Category: Finance

Naira weakens to ₦1,421.63/$ amid persistent FX demand pressure

The naira closed the week on a weaker note across both official and parallel market...

LIRS vows to recover unpaid taxes through banks, employers

The Lagos State Internal Revenue Service has announced that it will enforce its statutory powers...

Borno gov raises CJTF, vigilantes’ monthly allowance to ₦50,000

Borno State Governor, Professor Babagana Umara Zulum, has approved an increase in the monthly allowances...

NELFUND disburses ₦1.326bn to 6,308 UNILAG students

The Nigerian Education Loan Fund has disbursed N1,326,550,000 to the University of Lagos for the...

Naira closes week weaker at ₦1,421.9/$ amid supply constraints

The naira ended the trading week weaker at the official foreign exchange market, closing at...

2026 budget: FG allocates N198.53bn for 9,230 intervention projects

An examination of the consolidated ZIP/ZIF master project sheet for the 2026 budget cycle reveals...

CBN refund billions as 2025 customer complaints hit record high

The Central Bank of Nigeria resolved 9,771 out of 10,704 complaints received from bank customers...

Naira steady at ₦1,417/$ amid growth projections

The Naira recorded a stable performance in the early trading session on Tuesday, January 20,...

Naira holds steady against dollar, pound

The Naira maintained a steady position against the United States Dollar in the early hours...

Budget office debunks N246bn NEDC salaries claim

The Budget Office of the Federation has dismissed claims that the North East Development Commission...

LIRS fixes January 31 deadline for employers’ 2025 tax returns

The Lagos State Internal Revenue Service has reaffirmed January 31, 2026, as the final deadline...

No VAT on transfers but bank service fees — NRS

The Nigeria Revenue Service has dismissed reports claiming that Value Added Tax is being charged...