Category: Finance

Bauchi’s IGR rises from N300m to over N2bn — Commissioner

The Bauchi State government has said that it has significantly improved its Internally Generated Revenue...

Nigeria’s external reserves hit $41.5bn amid naira gains

Nigeria’s external reserves have continued to accumulate, pushing the value of the naira to appreciate...

Naira gains in parallel market to N1,530/$

The Naira on Monday appreciated to N1,530 per dollar in the parallel market from N1,535...

Naira hits five-month high, trades near N1,515 to dollar

The naira traded near a five-month high at 1514.86/$ on the official window at the...

Naira appreciates to N1,514.86/$1, hits six-month high

The naira climbed to a six-month high of N1,514.86 per dollar at the official foreign...

FG spends N8.93trn on debt servicing in nine months

The federal government spent N8.93 trillion on debt servicing from January to September 2024. This...

Naira rises to N1,521.46/$1 at official market

The Naira has recorded its third consecutive gain against the United States dollar at the...

Naira to close 2025 at N1,585.5/$1 — Standard bank

Standard Bank has adjusted its medium-term outlook on the Nigerian naira, projecting a 3.1 per...

Dollar no longer king, Onanuga declares as Chinese traders accept naira

The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said...

DMO urges states to adopt sustainable debt management practices

The Debt Management Office on Tuesday urged sub-national entities in Nigeria to ensure effective debt...

Nigeria is no longer borrowing to fund budget, Tinubu declares

President Bola Ahmed Tinubu announced on Tuesday that the economy has stabilised and the revenue...

CBN uses OMO to curb inflation, support naira stability

The Central Bank of Nigeria is set to roll out fresh liquidity control measures, known...