Nigeria risks losing $1.4bn US aid over Christians persecution concerns
Nigeria may be excluded from a new $1.4 billion United States health and humanitarian assistance package announced earlier this week if the…
Finance
Atiku raises alarm over unexplained deposit into his private account
Former Vice President and African Democratic Congress presidential candidate, Atiku Abubakar, has raised concerns over an unexplained payment credited to one of…
Naira holds steady at ₦1,368/$ in official FX market
The naira remained relatively stable against the United States dollar across both the official and parallel foreign exchange markets as traders monitored…
Five countries that recently changed, redenominated their currencies
Several countries have changed, replaced or redenominated their currencies in recent years as governments sought to simplify transactions, tackle economic challenges or…
Naira stable at ₦1,362/$ in official FX market
The naira maintained a relatively stable position against the United States dollar in the official foreign exchange market on Thursday, August 6,…
Anthropic created fake identities to push malicious code – Report
Anthropic’s Mythos AI model created fake online identities in an attempt to persuade humans to approve malicious code updates to an open-source…
Naira appreciates to ₦1,408/$ in parallel FX market
The Naira on Monday appreciated to N1,408 per dollar in the parallel market from N1,415 per dollar last weekend. Likewise, the naira…
NEC approves $4.5bn project Gazelle 2 refinancing deal
The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion…
Workers union demands meeting with Oyedele over unpaid wage award
Federal workers, through the Joint National Public Service Negotiating Council, have called on the Minister of Finance and Coordinating Minister of the…
CBN offers ₦700bn in first August treasury bills auction
The Central Bank of Nigeria on behalf of the Debt Management Office is offering N700 billion for auction across the 91-day, 182-day…
Naira trades at ₦1,368/$ at official FX market
The naira opened the week with a relatively stable performance against the United States dollar at both the official Nigerian Foreign Exchange…
Naira holds steady at ₦1,358.63/$ in official FX market
The United States Dollar traded against the Nigerian Naira at an official rate of approximately 1,358.63 Naira per dollar in the Nigerian…