Low Import Bill Pushes Nigeria’s Trade Surplus To $3.46b

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Low Import Bill Pushes Nigeria’s Trade Surplus To $3.46b

Driven by an 18.7 percent decline in import bill, Nigeria’s trade surplus rose by 32.06 percent month-on-month (MoM) to $3.46 billion in April 2026...

Economists Support U.S. Position, Faults Nigeria’s Lack of Fiscal Transparency

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Economists Support U.S. Position, Faults Nigeria’s Lack of Fiscal Transparency

Economists have backed the United States’ assessment that Nigeria failed to meet minimum fiscal transparency requirements, warning that weak budget implementation, poor disclosure of...

The N159 trn Question: When Borrowing Becomes Betrayal

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The N159 trn Question: When Borrowing Becomes Betrayal

There is a certain tragedy in watching a nation articulate its own contradictions in public. On one hand, the Debt Management Office tells us...

Tinubu’s Reforms Push FAAC Allocations Above N2trn Monthly – Oyedele

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Tinubu’s Reforms Push FAAC Allocations Above N2trn Monthly – Oyedele

Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, says the Federal Government’s economic reforms have pushed the monthly Federal Allocation...

Cement Price: FCCPC Uncovers Possible Manipulation After 3-Month Probe

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Cement Price: FCCPC Uncovers Possible Manipulation After 3-Month Probe

The Federal Competition and Consumer Protection Commission (FCCPC) says it has uncovered possible manipulation of cement prices in the Nigerian market following a three-month...

FAAC: FG, States, LGs Share N3 trn

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Don’t Dismiss US 2026 Fiscal Transparency Report, BudgIT Tells FG

The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting...

Dollar To Naira Exchange Rate Today, August 19, 2026

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Dollar To Naira Exchange Rate Today, August 21, 2026

The Nigerian naira remained relatively firm against the United States dollar on Wednesday, August 19, 2026, with the currency trading around the N1,350 per...

Allocations Can’t Guarantee Prosperity For States —Oyedele

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Allocations Can’t Guarantee Prosperity For States —Oyedele

The Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, has said federal allocations alone cannot guarantee prosperity for states, urging...

FG Spends N30.6tn, Saves N15.8tn 30-months Following Subsidy Removal

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FG spends N30.6 tn, Saves N15.8tn 30-months Following Subsidy Removal

The Federal Government has spent N30.64 trillion in government expenditures to mitigate the impact of President Bola Tinubu's policies, which have resulted in N15.8...

Dollar To Naira Exchange Rate Today, August 21, 2026

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Dollar To Naira Exchange Rate Today, August 21, 2026

The Nigerian naira is trading around ₦1,349.06 to the US dollar on Friday, August 21, 2026, according to the latest available live USD/NGN indication. At the...

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