4 h. ago Finance minister, CBN, FIRS deepen collaboration to sustain economic stability

Tribune Online Finance minister, CBN, FIRS deepen collaboration to sustain economic stability The high-level engagement focused on deepening coordination between monetary and fiscal authorities to sustain macroeconomic stability... Finance minister, CBN, FIRS deepen collaboration to sustain economic stability Tribune Online

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10 h. ago IOM, Nigerian military vow stronger partnership in tackling insecurity, displacement

The Nigerian Defence Headquarters (DHQ) and the International Organisation for Migration (IOM) have reaffirmed their commitment to deepen collaboration in addressing read more IOM, Nigerian military vow stronger partnership in tackling insecurity, displacement

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21 h. ago Inside CBN’s roadmap for smarter, digitally empowered Nigeria

By Chinwendu Obienyi Nigeria, the most populous and vibrant black nation on earth, is still digitally deficient judging by any metric. Currently, over 40 per cent of the adult population remains financially excluded and economic opportunities are unevenly distributed. To address this imbalance and plant the nation on a progress path, the Central Bank of […] The post Inside CBN’s roadmap for smarter, digitally empowered Nigeria appeared first on The Sun Nigeria.

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31 h. ago Wale Edun and the burden of leading Nigeria’s economic recovery

Wale Edun is Nigeria’s current Minister of Finance and holds the position of the coordinating minister in charge of the read more Wale Edun and the burden of leading Nigeria’s economic recovery

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68 h. ago Customs, NES strengthen ties to promote economic development

From Godwin Tsa, Abuja  Nigeria Customs Service (NCS) and the Nigerian Economic Society (NES) are set to deepen their collaboration to drive national economic growth ahead of the Society’s annual conference, scheduled for September 8 to 11, 2025 in Abuja. National President Professor Adeola Adenikinju led a delegation comprising members of the Governing Council and […] The post Customs, NES strengthen ties to promote economic development appeared first on The Sun Nigeria.

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4 d. ago Otti lauds Tinubu, NASS, others over $125m Islamic Bank loan for Abia

From Okey Sampson, Umuahia Governor Alex Otti has lauded President Bola Tinubu and members of the National Assembly for making it possible for Abia to receive a loan of $125m from Islamic Bank (IsDB), for the execution of strategic projects in the state. Others on the Governor’s thank you list include the Minister of Finance […] The post Otti lauds Tinubu, NASS, others over $125m Islamic Bank loan for Abia appeared first on The Sun Nigeria.

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4 d. ago We’ll continue to make clean naira notes available to Nigerians – CBN

From Laide Raheem, Abeokuta The Central Bank of Nigeria (CBN) has renewed its commitment to ensure availability of clean currency, naira, to Nigerians. The country’s apex bank equally urged Nigerians to see the naira as a critical symbol of national unity hence they should respect and keep it clean. The Acting Director, Corporate Communications Department, […] The post We’ll continue to make clean naira notes available to Nigerians – CBN appeared first on The Sun Nigeria.

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4 d. ago Edun: FG clears N2trn capital budget arrears, raises states’ surplus to N7.1trn

From Adanna Nnamani, Abuja The federal government has fully settled over N2 trillion in outstanding capital budget commitments from the 2024 fiscal year, leaving no pending obligations unprocessed. Finance and Coordinating Minister of the Economy, Wale Edun, announced the payment on Thursday at a ministerial press briefing in Abuja. Edun said the settlement was made […] The post Edun: FG clears N2trn capital budget arrears, raises states’ surplus to N7.1trn appeared first on The Sun Nigeria.

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6 d. ago Strong governance crucial for $3bn telecom investment by 2026 – MOFI CEO

By Chinenye Anuforo The Chief Executive Officer, Ministry of Finance Incorporated (MOFI), Dr. Armstrong Takang, has disclosed that good corporate governance was the foundation for Nigeria’s economic growth and crucial to achieve its vision of becoming Africa’s leading digital economy. “It will help unlock over $3 billion in infrastructure investment by 2026 and drive affordable […] The post Strong governance crucial for $3bn telecom investment by 2026 – MOFI CEO appeared first on The Sun Nigeria.

