Category: Finance

Capital importation hit $23.21bn in 2025, says NBS

Capital importation into the country increased year-on-year by 88.5 per cent to $23.21 billion in...

CBN cuts treasury bill rates amid ₦8trn liquidity

The Central Bank of Nigeria cut rates on longer-dated Treasury bills at its March 25...

Nigeria’s capital inflows jump 88.5% amid reforms

Capital inflows into Nigeria rose sharply by 88.5 per cent year-on-year to $23.21 billion in...

Naira opens Wednesday with marginal gains at ₦1,375.61/$

The Naira opened the mid-week trading session with a slight recovery, paring some of the...

Naira depreciates to ₦1,388/$ amid fresh pressure

The Naira faced renewed pressure in the foreign exchange market today, March 24, 2026, as...

Banks race to meet CBN recapitalisation March 31 deadline

Banks are in a last-minute push to meet the Central Bank of Nigeria’s recapitalisation deadline....

BudgIT report exposes states’ poor LG budget transparency

A new report by BudgIT has revealed that only 10 states in Nigeria have publicly...

Taraba pays ₦5bn to pensioners, adopts NSITF compensation scheme

Taraba State has paid out N5 billion to pensioners while committing to fully adopt the...

Cross River disburses ₦500m loans to entrepreneurs

The Cross River State Governor, Bassey Otu, has reaffirmed his administration’s commitment to strengthening businesses...

Naira holds steady at ₦1,357/$ amid oil price surge

The Naira maintained a steady performance against the United States Dollar on Thursday, March 19,...

Naira opens at ₦1,367.18/$, depreciates to ₦1,372.21/$ on Tuesday

The Naira has started the day with slight fluctuations against the United States Dollar. It...

Naira holds steady as reserves hit 13-year peak

The naira maintains a cautiously optimistic outlook this week after recent steady appreciation and a...