Category: Finance

DMO cuts Q3 2026 bond issuance target to ₦4.6trn

The Debt Management Office has revised its Q3 2026 FGN Bond Issuance Calendar, lowering the...

Oyedele inaugurates committee to draft new VAT order

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has inaugurated an...

INEC cannot be independent without financial autonomy — Amupitan

The Chairman of the Independent National Electoral Commission, Prof. Joash Amupitan, has said the electoral...

Private sector kicks against proposed pension contribution hike

The Organised Private Sector of Nigeria has expressed deep concern over the recent announcement by...

NELFUND begins payment of June, July student allowances

The Nigerian Education Loan Fund has commenced the payment of June and July upkeep allowances...

World Bank to phase out lending to China by 2031

The World Bank on Thursday confirmed that it plans to phase out its lending to...

Private sector credit rises to ₦83.26trn in June

Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion...

Nigeria’s money supply rises to ₦133.25trn in June

Nigeria’s broad money supply rose to N133.25 trillion in June 2026 from N129.21 trillion in...

Naira trades at ₦1,371/$ in official FX market, ₦1,410/$ in parallel market

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

₦100, ₦200 notes scarcity caused by digital payments adoption — Cardoso

The Central Bank of Nigeria says lower-denomination naira notes are currently scarce due to growing...

FG hails Kano gov for committing 32% of budget to education

The Federal Government has lauded the Kano State Government for allocating 32 per cent of...

Naira trades at ₦1,381.68/$ at official FX market

The naira exchanged at about N1,381.68 to the United States dollar at the Nigerian Foreign...