Economy
FIRS Directs Banks to Close Unauthorized Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has ordered all banks in Nigeria to immediately identify and close any tax and...
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Lagos Govt to Launch Water Taxis Before End of 2025, Begins Dredging of Routes
The Lagos State Government is set to introduce water taxis before the end of 2025 as part of its efforts...
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Nigeria Unveils Unified Digital Identity System to Expand Financial Access and Curb Fraud
Nigeria has officially launched a comprehensive, unified digital identity system that is revolutionizing access to financial services while enhancing security...
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CBN Directs Banks to Adopt PAPSS for Transaction Processing
The Central Bank of Nigeria (CBN) has directed all banks operating in the country to adopt the Pan-African Payment and...
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CBN Raises N1.008 Trillion in Oversubscribed OMO Auction Amid Inflation Fight
The Central Bank of Nigeria (CBN) raised N1.008 trillion at its Open Market Operations (OMO) auction on Friday, April 25,...
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Nigeria Accounts for 15% of the World’s Poorest, says World Bank
According to the World Bank’s April 2025 Africa’s Pulse report, Nigeria is home to 19% of the extremely poor population...
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Cross River to Benefit From Nigerian Govt N200B MSME Grant and Loan Scheme
Cross River State has thrown its weight behind the Federal Government’s ₦200 billion Presidential Grants and Loans Scheme for Micro,...
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CBN, NGX Showcase Reform drive at Nasdaq, Seeks to Rebuild Investor Confidence
Nigeria’s top financial regulators and market leaders convened at the Nasdaq MarketSite in New York to present the country’s economic...
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Cardoso Reaffirms CBN’s Commitment to Monetary Reforms
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reiterated the bank’s commitment to restoring confidence in Nigeria’s...
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ICAN Launches Aviation Chapter to Drive Financial Excellence and Strategic Reform in Nigeria’s Aviation Sector
The Institute of Chartered Accountants of Nigeria (ICAN) has unveiled its newly established Aviation Chapter, a dedicated platform aimed at...
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