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Ministry of Finance

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Knocks as Auditor-General budgets N1.7bn for cars, N113m for directors’ ‘orthopedic’ chairs

THE 2025 budget of the Auditor-General of the Federation has raised eyebrows and attracted...

Wema Bank spends N1.84bn on technology but loses N550m to fraudsters

Wema Bank lost N550 million to fraudsters and thieves in 12 months despite spending...
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Stanbic IBTC risks losing N268bn, $4.5m in litigations as bank highlights 12-year-old court case against AMCON

STANBIC IBTC has explained its 12-year-old case against the Asset Management Corporation of Nigeria...

More troubles for Emefiele as ex-CBN director admits collecting $600,000 bribe on his instruction

A former Director of Procurement and Support Services at the Central Bank of Nigeria (CBN),...
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Maputo Declaration: 20 years after, Nigeria yet to implement commitments to food security

It was on the evening of March 12, 2024. Mrs Grace Adeniyi, a widow,...

Wema Bank fined N61.4m after breaching 7 Nigerian laws

WEMA Bank found itself on the wrong side of 7 Nigerian laws in 2023,...
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Access Bank could lose N28bn, $183m to customers as fraudsters hit again

NIGERIA'S tier-1 bank, Access Bank Plc, failed to resolve a total of 34,922 customer...

CBN clears FX backlog, foreign reserves hit $34.11bn

THE Central Bank of Nigeria (CBN) says it has cleared all valid foreign exchange...
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