Naira steady at ₦1,346.05/$ at official FX market
The Naira opened trading on Thursday on a steady footing against the United States dollar in Nigeria’s foreign exchange market, in both…
Finance
Tinubu seeks Senate approval for $20.52bn, €1.045bn external borrowing plan
President Bola Tinubu has asked the Senate to approve a supplementary external borrowing plan of $20.52 billion and €1.045 billion to fund…
FG approves ₦70,000 monthly transport aid for workers for six months
The Federal Government has approved a ₦70,000 monthly transport intervention for public service workers at all levels. The support will run for…
Herdsmen demand livestock ministry funding, 30% agric budget
Pastoralist groups in Nigeria have rejected the profiling of Fulani pastoralists as bandits, and called on President Bola Tinubu to immediately declare…
CBN sells ₦2.628trn OMO bills as stop rates rise
The Central Bank of Nigeria sold ₦2.628 trillion worth of Open Market Operations bills at its October 22, 2026 auction, ₦628.52 billion…
Naira plunges ₦28/$, biggest one-day loss in 18 months
The naira lost N28 against the United States dollar to close at N1,365/$ on October 22, 2026, its sharpest one-day fall since…
Naira holds steady at ₦1,330.95/$ in official FX market
The Naira traded at about N1,330.95 to the United States Dollar at the Nigerian Foreign Exchange Market. Early spot transactions in the…
LASACO returns to profit with ₦1.60bn pre-tax earnings in nine months
LASACO Assurance Plc has returned to profit, posting Group pre-tax earnings of N1.60 billion for the nine months ended September 30, 2026,…
Student loan is not compulsory, NELFUND clarifies
The Nigerian Education Loan Fund has stated that no student in Nigeria’s tertiary institutions is obliged to apply for a student loan,…
Nigeria reclaims Africa’s top startup funding spot with $635m
Nigeria has regained its place as Africa’s top destination for startup funding in the first nine months of 2026, attracting $635 million,…
Currency in circulation hits ₦5.44trn despite digital payments expansion
Currency in circulation in Nigeria climbed by 81 per cent to N5.44 trillion in August 2026, up from N3.01 trillion in August…
Naira steady near ₦1,330/$ as parallel market premium persists
The naira traded with little movement against the dollar on Tuesday, October 20, 2026, staying close to the ₦1,330 mark in the…