Category: Finance

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...

Naira holds steady at ₦1,368/$ in official FX market

The naira remained relatively stable against the United States dollar across both the official and...

Five countries that recently changed, redenominated their currencies

Several countries have changed, replaced or redenominated their currencies in recent years as governments sought...

Naira stable at ₦1,362/$ in official FX market

The naira maintained a relatively stable position against the United States dollar in the official...

Anthropic created fake identities to push malicious code – Report

Anthropic’s Mythos AI model created fake online identities in an attempt to persuade humans to...

Naira appreciates to ₦1,408/$ in parallel FX market

The Naira on Monday appreciated to N1,408 per dollar in the parallel market from N1,415...

NEC approves $4.5bn project Gazelle 2 refinancing deal

The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export...

Workers union demands meeting with Oyedele over unpaid wage award

Federal workers, through the Joint National Public Service Negotiating Council, have called on the Minister...