Category: Finance

Nigeria’s private sector credit remains below economic peers — AfDB

Nigeria’s banking sector extends credit to the private sector equivalent to just 9.4 per cent...

Public sector pension remittances hit ₦903bn as assets surge

Public sector pension remittances recorded a significant increase of 234.85 per cent, rising to N550.96...

Naira strengthens against dollar in official, parallel FX markets

The naira recorded further gains against the United States dollar on Tuesday, appreciating in both...

Private sector rejects pressure to match proposed ₦100,000 minimum wage

Members of the organised private sector have warned against expecting private sector employers to automatically...

Construction costs rise 20% as material prices soar — Report

Nigeria’s construction costs increased by 20 per cent between December 2025 and May 2026 as...

NLC demands ₦1m minimum wage, rejects ₦100,000 NGF offer

The Nigeria Labour Congress has rejected the proposal by the Nigeria Governors’ Forum suggesting a...

Naira holds steady across official, parallel FX markets

The naira traded within a relatively stable range against the United States dollar across the...

Abuja families spend ₦300,000 monthly on basic healthy diet — Report

The cost of maintaining a healthy diet in Abuja remains significantly high despite signs of...

Govs considering ₦100,000 minimum wage amid hardship — NGF

The Chairman of the Nigeria Governors’ Forum and Governor of Kwara State, AbdulRahman AbdulRazaq, has...

Naira maintains stability at ₦1,375/$ in official FX market

The naira traded at around ₦1,375.41 against the United States dollar at the official Nigerian...

19,969 retirees switch PFAs amid declining transfer trend

In the quest for better management and significant return on investment for their pension savings,...

Naira holds steady at ₦1,375/$ in official FX market

The naira traded within a relatively stable range against the United States dollar on Thursday,...