Category: Finance

NGX investors lose ₦2.4tn as profit-taking continues

The Nigerian stock market has sustained profit taking for second consecutive weeks, as investors lost...

FG plans review of ₦70,000 minimum wage

The Federal Government has signalled plans to review the national minimum wage, stating that the...

Naira holds steady at ₦1372/$ at official FX market

The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026,...

Naira slumps to four-week low at ₦1373/$

The naira depreciated to N1,373/$ at the official foreign exchange market on June 23, 2026,...

Civil servants demand 400% increase in minimum wage

Civil servants under the umbrella of the Joint National Public Service Negotiating Council Trade Union...

Nigerian stock market loses ₦366bn over profit-taking

After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors...

Bayelsa spent ₦26.1bn on salaries in April, May

The Bayelsa State government says it has spent a total of N26.1b for salaries related...

Oyedele, Wike meet to harmonise FCT tax administration

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

Only 18% of Nigerian retailers can access formal loans — FMCG

A new report by commerce technology company Omni, has revealed that only 18 per cent...

Naira slips to ₦1,410/$ at parallel FX market

The Naira on Thursday depreciated to N1,410 per dollar in the parallel market from N1,405...

FAAC shares ₦2.3trn revenue for May

The Federation Account Allocation Committee has shared a total of N2.3 trillion among the Federal...

Only 6% of Nigerians can access formal credit — Mutual Benefits

Mutual Benefits Assurance Plc has said a situation where only about six per cent of...