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Central Bank of Nigeria Governor Cardoso Admits Raising Interest Rates Is Painful for Borrowers
Yemi Cardoso, Governor of the Central Bank of Nigeria (CBN), recently addressed the significant economic challenges facing the nation, acknowledging the difficulty of the...
The Absurdity of Restraining Police with Court Order in Rivers State
“Firstly, it is important to clarify that there is a subsisting Federal High Court order barring the Nigeria Police Force from participating in the...
Nigeria Proposes Single Revenue-Collecting Agency Named Nigerian Revenue Service (NRS)
President Bola Tinubu's administration is on the verge of reshaping Nigeria’s revenue collection system in a bold reform aimed at consolidating efforts and boosting...
Coinbase to Delist USDT and other Non-Compliant Stablecoins in the EU
In a significant move that aligns with the upcoming regulatory changes in the European Union, Coinbase, one of the leading cryptocurrency exchanges, has announced...
Nigeria’s Debt Servicing Payments Rises By 69% at N6.04tn In H1 2024 – CBN
Nigeria’s debt servicing payments surged by 69% in the first half of 2024, reaching a monumental N6.04 trillion, compared to N3.58 trillion in the...