“Nigerian Banks Turn to Short-Term Debt as CBN Borrowings Reach ₦27.95 Trillion”
Nigerian banks are increasingly turning to short-term debt instruments as a result of the Central Bank of Nigeria’s (CBN) stricter cash reserve policies, which...
Nigeria’s Plateau State’s IRS Generates N3.3 Billion in January, Targets N52 Billion for 2025
Jos, March 31, 2025 (Naija247news) – The Plateau Internal Revenue Service (PIRS) has reported an Internally Generated Revenue (IGR) of over N3.3 billion for...
NDIC Urges Public to Bank Without Fear, Assures Safety of Depositors’ Funds
Abuja, March 30, 2024 (Naija247news) – The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without...
Nigeria’s Oil Revenue Rises to ₦2 Trillion in Q4 2024 but Falls 62% Below Target
Nigeria’s oil revenue surged by 53.59% to ₦2 trillion in the fourth quarter of 2024, driven by higher receipts from petroleum profit tax (PPT)...
Enugu State’s Internally Generated Revenue Surges 54.6% to N180.5bn as Debt Drops by 48%
Enugu, Nigeria – Enugu State has recorded a 54.6% surge in Internally Generated Revenue (IGR), reaching N180.5 billion in 2024, as the government implements...
