Finance

Fitch Ratings forecasts 1.5% current account deficit for Nigeria

As crude oil prices at the international market continue to surge on gradual reopening of economies globally and increasing compliance…

Senate summons finance minister over N1.8trn power intervention funds

The senate committee on power, said on Thursday that it has perfected plans to begin a three-day investigative hearing with…

Senate queries CBN over $3.3bn unremitted foreign tax

The senate has queried the Central Bank of Nigeria over alleged unremitted $3.3bn from the $21.3bn collected by the Federal…

Foreign reserves gained $2.7bn in one month –CBN

The nation’s foreign reserves rose by $2.7bn in May after declining for several months, figures from the Central Bank of…

BVN-linked accounts now 41.82m

Active bank accounts linked to bank verification number (BVN) in Nigeria as at last month stood at 41.82 million, a…

Currency in circulation rises N11.38bn in one month to reach N2.3trn

By OmobayoAzeez The total currency in circulation in the country rose to N2.3trillion as of April 30 after closing at…

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