FG Vows To Checkmate Indiscriminate Borrowing By States
Worried by the indiscriminate borrowing by state governments from banks and the capital market, the Federal Government has commenced a process to check such...
Dollar To Naira Exchange Rate Today, March 18, 2026
The Nigerian Naira maintained a relatively stable position against the US Dollar on Wednesday, March 18, 2026, as the foreign exchange market reacted to...
Nigeria Inflation Rate Drops to 15.99% in October as Food Prices Ease
Nigerian inflation slowed to a 10th-month low in October, giving the central bank scope to leave interest rates on hold next week. Consumer prices increased...
Dollar To Naira Exchange Rate Today, April 15, 2026
The Nigerian Naira maintained a relatively stable trajectory against the United States Dollar in the early hours of Wednesday, April 15, 2026, as market...
Air Travel Fees Increases By 8.70% In One Year: NBS
The National Bureau of Statistics (NBS) has said in one year, air transport fare rose by 8.70% from N72,690.54 in September 2022 to N79,013.48 in September...
How Buhari Intends To Spend $22.7m Foreign Loan
Here is how the Buhari administration plans to spend the loan and where the projects are located as contained in the document: INFRASTRUCTURE – Emergency road...
FG encourages use of gas-powered vehicles to remove subsidy on petrol
The Minister of State for Petroleum Resources, Timipre Sylva, said that plans are ongoing by the Federal Government to expand the use of Compressed...
Nigeria To Pay More For Petrol Subsidy As Oil Prices Hit Two Month High
Oil prices continued their surge yesterday, hitting a two-month high amid projections that lack of production capacity and limited investment in the sector could...
Banks Struggle As Bad Loans Hit ₦21.2 Trillion: FX Shocks, Soaring Interest Rates, And End Of COVID Forbearance Fuel Defaults
Nigeria’s banking sector is grappling with a surge in bad loans as rising interest rates, foreign exchange volatility, and the withdrawal of COVID-era loan...
“We’re Robbing Our Children To Pay For Our Greed” — Atiku Tackles FG On Rising Debt
Atiku Abubakar, the former vice-president, has again tackled the federal government on Nigeria’s rising debt profile, accusing it of “squandering the opportunities of future...
