Category: Finance

DMO raises Q2 Treasury Bills issuance by ₦850bn

The Debt Management Office has increased its Nigerian Treasury Bills issuance programme for the second...

FG clears over ₦700bn contractor debts

The Federal Government has processed payments exceeding N700bn in verified obligations owed to local contractors...

FG slashes imprest for ministers, heads of MDAs

The Federal Government has introduced a fresh set of measures aimed at strengthening financial discipline...

Dollar trades near ₦1,400 in parallel FX market

The naira maintained relative stability against the United States dollar in both the official and...

Reps recover over ₦521m in unremitted VAT from CBN

The House of Representatives Public Accounts Committee has recovered ₦521,765,134.17 in unremitted Value Added Tax...

Nigerian stocks rebound, gain ₦235bn after four-day slide

The Nigerian equities market staged a recovery on Friday, June 6, 2026, ending a four-session...

Debt servicing exceeded 2025 budget by ₦1.9tn — Budget office

Fresh data released by the Budget Office of the Federation has revealed that the Federal...

Naira holds firm as dollar trades near ₦1,361/$

The naira maintained a relatively stable performance against the United States dollar at both the...

CBN raises foreign tuition remittance limit to $25,000

The Central Bank of Nigeria has increased the maximum tuition fee remittance allowed for Nigerian...

Naira trades at ₦1,373/$ at official FX market

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

Nigeria’s private sector credit remains below economic peers — AfDB

Nigeria’s banking sector extends credit to the private sector equivalent to just 9.4 per cent...

Public sector pension remittances hit ₦903bn as assets surge

Public sector pension remittances recorded a significant increase of 234.85 per cent, rising to N550.96...