Category: Finance

Nigeria’s net forex inflow rose 12% in 2025

Nigeria recorded a 12.3 per cent year-on-year increase in net foreign exchange inflow to $41.73...

Senate approves revised ₦43.561trn 2024 budget framework

The Senate has approved a revised ₦43.561 trillion 2024 Appropriation Act alongside a reworked 2025...

NIN, CAC numbers to serve as tax IDs from 2026 — FIRS

The Federal Inland Revenue Service has announced that the National Identification Number will automatically become...

Nigeria emerges digital payments leader in Africa

Nigeria has emerged as a leading force in Africa’s rapidly expanding digital payments ecosystem, as...

Naira holds firm against dollar across FX markets

The Naira remained relatively stable against the United States Dollar on Tuesday, December 23, 2025,...

SEC sets January 2026 deadline for operators’ renewal

The Securities and Exchange Commission has directed all capital market operators to renew their registration...

States must follow law in borrowing, DMO insists

The Debt Management Office has called on state governments to strictly adhere to the provisions...

Naira slides further to N1,466 as FX pressure persists

The naira closed the trading week on a weaker note at N1,466.5 to the dollar...

Naira fluctuates as official, parallel rates narrow

The Nigerian Naira continued to experience fluctuations against the United States Dollar as trading opened...

Govs pledge effective use of World Bank NG-CARES funds

The Nigeria Governors’ Forum has pledged to ensure the proper and effective use of funds...

Naira trades at 1,453/$ as year-end forex demand rises

The Naira maintained a steady yet cautious position against the United States Dollar today, December...

Customs penalise banks over delayed remittance of FG revenue

The Nigeria Customs Service has started enforcing penalties against specific banks that fail to remit...