Fitch Ratings Cautions FG Against Liquidity Risks In $5bn Swap
Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating...
Dollar To Naira Exchange Rate Today, June 25, 2026
The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026, across both the official and parallel foreign exchange markets...
Tax Reform Push: NTPIC Engages Top Experts, Professional Bodies To Drive Effective Implementation Of Nigeria’s New Tax Laws
The National Tax Policy Implementation Committee (NTPIC) has intensified its nationwide stakeholder engagement campaign, holding a high-level consultative session with leading tax advisory firms,...
How Nigeria Spent N896.7bn On Debt Servicing In Q1’22
Nigeria spent N896.7 billion on domestic and foreign debt servicing in the first quarter of 2022, Q1’22 , representing a 12 per cent year-on-year (YoY) decline from N1.02 trillion spent in the corresponding period of 2021. In its External and Domes...
World Bank Approves Nigeria’s $750 Million Loan
The World Bank has approved a $750 million loan to the Federal government which is to be used to improve electricity supply in the...
Nigeria’s Economy Heading Towards Recession – Finance Minister
Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession. However, Ahmed projected that the extent of the...
Umahi Holds #EndSARS Youth Summit, Earmarks N3bn Empowerment Fund
Governor David Umahi of Ebonyi state says the state government has earmarked N3 billion for the #EndSARS youth empowerment scheme. Umahi said this on Wednesday...
Nigerians Must Support Locally Made Goods To Grow Economy, Buhari Advises
President Muhammadu Buhari has urged Nigerians to support locally manufactured goods to boost trade activities and prospects in the country. He said this Friday in...
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...
Tinubu To Present N26.1 Trillion 2024 Budget To National Assembly November
President Bola Tinubu will present the proposed N26.1trillion 2024 budget estimates to joint session of the National Assembly early next month, the Senate revealed...
