“Nigeria Can’t Achieve Building a $1tn Economy On Outdated Data”—Speaker Abbas
The Speaker of the House of Representatives, Tajudeen Abbas, on Monday said Nigeria cannot achieve its ambition of becoming a $1 trillion economy without...
Equity Investors Lose N4.9trn, As market Uptrend Reverses
The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange...
Dollar To Naira Exchange Rate Today, June 4, 2026
The Nigerian currency traded within a relatively stable range against the United States dollar on Thursday, June 4, 2026, as the gap between the...
Naira Now N1,398 /$ In Parallel Market
The Naira yesterday depreciated to N1,398 per dollar in the parallel market from N1,385 per dollar on Tuesday. But the naira appreciated to N1,360 per...
Dollar To Naira Exchange Rate Today, June 3, 2026
The Nigerian naira remained relatively stable against the United States dollar on Wednesday, June 3, 2026, across both the official and parallel foreign exchange...
Nigeria Spends $2.34bn On Food Imports In 2025, Down 7.4%
•Food import share shrinks as total imports jump 28% By Babajide Komolafe Nigeria’s spending on food imports declined by 7.4 per cent, year-on-year to $2.34 billion in...
Dollar To Naira Exchange Rate Today, June 2, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Tuesday, June 2, 2026, across both the official Nigerian...
CBN Targets N2.83tn Cash In Financial Channels Ahead Of 2027 General Election
The Central Bank of Nigeria has unveiled an ambitious plan to bring about N2.83tn currently held outside the banking system into formal financial channels...
Dollar To Naira Exchange Rate Today, June 1, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar across the official Nigerian Foreign Exchange Market (NFEM) and the...
FG Terminates $717 Million World Bank Power Loan Amid Blackouts
The federal government has cancelled $717.7 million in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a...
