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 segments, with analysts pointing to supply constraints…
Finance
LIRS vows to recover unpaid taxes through banks, employers
The Lagos State Internal Revenue Service has announced that it will enforce its statutory powers to recover unpaid taxes from defaulting taxpayers…
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 for security volunteers under the Borno Youth…
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 2025/2026 academic session. The funds cover 6,308…
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 ₦1,421.9 per United States dollar as domestic…
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 that the Federal Government has set aside…
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 in the first half of 2025. The…
Naira steady at ₦1,417/$ amid growth projections
The Naira recorded a stable performance in the early trading session on Tuesday, January 20, 2026, as the foreign exchange market responds…
Naira holds steady against dollar, pound
The Naira maintained a steady position against the United States Dollar in the early hours of Monday, January 19, 2026, as the…
Budget office debunks N246bn NEDC salaries claim
The Budget Office of the Federation has dismissed claims that the North East Development Commission runs a N246.77 billion salaries budget. It…
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 for employers operating in the state to…
No VAT on transfers but bank service fees — NRS
The Nigeria Revenue Service has dismissed reports claiming that Value Added Tax is being charged directly on bank transfers, clarifying that the…