Category: Finance

Naira holds steady against dollar, pound

The Naira maintained a steady position against the United States Dollar in the early hours...

Budget office debunks N246bn NEDC salaries claim

The Budget Office of the Federation has dismissed claims that the North East Development Commission...

LIRS fixes January 31 deadline for employers’ 2025 tax returns

The Lagos State Internal Revenue Service has reaffirmed January 31, 2026, as the final deadline...

No VAT on transfers but bank service fees — NRS

The Nigeria Revenue Service has dismissed reports claiming that Value Added Tax is being charged...

Budget office clarifies ₦246bn NEDC budget controversy

The Budget Office of the Federation has dismissed claims suggesting that the North East Development...

Insecurity: States spent N525bn on security votes in three years

States across Nigeria earmarked a combined N525.23bn for security votes and related operations between 2023...

Naira holds steady amid pressure at FX market

The Naira remained largely stable but continued to face pressure against the United States Dollar...

FG, states, LGs shared N6trn FAAC in Q3 2025

The Nigerian Extractive Industries Transparency Initiativ has disclosed that the Federal Government, states and local...

TETFund to disburse N6.452bn to tertiary institutions

The Tertiary Education Trust Fund has announced plans to disburse a total of N6.452 billion...

Nigeria cuts fuel import spending by 54% — CBN

Nigeria’s spending on the importation of refined petroleum products has declined sharply by 54 per...

Pound trades near ₦1,918 as naira stabilises against dollar

The British Pound recorded a marginal gain in the Nigerian Foreign Exchange Market on Tuesday,...

FG allocates N10bn to maintain Shettima’s aircraft

The Federal Government has earmarked a cumulative sum of N10.61bn for the overhaul of engines...