Naira Value Drop: EFCC Storms Abuja Bureau De Change Hub
Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday stormed Wuse Zone 4, Abuja, home to most bureau de change operators in the Federal Capital Territory, A source said the raid was a covert operation to dislodge currency specu...
FG Debt Repayments Surpasses 2025 Budget Allocation By Nearly N2tn
Federal government debt repayments exceeded the 2025 amended budget allocation by N1.90tn in the first nine months of the year, fresh data from the...
Despite Improved Revenue, We Still Need More Borrowings, Edun Tells SenateÂ
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to fund its budget even...
Yahaya Bello Breaks Silence On Why He, Gov. El-Rufai Stormed Supreme Court Over Naira Notes
Governor Yahaya Bello of Kogi state has explained the reason why he and Governor Nasir el-Rufai stormed the Supreme Court hearing on the old...
Ogun Debt Hits N494bn, IGR Rises Above N240bn
The Ogun State Commissioner for Finance and Chief Economic Adviser to the Governor, Dapo Okubadejo, on Tuesday said the state’s debt profile currently stands...
N-Power: Enrollees Lament Delay In Stipend`s Payment
Some enrollees of the Federal Government’s N-Power Programme on Monday decried the continuous delay of payment of their N30,000 monthly stipends. The beneficiaries who spoke...
Abuja Black Marketers Shuts Down Operation
In a surprising move, foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading on Thursday...
ANAN President, Prof. Osisioma Tasks Leaders On Sustainable Consumption
The National President of Association of National Accountants of Nigeria (ANAN), Rev. Canon Prof. Chuka Osisioma has urged leaders across the country to imbibe...
Witness: How Emefiele Withdrew $6.23m From CBN With Forged Documents
The 11th prosecution witness (PW11), Bashirudden Muhammed Maishanu, yesterday told the Federal Capital Territory High Court in Abuja how $6.23 million was allegedly withdrawn...
Naira Faces Fresh Pressure as Parallel Market Rates Weaken Despite Official FX Stability
The Nigerian Naira began the week under renewed pressure in the unofficial foreign exchange market, commonly referred to as the black or parallel market. On...
