Category: Finance

BRICS explores merging payment systems to cut transaction costs

BRICS member nations are discussing plans to integrate their national instant payment systems and central...

Naira gains ₦5.75 against dollar, closes at ₦1,358.25/$

The naira strengthened by N5.75 against the United States dollar over the week, closing at...

Naira stable at ₦1,364/$ at official FX market

The naira maintained relative stability against the United States dollar on Friday, August 14, 2026,...

CBN rate stable at ₦1,367/$ amid FX liquidity watch

The naira remained relatively stable against the United States dollar on Thursday, August 13, 2026,...

How to apply for ECOWAS $65,000 startup awards to Nigerian entrepreneurs

The Economic Community of West African States has opened applications for the second edition of...

Naira official rate holds at ₦1,368/$, parallel market hits ₦1,405/$

The naira traded around ₦1,368 to the United States dollar in the official Nigerian Foreign...

Lagos, FCT, Rivers owe 43% of states’ debt — DMO

Lagos, the Federal Capital Territory and Rivers State accounted for more than 43 per cent...

FG spent ₦3.14trn servicing domestic debt in Q1 — DMO

The Debt Management Office has said the federal government spent N3.14 trillion on servicing its...

Naira trades at ₦1,362/$ on official FX market

The naira opened the new week relatively steady against the United States dollar across both...

Taraba owes ₦85.51bn not ₦1.2tn, commissioner cites official DMO figures

The Taraba State Commissioner for Budget and Economic Planning, Sarah Adi, has dismissed claims that...

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...

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...