States, FCT External Debt Sums Up To $5.7bn Despite Higher FAAC Disbursements
Thirty-two states and the Federal Capital Territory’s debt rose to nearly $5.7bn in fresh external loans in 2025, driving a year-on-year surge in subnational...
Obaseki plunges Edo into foreign debt with no result to show, DMO reports says
A report from Nigeria’s Debt Management Office (DMO) has shown that Edo State sunk into scary levels of foreign debt under the administration of...
Adopt Zimbabwe’s Style To Curb Inflation, Obasanjo Urges FG
Former President Olusegun Obasanjo has advised the Federal Government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the...
Pound To Naira Exchange Rate Today, April 24, 2026
The Nigerian naira remains under pressure against the British pound across both official and parallel foreign exchange markets, with rates reflecting persistent demand for...
Dollar To Naira Exchange Rate Today, April 14, 2026
The Nigerian Naira showed signs of marginal recovery in the early trading hours of Tuesday, April 14, 2026, as the foreign exchange market reacted...
Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery,...
Dollar To Naira Exchange Rate Today, March 4, 2026
The Nigerian Naira experienced a period of controlled volatility against the US Dollar on Wednesday, March 4, 2026, as the Nigerian Foreign Exchange Market...
Buhari signs Finance Bill into law
The President, Major General Muhammadu Buhari (retd.), has signed the finance bill into law. He made this known via his Twitter handle on Monday. “I am...
‘High Petrol Price Could Spike Headline Inflation To 20%’ – J P Morgan
Meanwhile, President Bola Tinubu declared that petrol subsidy payments have ceased during his inaugural speech on May 29. Nigerian National Petroleum Company (NNPC) Limited instantly...
FG Targets Five Million Jobs From €995m Agric Programme
The Federal Government says it is targeting about five million jobs for farmers through the €995m agricultural mechanisation programme. The initiative was aimed at boosting...