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7 d. ago MOFI reiterates commitment to tackling Nigeria’s housing deficit

Tribune Online MOFI reiterates commitment to tackling Nigeria’s housing deficit The Ministry of Finance Incorporated (MOFI) has reiterated its commitment to tackling Nigeria’s housing deficit and unlocking affordable home ownership for millions of citizens through its innovative MOFI Real Estate Investment Fund (MREIF). Speaking at the 19th Africa International Housing Show (AIHS), MOFI Managing Director, Dr. Armstrong Takang, outlined the fund’s transformative role in driving […] MOFI reiterates commitment to tackling Nigeria’s housing deficit Tribune Online

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8 d. ago ICPC, NDPC join forces to shield Nigerians’ data, tackle corruption

Tribune Online ICPC, NDPC join forces to shield Nigerians’ data, tackle corruption The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Nigeria Data Protection Commission (NDPC) are set to deepen collaboration to protect Nigerians’ data under the Nigeria Data Protection Act (NDPA) 2023. ICPC, NDPC join forces to shield Nigerians’ data, tackle corruption Tribune Online

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9 d. ago Federal Gov’t Lowers Mortgage Rates, Reduces Down Payments For Home Ownership

The ministry of Finance Incorporated Real Estate Investment Fund (MREIF), a key driver of affordable homeownership in Nigeria, has announced a major reduction in its mortgage requirements. The minimum down payment for an MREIF mortgage has been halved from 20 per cent to just 10 per cent, making it easier for more Nigerians to achieve […]

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1 week ago NEMSA, FRCN deepen collaboration on electrical safety, compliance

Tribune Online NEMSA, FRCN deepen collaboration on electrical safety, compliance He expressed appreciation for the visibility the collaboration has brought to NEMSA’s mandate which include the enforcement of NEMSA, FRCN deepen collaboration on electrical safety, compliance Tribune Online

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1 week ago CBN: Building resilient banks as recapitalisation gains more ground

By Mustafa Biodun Monetary Policy Committee (MPC) members recently acknowledged the continued stability in the banking system, evidenced by the stable Financial Soundness Indicators (FSIs) which would further be supported by the on-going banking recapitalisation exercise. With eight banks having already met the recapitalisation requirements, and others making progress towards meeting the deadline, the Central […] The post CBN: Building resilient banks as recapitalisation gains more ground appeared first on The Sun Nigeria.

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1 week ago CBN, NDIC deepen collaboration to safeguard financial system

Tribune Online CBN, NDIC deepen collaboration to safeguard financial system “Our meeting today is a clear testament to our willingness to work together. The CBN counts on NDIC’s support in navigating the uncertain times that we are in,” Cardoso said. CBN, NDIC deepen collaboration to safeguard financial system Tribune Online

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1 week ago MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians

LAGOS, NIGERIA — The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) has announced a significant revision of read more MREIF slashes down payment for home ownership to 10% and lowers interest rates for all Nigerians

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1 week ago APM Terminals Apapa, Customs Deepen Collaboration To Advance B’Odogwu Implementation

In order to enhance trade facilitation and optimise cargo clearance processes at Nigeria’s busiest seaport, APM Terminals Apapa has partnered with the Nigeria Customs Service (NCS) to accelerate the deployment of the B’Odogwu unified customs management platform at the Lagos Port Complex, Apapa. The B’Odogwu, a next-generation replacement for the Nigeria Integrated Customs Information System […]

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2 w. ago Ogun MAN urges manufacturers to explore alternative funding amid harsh economy

Tribune Online Ogun MAN urges manufacturers to explore alternative funding amid harsh economy The Ogun State branch of the Manufacturers Association of Nigeria (MAN) has called on manufacturers across the country to explore alternative sources of funding to sustain their operations, in light of Nigeria’s current economic challenges. This appeal was made during its 40th Annual General Meeting (AGM) held in Abeokuta. Themed “Financing Manufacturing Concerns: Exploring Alternatives,” […] Ogun MAN urges manufacturers to explore alternative funding amid harsh economy Tribune Online

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2 w. ago Nigeria, Benin Republic seal trade framework to bolster regional economy

Adeniyi pledges seamless border operations under new pact Nigeria and the Republic of Benin have reached a key agreement on a joint trade framework aimed at dismantling trade barriers, boosting cross-border commerce and deepening regional economic integration. The high-level meeting, which took place over the weekend at the Ministère de l’Économie et des Finances in […] The post Nigeria, Benin Republic seal trade framework to bolster regional economy appeared first on The Sun Nigeria.

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4 w. ago FX reserves surge to $422m as CBN steps up market intervention

By Chinwendu Obienyi Nigeria’s foreign exchange (FX) reserves rose by $422.16 million last week, reaching $37.85 billion as of July 17, as the Central Bank of Nigeria (CBN) intensified its market intervention by injecting approximately $80 million into the FX market to stabilise the naira.       This marks the second consecutive weekly increase […] The post FX reserves surge to $422m as CBN steps up market intervention appeared first on The Sun Nigeria.

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