Nigeria’s economy expands 11 month consecutively — Report
Nigeria’s economy expanded for the eleventh consecutive month as the Central Bank of Nigeria Purchasing Managers’ Index rose to 55.4 index points…
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Pound nears ₦1,900 mark amid narrowing FX divergence
The British pound traded at approximately ₦1,895 against the Nigerian naira in official markets on Thursday, November 13, 2025. This figure reflected…
Senate approves Tinubu’s N1.15trn domestic loan for 2025 deficit
The Senate has approved President Bola Tinubu’s request to borrow an additional N1.15 trillion from the domestic debt market to finance the…
Pensioners threaten naked protest over unpaid N32,000 arrears
The Coalition of Federal Pensioners of Nigeria has threatened a nationwide naked protest on November 24 if the government fails to pay…
Naira gains in parallel market, dips in official exchange
The Naira experienced mixed fortunes in the foreign exchange markets on Tuesday. In the parallel market, the currency showed a slight appreciation,…
Britain’s unemployment rises to 5%, highest since 2021
Britain’s unemployment rate experienced a larger-than-expected rise in the third quarter, reaching five percent, marking the highest level since early 2021. This…
Naira struggles in parallel market despite official gains
The naira experienced mixed movements on Monday, recording a slight decline in the parallel market while gaining modestly in the official Nigerian…
Trump threatens BBC with $1bn lawsuit over speech edit
United States President Donald Trump has threatened the BBC with legal action and welcomed the resignations of two of its most senior…
Wike grants 14-day extension for FCT land use compliance
The Minister of the Federal Capital Territory, Nyesom Wike, has granted a 14-day extension to property owners in Abuja who have yet…
High interest rates trigger 17% fall in consumer credit
Consumer credit in Nigeria recorded a significant decline, dropping by 17 per cent month-on-month to N3.54 trillion in July 2025, down from…
Naira loses N14.85 at official exchange market
The Nigerian currency continued to face pressure at the official foreign exchange market, losing N14.85 against the United States dollar within one…
FEC approves policies to attract over $15bn digital investments
The Federal Executive Council has approved four key policy initiatives aimed at attracting over $15 billion in investments and strengthening the country’s…