Category: Finance

Naira steady at ₦1,321/$ as parallel FX market gap widens

The exchange rate between the dollar and the naira continues to draw attention as Nigerians...

26 states still lean on FAAC despite revenue growth — Report

At least 26 state governments were unable to generate sufficient internal revenue to cover their...

Naira opens new week at ₦1,321/$ in official FX market

The naira opened the new trading week on a mixed note, exchanging at about N1,321.68...

Probe ‘diverted’ ₦78.8bn cash transfer funds, SERAP tells Tinubu

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu “to direct the Ministry...

BREAKING: Nigeria’s external reserves cross $54bn, first time in 18 years

Nigeria’s external reserves have crossed the $54 billion mark for the first time since December...

GDP growth hasn’t improved workers’ lives, senior civil servants lament

The Association of Senior Civil Servants of Nigeria has said Nigerians have not experienced any...

12 outgoing govs to leave behind ₦5.3tn debt burden — Report

Twelve state governors whose tenures will end in 2027 and early 2028 are set to...

US Mint releases 250,000 $1 coins featuring Trump’s portrait

The United States Mint has released 250,000 $1 coins featuring the likeness of President Donald...

Official rate hits ₦1,329/$ as parallel market tops ₦1,400/$

The naira exchanged at varying rates across Nigeria’s official and parallel foreign exchange markets, as...

EFCC uncovers stolen LG funds in crypto wallets

The Economic and Financial Crimes Commission has revealed how public money was diverted from a...

Personal pension plan contributions rise 42% to ₦147m

Quarterly contributions into the Personal Pension Plan rose 42.46 per cent to N147.16m in the...

Naira strengthens to ₦1,337/$ as FX turnover falls sharply

The naira strengthened to N1,337/$ at the Nigerian Foreign Exchange Market on Friday, extending its...