Enugu approves ₦32,000 minimum pension for LG retirees
The Enugu State Government has approved a new minimum pension of N32,000 for local government retirees, with payments expected to begin once…
Finance
RMAFC completes review of Nigeria’s revenue allocation formula
The Revenue Mobilisation Allocation and Fiscal Commission has completed the review of Nigeria’s Revenue Allocation Formula, paving the way for a new…
BRICS explores merging payment systems to cut transaction costs
BRICS member nations are discussing plans to integrate their national instant payment systems and central bank digital currencies in a move aimed…
Naira gains ₦5.75 against dollar, closes at ₦1,358.25/$
The naira strengthened by N5.75 against the United States dollar over the week, closing at N1,358.25/$ at the Nigerian Foreign Exchange Market…
Naira stable at ₦1,364/$ at official FX market
The naira maintained relative stability against the United States dollar on Friday, August 14, 2026, in both the official Nigerian Foreign Exchange…
CBN rate stable at ₦1,367/$ amid FX liquidity watch
The naira remained relatively stable against the United States dollar on Thursday, August 13, 2026, in both the official Nigerian Foreign Exchange…
How to apply for ECOWAS $65,000 startup awards to Nigerian entrepreneurs
The Economic Community of West African States has opened applications for the second edition of its Startup Awards, offering cash prizes totaling…
Naira official rate holds at ₦1,368/$, parallel market hits ₦1,405/$
The naira traded around ₦1,368 to the United States dollar in the official Nigerian Foreign Exchange Market on Tuesday, August 11, 2026,…
Lagos, FCT, Rivers owe 43% of states’ debt — DMO
Lagos, the Federal Capital Territory and Rivers State accounted for more than 43 per cent of the N4.52 trillion domestic debt owed…
FG spent ₦3.14trn servicing domestic debt in Q1 — DMO
The Debt Management Office has said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter of…
Naira trades at ₦1,362/$ on official FX market
The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and…
Taraba owes ₦85.51bn not ₦1.2tn, commissioner cites official DMO figures
The Taraba State Commissioner for Budget and Economic Planning, Sarah Adi, has dismissed claims that the state currently carries a debt burden…