Category: Finance

Naira steady at ₦1,346/$ in official market

The naira is trading relatively steadily against the United States dollar on Wednesday, August 26,...

33 states spent ₦512bn on govt houses, travel in six months — Report

Thirty-three state governments spent at least N512.10bn on Government Houses, Governors’ Offices and travel and...

Lagos has paid ₦168.2bn to over 48,000 retirees since 2007 — LASPEC

The Lagos State Government has paid a cumulative N168.2 billion to over 48,000 retirees under...

FX market turnover hits 2026 high of $5.06bn

Nigeria’s foreign exchange market posted its strongest weekly turnover so far in 2026, with total...

Electronic payments hit ₦1.053 quadrillion in Q1 despite fewer transactions

Electronic payment transactions, via six channels, recorded a 2.85 per cent, year-on-year increase in value...

Naira holds steady near ₦1,346/$ amid market stability

The naira maintained relative stability against the United States dollar on Tuesday, August 25, 2026,...

Nigeria’s external reserves hit $52.66bn in August

Nigeria’s external reserves have expanded by $7.09 billion since the start of 2026, climbing to...

Lagos pensioners give Sanwo-Olu August 31 deadline over unpaid arrears

Lagos State Government is facing a looming confrontation with retirees under the Contributory Pension Scheme...

Pension contributions rose to 11.18 million in Q1

Federal Government’s National Pension Commission, PenCom, has said cumulative Retirement Savings Account registrations under the...

Benue govt okays ₦294.53m for malaria chemo-prevention campaign

The Benue State Government has approved N294.53m as counterpart funding for the 2026 Seasonal Malaria...

Domestic transactions on NGX hit record ₦10.68trn in July

Domestic transactions on the Nigerian Exchange Limited rose to a record N10.68 trillion in July...

Naira strengthens to ₦1,346.90/$ amid surge in FX activity

The naira strengthened by 0.84 per cent against the United States dollar at the Nigerian...