FG clears over ₦700bn contractor debts
The Federal Government has processed payments exceeding N700bn in verified obligations owed to local contractors over the past few months, including N436.6bn…
Finance
FG slashes imprest for ministers, heads of MDAs
The Federal Government has introduced a fresh set of measures aimed at strengthening financial discipline across Ministries, Departments and Agencies by imposing…
Dollar trades near ₦1,400 in parallel FX market
The naira maintained relative stability against the United States dollar in both the official and parallel foreign exchange markets as traders continued…
Reps recover over ₦521m in unremitted VAT from CBN
The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax from the Central Bank of Nigeria following…
Nigerian stocks rebound, gain ₦235bn after four-day slide
The Nigerian equities market staged a recovery on Friday, June 6, 2026, ending a four-session losing streak as increased buying interest in…
Debt servicing exceeded 2025 budget by ₦1.9tn — Budget office
Fresh data released by the Budget Office of the Federation has revealed that the Federal Government’s debt repayments exceeded the allocation provided…
Naira holds firm as dollar trades near ₦1,361/$
The naira maintained a relatively stable performance against the United States dollar at both the official and parallel foreign exchange markets, as…
CBN raises foreign tuition remittance limit to $25,000
The Central Bank of Nigeria has increased the maximum tuition fee remittance allowed for Nigerian students pursuing undergraduate and postgraduate studies abroad…
Naira trades at ₦1,373/$ at official FX market
The naira traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between…
Nigeria’s private sector credit remains below economic peers — AfDB
Nigeria’s banking sector extends credit to the private sector equivalent to just 9.4 per cent of the country’s Gross Domestic Product, underscoring…
Public sector pension remittances hit ₦903bn as assets surge
Public sector pension remittances recorded a significant increase of 234.85 per cent, rising to N550.96 billion in the fourth quarter of 2025,…
Naira strengthens against dollar in official, parallel FX markets
The naira recorded further gains against the United States dollar on Tuesday, appreciating in both the parallel market and the official foreign…