Category: Finance

CBN, Bank of Angola sign MoU to boost bilateral central banking

The Central Bank of Nigeria and the Bank of Angola on Thursday formally signed a...

Official forex rate stuck at ₦1,475 as parallel market surges

The Naira continued to trade within the mid-₦1,400s on official Foreign Exchange platforms, while the...

Naira weakens as parallel market holds ₦1,505 dollar rate

The Naira traded slightly weaker across Nigeria’s Foreign Exchange windows on Wednesday, October 15, 2025....

Naira strengthens officially, maintains ₦1,500 parallel market rate

The Naira recorded a stronger performance today on the official daily foreign-exchange window, though the...

Senate suspends 2026 budget review pending performance reports

The consideration of Nigeria’s 2026 budget presentation faces uncertainty, as the Senate has suspended review...

Zamfara recorded ₦358.9bn revenue in 2024 — Report

The Zamfara State Government recorded a total revenue of ₦358.9 billion in 2024, representing 82...

Yahaya Bello’s alleged N110bn fraud trial adjourned till November 12

A High Court of the Federal Capital Territory, sitting at Maitama, on Thursday, adjourned further...

Electronic payment transactions hit N384trn in July 2025

Nigeria’s journey toward a fully cashless economy continues to gain momentum as electronic payment transactions...

Naira gains N14.98 as liquidity sustains official FX rally

The naira concluded the four-day trading week with a N14.98 gain in the official foreign...

Over 10m Nigerians benefit from pension scheme — PenCom

The Director-General of the National Pension Commission, Omolola Oloworaran, has asserted that the Contributory Pension...

Naira gains firmness in official market, narrowing black market gap

The Nigerian naira demonstrated continued signs of stability on Friday, October 3, 2025, trading firmer...

Naira appreciates to N1,500 in parallel market

The Naira on Monday appreciated to N1,500 per dollar in the parallel market from N1,510...