday’s inauguration comes three...

The Federal Government, on Tuesday, declared that there was no importation of dirty fuel into Nigeria, countering the recent position of an official of the Dangote Petroleum Refinery. It declared this after meeting with...

The Federal Government has spent a total of $15.55bn on debt servicing between 2019 and 2024, according to the latest data from the Central Bank of Nigeria. In 2019, Nigeria paid $588.33m in debt...

Nigeria’s total public debt has reached N121.67tn, increasing by N24.33tn or 24.99 per cent within three months, the Debt Management Office has announced. This new figure is from a total debt of N97.34tn ($108.23bn)...

Lagos, Nigeria’s commercial nerve centre, and Abuja, the nation’s capital, have been listed as the cheapest cities in the world for international workers to live in. The naira currency depreciation is responsible for the...