• CBN implements Deloitte FX audit report, EFCC may summon CEOs over $2.4bn invalid requests • Several FX requests fraudulent, made with invalid, illegal documents,
Photo caption: Participants during the DART Meeting in Ikoyi, Lagos. *Call for applications Development partners under the Demand Aggregation for Renewable Technologies (DART) programme have
The Asset Management Corporation of Nigeria (AMCON) has taken over assets belonging to Glano Nigeria Limited over N2 billion debt. The move by the corporation
The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, said the Federal Government was owed approximately N5.2 trillion in debts. Ahmed, who stated this
The Central Bank of Nigeria (CBN) has begun moves to recover an estimated N9.3 trillion intervention facility extended to State governments, companies and individuals as
For consumers optimistic of lower diesel prices or drop in inflation rate anytime soon, they may be disappointed, as oil price outlook remains volatile, alongside
The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating
The Nigerian Maritime Administration and Safety Agency has dismissed as false, allegations that it has been granting waivers to shipping firms. It also refuted allegations