Nigeria’s eight-month debt service bill hits $2.86bn – CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international…
Category: Business
FG Establishes Task Force to Fast-Track Cash Transfers to 15 Million Vulnerable Households
The Federal Government has taken a major step towards accelerating its economic and financial inclusion goals with the establishment of an inter-agency task force aimed at expediting conditional cash transfers to 15 million vulnerable Nigerian households.
CBN’s earnings from FG overdraft plummet to ₦3.1bn in 2024 from ₦1.6tn in 2023
The Central Bank of Nigeria -CBN has earned 3.1 billion naira as interest on the Federal Government’s overdraft facility in 2024, down sharply from the 1.6 trillion naira it earned in 2023.
SERAP demands CBN reveal direct LGA fund disbursements after Supreme Court ruling
The Socio-Economic Rights and accountability Project -SERAP has called on the Central Bank of Nigeria -CBN to immediately disclose whether it has commenced the direct disbursement of allocations to