Economy

Forensic audit of CBN underway – Tinubu tells World Bank Chief 

President Bola Tinubu has disclosed that a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while…

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Nigeria’s national pension assets records major growth with a rise to N1trn as at June 30 this year 

Nigeria’s pension contributors upward profile has witnessed a tremendous growth, rising to N16trillion as at June 30, 2023 up from…

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Tinubu’s palliative continuation of FG’s fraud undertaken against Nigerian people — Obaseki

The Edo State Governor, Godwin Obaseki on Wednesday appealed to the Nigerian Labour Congress (NLC) to reject the proposed palliatives…

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NLC counters Tinubu’s N1trn claim on subsidy removal, says not a single kobo has been saved 

The Nigeria Labour Congress (NLC) has countered President Bola Tinubu over the claim that N1 trillion has been saved since…

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Unemployment explosion looms as seven firms lose N624bn to naira depreciation

The harsh reality of the economy is fast-impacting sectors hitherto assumed to be immune from the vagaries of the overwhelming…

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Tinubu appoints Jim Obazee, ex-FRC boss, as special investigator to probe CBN

President Bola Tinubu has appointed Jim Obazee, former chief executive officer of the Financial Reporting Council of Nigeria, as a…

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Unravel rot in CBN, NNPCL, economists, groups tell Tinubu’s Special Investigator 

Economists and civil society organisations have backed the appointment of a special investigator to probe the Central Bank of Nigeria,…

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Nigeria on brink of collapse over subsidy removal – Catholic Bishops

The Catholic Bishops Conference of Nigeria (CBN), yesterday raised the alarm that the removal of fuel subsidy without cushioning the…

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PenCom raises the alarm over renewed campaign of falsehood against it and its DG

The management of the National Pension Commission (PenCom) on Sunday alerted the public about “the renewed campaign of outrageous falsehood”…

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Spike in Inflation: Reduce borrowings from CBN, World Bank urges FG

The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to reduce…

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