Category: Finance

Naira appreciates to ₦1,408/$ in parallel FX market

The Naira on Monday appreciated to N1,408 per dollar in the parallel market from N1,415...

NEC approves $4.5bn project Gazelle 2 refinancing deal

The National Economic Council has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export...

Workers union demands meeting with Oyedele over unpaid wage award

Federal workers, through the Joint National Public Service Negotiating Council, have called on the Minister...

CBN offers ₦700bn in first August treasury bills auction

The Central Bank of Nigeria on behalf of the Debt Management Office is offering N700...

Naira trades at ₦1,368/$ at official FX market

The naira opened the week with a relatively stable performance against the United States dollar...

Naira holds steady at ₦1,358.63/$ in official FX market

The United States Dollar traded against the Nigerian Naira at an official rate of approximately...

Consumer credit falls for first time in six years

Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per...

2026 budget: FG earmarks ₦400bn for palaces, mosques, civic centres

Nearly N400bn was set aside in the 2026 budget by about 78 Ministries, Departments and...

FG exceeds 2024 borrowing target by ₦4.79tn over revenue shortfall

The Federal Government exceeded its 2024 borrowing target by N4.79tn after a wider-than-projected budget deficit...

NASS commends SEC over fiscal discipline, revenue growth

The National Assembly has commended the Securities and Exchange Commission for strengthening its fiscal sustainability...

Tinubu to announce fresh salary increase for soldiers — Defence minister

The Minister of Defence, General Christopher Musa, retd, has said President Bola Tinubu would soon...

Naira depreciates further to ₦1,407/$ in parallel FX market

The naira depreciated to N1,407 per United States dollar in the parallel market on Monday,...