Monday, May 11, 2026
Bamboo runs out of cash after CBN account freeze, gets court reprieve
Court allows variation of freeze ruling CBN offers no objection An accounts freezing action taken by the Central...
Read moreDetailsOil-rich Bayelsa, despite huge FAAC hauls, among 8 of Nigeria’s poorest states – report
Can’t survive without FAAC disbursements With IGRs of less than 10%, states are insolvent Bayelsa, one of Nigeria’s...
Read moreDetailsBears back on bonds, Naira improves at I&E window, but flat at N532 in streets
FX Market The Naira held steady at N532 per dollar at the parallel market for the second day after it...
Read moreDetailsNNPC begins preparations for IPO in 2024, reveals CEO Kyari
The Nigerian National Petroleum Corporation (NNPC), has set a three year target date for its public listing, giving strongest hints...
Read moreDetailsInsurance offers economic stability, we’ll support its growth, says President BuhariÂ
Tasks operators on innovation President Muhammadu Buhari has assured of the full commitment of the federal government in...
Read moreDetailsNIMASA puts cost of maritime insecurity to Nigeria at $793.7mÂ
Nigeria’s maritime sector has been undermined by insecurity challenges in the Gulf of Guinea (GoG), resulting in an economic cost...
Read moreDetailsWealth advisor shares reasonable small actions to tackle food inflationÂ
With Nigerian food inflation at about 20 percent, pushing up headline inflation of 17.5 percent presently, coupled with poor agricultural...
Read moreDetailsBDCs lament FX scarcity but CBN ban creates loophole for creative sourcing
Severe scarcity, unmet supplies drag Naira down to N530/$ on Thursday Bureau de change (BDC) operators in the...
Read moreDetailsWike directs RSRS to ensure full implementation of newVAT Law
Asks other states to see River VAT victory as federalism enabler Faults Katsina State’s attempt to challenge the Rivers...
Read moreDetailsBreaking! Court dismisses FIRS’ stay of execution application over VAT collection by Rivers State
The Federal Inland Revenue Service (FIRS) has lost its bid to secure a stay of execution in its application seeking...
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