FG targets ₦700bn in April domestic bond auction
The Federal Government plans to raise N700bn from the domestic bond market in April 2026, extending a gradual reduction in offer size…
Finance
FG unveils new help desk for civil servants’ welfare
The Federal Government has taken a decisive step to address long-standing challenges in Nigeria’s public service welfare system by unveiling a new…
Nigeria isn’t poor, huge money moves below radar – Tinubu’s aide
The Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, Tope Fasua, has asserted that Nigeria should not be classified as…
Nigeria’s public debt hits ₦159trn amid rising concerns
Nigeria’s total public debt rose to N159.28 trillion, equivalent to 110.97 billion dollars, as of December 2025, according to the latest data…
Forex traders blame fiscal indiscipline for naira instability
Forex traders have linked the worsening volatility of the naira at the parallel market to what they describe as fiscal indiscipline and…
Tinubu approves $75m investment in Flutterwave
President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company advances plans for its Initial Public Offering.…
Dollar hits one-week high as US-Iran tensions spike FX fears
The United States dollar climbed to a one-week high against major currencies on Monday as renewed tensions between the United States and…
Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties
The Nigerian currency showed consolidation against the American dollar after the recent bullish run for the Naira after the pair peaked at…
FG rejects claims of diversion from federation revenue
The Federal Government says deductions from the federation earnings by the Federation Account Allocation Committee are being misrepresented as a diversion of…
Nigeria’s FX reserves drop to $48.6bn in five weeks
Nigeria’s foreign exchange reserves have declined to $48.6 billion as of April 16, 2026, marking a cumulative drop of about $1.38 billion…
NGX extends trading hours to 4pm from April 27
Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00 a.m. to 4:00 p.m. (WAT), effective Monday April 27,…
Nigerian insurers pay ₦307bn claims in 2025
Nigeria’s insurers paid N307.2 billion in claims in the 2025 financial year, up from N216.9 billion in 2024, representing a 41.6 per…