World Bank blacklists CCECC, five other Chinese firms operating in Nigeria
The World Bank has blacklisted six Chinese companies currently operating in Nigeria over alleged fraud and corruption. The companies, according to an announcement published on...
Financial Institutions Race To Meet CBN Deadline On New Cyber-Security Standard
Nigeria’s financial institutions are fighting to meet the deadline of June 10, 2026 set by the Central Bank of Nigeria, CBN, for onboarding to...
Dollar To Naira Exchange Rate Today, March 25, 2026
The Nigerian Naira opened the mid-week trading session with a slight recovery, paring some of the losses recorded in the previous session as liquidity...
FG earned N5.04tn from oil in 11 months – CBN
Between January and November last year, the Federal Government made about N5.04tn from the sale of oil, figures obtained from the Central Bank of...
Dollar To Naira Exchange Rate Today, February 13, 2026
The Nigerian Naira maintained a stable outlook against the United States Dollar during the Friday morning trading session on February 13, 2026. As the...
We Had To Borrow To Fund Roads, Rail, Power – Buhari
The President, Muhammadu Buhari, on Tuesday, justified the nation’s debt profile, saying his regime needed to borrow to fund critical infrastructure like roads, rail,...
We Are Borrowing Wisely – Minister of Finance
Minister of Finance Zainab Ahmed has stated that the present administration is prudently borrowing to address the country’s infrastructure deficit. Ahmed, speaking at a news...
Nigeria’s Economic Problem Generational, Tinubu Working Hard To Tackle It — APC
Felix Morka, the All Progressives Congress (APC) Publicity Secretary, has said that the economic problems the President Bola Tinubu-led administration is working to tackle...
Naira Appreciates To N1,416/$ In Parallel Market
The Naira yesterday appreciated to N1,416 per dollar in the parallel market from N1,420 per dollar on Wednesday. However, the naira depreciated to N1,365.1 per...
Emefiele risks jail term over $53m garnishee order
The Governor of Central Bank of Nigeria, Mr Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute...
