Economy
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Debt Burden: Nigeria to spend ₦15.81trn on loan servicing
•Tinubu Nigeria will spend about ₦15.81 trillion on servicing its public debt in 2026, one of the largest components of…
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FG intensifies online verification for pre-2004 civil servants
The Federal Government has intensified efforts to improve participation in the ongoing mandatory verification and enrolment exercise for civil servants…
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CBN raises ATM card issuance fee by 50 per cent from N1,000 to N1,500
The Central Bank of Nigeria (CBN) has increased the fee for issuance and replacement of Automated Terminal Machine (ATM) debit/credit…
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‘Why Are We Still Borrowing?’ — Emir Sanusi II questions President Tinubu over post-subsidy humungous loans
The Emir of Kano, Muhammadu Sanusi II, has raised concerns over the Tinubu-led federal government’s continued reliance on borrowing despite…
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Tinubu seeks Senate’s approval of $516million fresh loan
President Bola Tinubu has formally written to the Senate, seeking approval for a $516.3 million foreign syndicated loan to support…
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Economic war boils over as Tinubu boots out Edun, Dangiwa in shock cabinet shake-up
A fresh twist has emerged in the sudden sack of Minister of Finance and Coordinating Minister of the Economy, Wale…
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CBN raises fresh alarm over fraudulent messages, cyberattack attempts
The Central Bank of Nigeria has issued a fresh warning to the public over the rising circulation of fraudulent messages…
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Tinubu signs ₦68.32trn 2026 budget, extends 2025 spending deadline
President Bola Ahmed Tinubu has signed into law the 2026 Appropriation Bill, approving a massive ₦68.32 trillion budget aimed at…
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Debt pressure mounts as IMF cautions Nigeria against excessive borrowing
The International Monetary Fund (IMF) has cautioned Nigeria against excessive borrowing, urging authorities to prioritise debt sustainability and fiscal discipline…
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CBN pegs BVN enrolment age at 18, limits phone number changes
The Central Bank of Nigeria (CBN), has restricted Bank Verification Number (BVN) enrolment to persons aged 18 years and above…
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