Category: Finance

Investors lose N1.67trn as 45 stocks decline on NGX

The Nigerian stock market sustained its losses on Wednesday, as the Nigerian Exchange market capitalisation...

UNIBEN management denies underpaying lecturers’ August salaries

The management of the University of Benin has denied reports that members of the Academic...

Naira trades ₦1,322/$ in official FX market, ₦1,390/$ in parallel

The naira held steady on the stronger side in the Nigerian Foreign Exchange Market as...

Cash transfer office rejects Auditor-General’s ₦33.75bn fraud claims

The National Cash Transfer Office has pushed back against claims contained in a report by...

FG releases tools allowance to academic staff nationwide

The Federal Government has announced the full disbursement of the Consolidated Academic Tools Allowance to...

Naira trades at ₦1,321/$ in official FX market

The naira is currently exchanging at approximately ₦1,321.37 to the United States dollar based on...

Naira steady at ₦1,321/$ as parallel FX market gap widens

The exchange rate between the dollar and the naira continues to draw attention as Nigerians...

26 states still lean on FAAC despite revenue growth — Report

At least 26 state governments were unable to generate sufficient internal revenue to cover their...

Naira opens new week at ₦1,321/$ in official FX market

The naira opened the new trading week on a mixed note, exchanging at about N1,321.68...

Probe ‘diverted’ ₦78.8bn cash transfer funds, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu “to direct the Ministry...

BREAKING: Nigeria’s external reserves cross $54bn, first time in 18 years

Nigeria’s external reserves have crossed the $54 billion mark for the first time since December...

GDP growth hasn’t improved workers’ lives, senior civil servants lament

The Association of Senior Civil Servants of Nigeria has said Nigerians have not experienced any...