The Central Bank of Nigeria has announced major changes to the country’s cash-management rules, removing all limits on how much cash customers can deposit in banks while maintaining strict weekly …
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National Assembly Reaffirms Commitment to Tax Reforms for Nigeria’s Energy Transition
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly will continue to push tax reforms as part of Nigeria’s long-term plan to support energy …
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BankingBusinessEconomyFinanceMarketsPolicies
Former CIBN President Ken Opara Calls for Special Court to Handle Credit Cases
The immediate past President of the Chartered Institute of Bankers of Nigeria, Dr Ken Opara, has called for the creation of a specialised court that will handle disputes related to …
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
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HealthInsuranceNigeriaPolicies
Ultimate Health MD Calls for Nationwide Awareness to Boost Staff Health Insurance Compliance
The Managing Director and Chief Executive Officer of Ultimate Health Management Services, Otunba Lekan Ewenla, has called for a robust nationwide campaign to ensure compliance with the Federal Government’s directive …
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AfricaBusiness and EconomyFinanceInfrastructurePolicies
Africa Eyes $700bn Pension Fund to Boost Infrastructure, Reduce Foreign Debt
by Radarr Adminby Radarr AdminAfrican leaders, policymakers, and investors are pushing for a new continental approach to development financing — one that relies less on foreign debt and more on Africa’s own pension assets, …
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DevelopmentEconomyGlobal DevelopmentGovernancePoliciesTrade
Experts Urge G20 to Tackle Global ‘Inequality Emergency’ as Wealth Gap Widens
Wealth inequality has reached crisis levels globally, threatening democracy, economic stability, and social cohesion, experts have warned ahead of the G20 summit set to take place later this month in …
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BusinessCorporate GovernanceEconomyGOVERNMENTPoliciesTechnology
CAC Defends Registrar-General, Reaffirms Commitment to Transparency Amid Reform Criticism
The Corporate Affairs Commission (CAC) has reaffirmed its commitment to transparency, reform, and efficient service delivery under President Bola Tinubu’s Renewed Hope Agenda, following what it described as a series …
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Debt Management,EconomyFinanceGOVERNMENTNigeriaPolicies
NOA Says Nigeria’s Debt Has Reduced Under Tinubu Despite DMO’s ₦152.4 Trillion Report
The National Orientation Agency (NOA) has said that Nigeria’s debt burden has “significantly decreased” since President Bola Tinubu took office in 2023, dismissing public claims that the country’s debt has …
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EconomyFinanceGOVERNMENTInflationINVESTMENTPolicies
Finance Minister Wale Edun Says Nigeria’s Economy Has Turned the Corner
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has assured Nigerians that the country’s economy is on a recovery path, saying the most difficult period is …