Category: featured

Nigeria moves to T+2 equities settlement cycle, says SEC

The Securities and Exchange Commission has confirmed that the Nigerian capital market will shift to...

Naira-dollar rate steady across official, parallel markets

The Nigerian Foreign Exchange Market saw the Naira trading relatively flat against the United States...

FG drops proposed 15% petrol import tariff — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority announced on Thursday that it has abandoned...

Nigeria’s economy expands 11 month consecutively — Report

Nigeria’s economy expanded for the eleventh consecutive month as the Central Bank of Nigeria Purchasing...

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...

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...

Pensioners threaten naked protest over unpaid N32,000 arrears

The Coalition of Federal Pensioners of Nigeria has threatened a nationwide naked protest on November...

Naira gains in parallel market, dips in official exchange

The Naira experienced mixed fortunes in the foreign exchange markets on Tuesday. In the parallel...

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...

Naira struggles in parallel market despite official gains

The naira experienced mixed movements on Monday, recording a slight decline in the parallel market...

Trump threatens BBC with $1bn lawsuit over speech edit

United States President Donald Trump has threatened the BBC with legal action and welcomed the...

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...