Category: Finance

FG seeks fresh $1.25bn World Bank loan for reforms, jobs

The Federal Government is in advanced discussions with the World Bank over a proposed $1.25bn...

Nigeria’s external reserves drop $855m in five weeks

Nigeria’s external reserves declined by approximately $855 million within five weeks, falling from $49.18 billion...

Naira trades at ₦1,361 officially, ₦1,395-₦1,405 in parallel FX market

The naira traded within a relatively stable range against the United States dollar on Monday,...

NPA ex-workers lament low N30,000 pension despite years of service

The President of the Nigeria Port Authority Pensioners and Welfare Association, Charles Binitie, has revealed...

SERAP urges Tinubu to probe missing ₦26.9bn USPF funds

The Socio-Economic Rights and Accountability Project has called on President Bola Ahmed Tinubu to urgently...

PenCom to deploy tools for states pension compliance enforcement

The Director-General of the National Pension Commission, Omolola Oloworaran, has disclosed that the agency plans...

NRS extends office hours to ease June tax filing

The Nigeria Revenue Service has announced the extension of its operations to Saturdays as part...

LG autonomy: I’ve never touched govt funds, says Taraba gov

Governor Kefas Agbu of Taraba State, has explained his approach to implementing local government autonomy,...

National Assembly approves ₦2.285tn FCT 2026 budget proposal

The National Assembly on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital...

Reps sets up panel to recover outstanding FG debts

The House of Representatives on Thursday constituted an ad-hoc committee to investigate debts owed to...

Naira trades stable at ₦1361/$ as FX turnover rises

The naira recorded slight gains against the United States dollar on Thursday, May 7, 2026,...

DMO opens May 2026 savings bond offer with 14.5% return

The Debt Management Office has opened May 2026 FGN Savings Bond subscription, offering Nigerians investment...