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Experts Demand Clarity on FG’s ₦1.2trn Lagos-Calabar Loan

The Federal Government’s recent procurement of a ₦1.2 trillion syndicated loan from Deutsche Bank to fund the Lagos-Calabar Coastal Highway has ignited a wave...

CBN Suspends Dividends, Foreign Investments for Underperforming Banks

A step to fortify Nigeria’s banking system and promote financial stability, the Central Bank of Nigeria (CBN) has issued a directive halting dividend payments,...

Reps Summon Cardoso, Edun Over FRA Breach

In a bold move to ensure transparency and fiscal discipline within Nigeria’s public financial management system, the House of Representatives has summoned the Governor...

CBN Rakes In N3.1bn Interest from FG Loans

The Central Bank of Nigeria (CBN) recorded a significant decline in interest income from the Federal Government's Ways and Means advances in 2024, earning...

FG Hails Progress in Naira-for-Crude Deal

The Federal Government has hailed the recent milestones recorded under the revived naira-for-crude oil initiative, a bold economic strategy aimed at strengthening the Nigerian...

Nigeria safe for investment — Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has given investors the assurance that Nigeria is a secure investment destination. Edun...

Court Slams N220m Contempt Charge Against CBN Governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, and the apex bank’s Director of Legal Services, Salam-Alada Kofo, are currently facing...

Edun, Cardoso Collaborates to Boost Economic Growth

As part of attempts to enhance measures targeted at increasing the synergy between fiscal and monetary policies for economic growth, Wale Edun, the Coordinating...

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