DMO urges states to adopt sustainable debt management practices
The Debt Management Office on Tuesday urged sub-national entities in Nigeria to ensure effective debt management practices to ensure sustainable economic development.…
Finance
Nigeria is no longer borrowing to fund budget, Tinubu declares
President Bola Ahmed Tinubu announced on Tuesday that the economy has stabilised and the revenue target set for this year was met…
CBN uses OMO to curb inflation, support naira stability
The Central Bank of Nigeria is set to roll out fresh liquidity control measures, known as Open Market Operations, to absorb N784…
FG to release 2024 budget performance September ending
The Federal Government has said it will release the long-awaited Budget Performance Report for 2024 by the end of September 2025, alongside…
Naira records highest single-day gain at official FX market
The Naira on Thursday recorded the highest single-day gain against the dollar at the official foreign exchange market this week amid a…
Naira rises to ₦1,537.07/$, ends two-day depreciation streak
The naira closed at ₦1,537.07 per $1 on Wednesday, slightly stronger than the ₦1,537.61 per $1 recorded on Tuesday, ending two straight…