Category: Finance

12 outgoing govs to leave behind ₦5.3tn debt burden — Report

Twelve state governors whose tenures will end in 2027 and early 2028 are set to...

US Mint releases 250,000 $1 coins featuring Trump’s portrait

The United States Mint has released 250,000 $1 coins featuring the likeness of President Donald...

Official rate hits ₦1,329/$ as parallel market tops ₦1,400/$

The naira exchanged at varying rates across Nigeria’s official and parallel foreign exchange markets, as...

EFCC uncovers stolen LG funds in crypto wallets

The Economic and Financial Crimes Commission has revealed how public money was diverted from a...

Personal pension plan contributions rise 42% to ₦147m

Quarterly contributions into the Personal Pension Plan rose 42.46 per cent to N147.16m in the...

Naira strengthens to ₦1,337/$ as FX turnover falls sharply

The naira strengthened to N1,337/$ at the Nigerian Foreign Exchange Market on Friday, extending its...

Naira appreciates to ₦1403/$ in parallel FX market, slips at official window

The naira appreciated to N1,403 per dollar in the parallel market on Friday from N1,407...

Naira extends gains as dollar trades near ₦1,341/$ officially

The naira strengthened further against the United States dollar at the official foreign exchange market...

CREDICORP warns lenders against harassing loan defaulters

The Nigerian Consumer Credit Corporation has warned lenders against harassing or humiliating borrowers over unpaid...

FG has disbursed ₦600bn cash transfers to 10 million households — Minister

The Federal Government has disbursed more than N600 billion in cash transfers to over 10...

FG launches $1bn HOPE-SP to move Nigerians out of poverty

The Federal Government on Wednesday, launched a $1 billion social protection programme designed to shift...

States’ IGR rose 34% to ₦2.43tn in H1

The Internally Generated Revenue of Nigerian states rose by 34 per cent to N2.43tn in...