Category: Finance

FAAC shares ₦2.04tn March revenue across FG, states, LGs

The Federation Account Allocation Committee shared a total of N2.04tn as revenue for March 2026,...

FG targets ₦700bn in April domestic bond auction

The Federal Government plans to raise N700bn from the domestic bond market in April 2026,...

FG unveils new help desk for civil servants’ welfare

The Federal Government has taken a decisive step to address long-standing challenges in Nigeria’s public...

Nigeria isn’t poor, huge money moves below radar – Tinubu’s aide

The Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, Tope Fasua, has asserted...

Nigeria’s public debt hits ₦159trn amid rising concerns

Nigeria’s total public debt rose to N159.28 trillion, equivalent to 110.97 billion dollars, as of...

Forex traders blame fiscal indiscipline for naira instability

Forex traders have linked the worsening volatility of the naira at the parallel market to...

Tinubu approves $75m investment in Flutterwave

President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company...

Dollar hits one-week high as US-Iran tensions spike FX fears

The United States dollar climbed to a one-week high against major currencies on Monday as...

Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties

The Nigerian currency showed consolidation against the American dollar after the recent bullish run for...

FG rejects claims of diversion from federation revenue

The Federal Government says deductions from the federation earnings by the Federation Account Allocation Committee...

Nigeria’s FX reserves drop to $48.6bn in five weeks

Nigeria’s foreign exchange reserves have declined to $48.6 billion as of April 16, 2026, marking...

NGX extends trading hours to 4pm from April 27

Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00 a.m. to...