The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
Finance
-
Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
-
BankingConsumer ProtectionEconomyFinanceGovernanceNational AssemblyRegulation
Reps to Probe Arbitrary Bank Charges as Nigerians Decry Unexplained Deductions
The House of Representatives has resolved to investigate what it described as the arbitrary, excessive, and unexplained charges imposed on customers by commercial banks across Nigeria. The lawmakers made this …
-
BusinessCrimeFinanceJudiciaryLagos News
EFCC Arraigns Lagos Businessman Ugoh Onyewuchi Over Alleged N215.8 Million Theft
The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based businessman, Ugoh Christogonus Onyewuchi, alongside his company, C-PAC Integrated Service Nigeria, before the Special Offences Court sitting in Ikeja, …
-
BusinessEconomyFinanceGovernment PolicyLawNigeriaPublic ServicesRegulationTaxation
Nigeria’s New Tax Law Takes Effect in 2026, Sets N800,000 Income Threshold and N100 Million Turnover for Companies
Nigeria’s new tax reform law has been officially signed and will take effect from the 2026 fiscal year. The new law introduces several changes aimed at improving compliance, easing the …
-
DevelopmentEconomyFinanceGlobal NewsIMF ProgrammeInternational RelationsNigeriaPolicies
IMF to Release New World Economic Outlook and Global Financial Stability Reports Today
The International Monetary Fund (IMF) will today, Tuesday, October 14, 2025, unveil its latest World Economic Outlook (WEO) report in Washington, D.C., during a hybrid press briefing as part of …
-
BankingCapital MarketCorporate AffairsEconomyFinanceNigeriaRegulation
Big Banks in Nigeria Spend ₦442 Billion on AMCON Charges as Profits Fall
by Radarr Adminby Radarr AdminNigeria’s biggest commercial banks have spent a total of ₦442 billion on the Asset Management Corporation of Nigeria (AMCON) levy in the first half of 2025, representing a 34 percent …
-
BusinessCommoditiesEconomyFinanceINVESTMENTMiningSouth Africa
South African Rand Falls as Investors Await Key Economic Data
The South African rand weakened in early trading on Tuesday as investors awaited the release of key domestic economic indicators that could provide fresh insight into the country’s financial outlook. …
-
AfricaCryptocurrencyEconomyFinanceInnovationINVESTMENTLawTechnology
Kenya Passes Landmark Bill to Regulate Cryptocurrencies and Digital Assets
Kenyan lawmakers have approved a new bill to regulate digital assets such as cryptocurrencies, marking a major step towards providing legal clarity for the country’s growing financial technology sector. The …
-
Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
-
BusinessCorporate AffairsFinanceInsuranceTechnology
Capital Express Life Assurance Grows Revenue by 32%, Strengthens Capital Base
Capital Express Life Assurance Limited has reported a 32.11 per cent increase in its insurance revenue, rising to N7.2 billion at the end of 2024 from N5.45 billion in the …