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We’re Worried Over Naira Depreciation — Senate

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Senate Passes N98.5bn FCT Supplementary Budget

The Senate Committee on Finance has expressed worry over the instability and continuous depreciation of the naira. According to the Senate, the persistent depreciation of...

FG Has Secured $30bn Investment In Last One Year, Says Minister Of Trade And Investment

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Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite said Nigeria had secured an investment commitment of over $ 30 billion in the last...

Senate Backs Naira Redesign, Seeks Extension Of Mop Up Timeline For Old Notes

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Senate Approves $800m World Bank Loan Request

The Senate on Wednesday endorsed the proposed redesign of the country's official currency, Naira note by the apex bank, Central Bank of Nigeria but...

Why I Seek Fresh N2.3tr Loan — Buhari

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President Muhammadu Buhari, yesterday, wrote the National Assembly for approval to borrow fresh $6.183 billion (N2.343 trillion) to fund the 2021 budget deficit of...

Refineries Can’t Start Working Now — Kyari

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the country’s moribund refineries cannot be quickly restored. Speaking in Abuja on Tuesday when he appeared before the House of Representatives ...

Aiyedatiwa Approves N33.8 Billion For OSOPADEC, Tasks New Board On Grassroots Development

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Aiyedatiwa Approves N33.8 Billion For OSOPADEC, Tasks New Board On Grassroots Development

Ondo State Governor, Dr. Lucky Aiyedatiwa, has approved a record-breaking N33.8 billion budget for the Ondo State Oil Producing Areas Development Commission (OSOPADEC), marking...

Nigerians Groan As Bag Of Rice Hits N77,000

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NIN Required To Buy 50kg Bag Of Rice At N40,000 - Federal Government

This is not the best of times for Nigerian families, who have had to adopt bizarre cost-cutting measures to cope with the recent hardship...

Naira Appreciates To N1,395/$ In Parallel Market

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Dollar To Naira Exchange Rate Today, April 16, 2026

The Naira yesterday appreciated to N1,395 per dollar in the parallel market from N1,405 per dollar last week.  However, the naira depreciated to N1,383 per...

Tax Revenue Jumps 30% To N28.3trn In 2025

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Court Directs Abia Govt To Seal Globacom Offices Over Unpaid tax

The Nigerian Revenue Service (NRS) generated N28.3 trillion in tax revenue in 2025, representing a 30 per cent increase over the N21.7 trillion recorded...

Collaborative Effort Between NIMASA, The Port Facility Security Officers Forum Of Nigeria (PFSOFN)

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Collaborative Effort Between NIMASA, The Port Facility Security Officers Forum Of Nigeria (PFSOFN)

Key Highlights: 1. National Maritime Security Strategy in the Works NIMASA, Nigeria’s Designated Authority for implementing the ISPS Code, is leading efforts to formalize a...

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