Category: Finance

NNPC records ₦11.2tn claims against federation for security costs, advances

The Nigerian National Petroleum Company Limited recorded claims totalling ₦11.2tn from the Federation in 2025....

Naira stable at ₦1,328.17/$ in official FX market

The Naira held a relatively stable position in both the official Nigerian Foreign Exchange Market...

Free zone Customs command rakes in record ₦557bn revenue

The Free Zone Command of the Nigeria Customs Service generated a record N557.02 billion in...

Handle naira with care, pride, CBN begs Nigerians

The Central Bank of Nigeria has appealed to Nigerians, especially traders, to handle the naira...

NCGC has facilitated ₦46.95bn in loans for 67,512 Nigerians — Tinubu

The National Credit Guarantee Company, a Federal Government agency, has facilitated N46.95 billion in loans...

FG seeks fresh $1.5bn World Bank loan as debt hits ₦166.79tn

The Federal Government has begun talks with the World Bank on three new loans totalling...

Nigeria’s public debt rose to ₦166.79trn in June — DMO

Nigeria’s total public debt stock rose to N166.79 trillion as of June 30, 2026, up...

Nigeria spent $870.73m servicing external debt in Q2 2026 — DMO

Nigeria spent $870.73 million servicing its external debt in the second quarter of 2026, with...

NFEM turnover falls to $2.25bn as CBN cuts interest rate to 23%

Turnover on the Nigerian Foreign Exchange Market declined by 17.7 per cent week-on-week to $2.25...

States’ IGR hit ₦5.15trn in 2025, Lagos leads

Internally Generated Revenue for Nigeria’s 36 states and the Federal Capital Territory climbed by 40.93...

Oyedele calls for cheaper, long-term financing for Africa’s development

The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has advocated...

I never owed debts, borrowed as Anambra gov, Obi insists

The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has again denied claims that...