Category: Finance

DMO opens May 2026 savings bond offer with 14.5% return

The Debt Management Office has opened May 2026 FGN Savings Bond subscription, offering Nigerians investment...

Naira holds steady at ₦1,375.98/$ at official FX market

The Naira opened the first week of May with a relatively stable performance against the...

CBN to raise ₦700bn in May treasury bills auction

The Central Bank of Nigeria has announced plans to raise N700 billion through a Nigerian...

NGX ETFs record major losses in April amid thin liquidity

Exchange Traded Funds listed on the Nigerian Exchange recorded a broadly negative performance in April...

Nigerian stocks rises 20.36% as oil stocks lead April

The Nigerian equities market closed April 2026 on a strong note, rising 20.36 per cent—its...

US moves to cut Nigeria aid over ‘attack on Christians’

The United States government is moving to place stricter conditions on financial assistance to Nigeria...

May Day: Sanwo-Olu approves ₦50,000 relief package for Lagos workers

Lagos State Governor, Babajide Sanwo-Olu, has approved a N50,000 relief package for workers across the...

Naira trades near ₦1,375/$ amid market caution

The Naira commenced the new month with mild fluctuations against the United States Dollar across...

Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway project

The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m...

Naira gains at parallel market, falls at official FX market

The Naira on Tuesday appreciated to N1,390 per dollar in the parallel market from N1,392...

₦1m salary worthless without stable naira value — Ajaero

The Nigeria Labour Congress says a monthly salary of ₦1 million is worthless to workers...

Nigeria spends $6bn yearly on imported clothing — FG

The Federal Government has indicated that Nigeria’s textile industry is struggling with massive importation, poor...