Bitcoin Sets New Record Above $71,000
Bitcoin hit a fresh record above $71,000 on Monday as demand for the cryptocurrency picks up amid optimism that the Federal Reserve will cut interest rates this year. The unit hit a peak of $71,432 in afternoon Asian business, according to Bloomberg data, meaning it has advanced almost 70 percent this year. The rally was helped by news that Britain’s Financial...
Fubara Approves N100,000 Christmas Bonus For Rivers Civil Servants
Rivers State Governor, Siminalayi Fubara, has approved the sum of N100,000 for each civil servant in the State. The bonus will go to the thousands of workers in the different Ministries, Departments, And Agencies. The State Commissioner for Information and Communication, Mr. Joe Johnson said the approval was given on Tuesday for “immediate implementation to enable the civil servants to have...
12m Families To Receive N8,000 For Six Months — Tinubu
President Bola Ahmed Tinubu says about 12 million households will get N8,000 over a period of six months to ameliorate the hardships faced by Nigerians as a result of subsidy removal. In a letter to the House of Representatives read by Speaker Tajudeen Abbas during plenary on Thursday, Tinubu said it was designed to enable indigent and vulnerable Nigerian people...
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...
Foreign Portfolio Flows Surge on Nigerian Stock Market
Foreign portfolio inflows into the Nigerian stock market rose sharply by 354.4% to N609.73 billion in the first seven months of 2025 (7M’25), up from N134.19 billion recorded in the same period of 2022 (7M’22). The latest Domestic and Foreign Transactions Report from the Nigerian Exchange Limited (NGX) also revealed that foreign outflows surged by 382.2% to N671.56 billion in...
National Assembly Adjusts 2024 Budget From ₦28.7tn To ₦35.5tn
The Senate has approved the ₦6.2 trillion amendment to the 2024 Appropriation Act, raising this year’s national budget from ₦28.7 trillion to ₦35.055 trillion. The amendment for capital and recurrent are for key infrastructure projects omitted in the 2024 appropriation and for the newly passed ₦70,000 national minimum wage. Meanwhile, the House of Representatives has also passed the amended 2024 budget...
Bitcoin Surge To $84.9K Amid Tariff Exemptions
On Saturday, Bitcoin (BTC) rose 1.5% to $84,900 in an effort to halt a three-month decline following the Trump administration's decision to exempt important tech imports, such as chips and smartphones, from new reciprocal tariffs. The U.S. Customs and Border Protection’s exemptions are seen as a trade war concession, easing market fears. Analysts like The Kobeissi Letter suggest bond market pressure...
Adamawa Governor, Fintiri Raises NYSC Members’ Pay By N10,000
The governor of Adamawa state, Ahmadu Umaru Fintiri, on Tuesday increased the monthly allowance of National Youth Service Corps (NYSC) members in the state with ₦10,000 (ten thousand naira). Fintiri disclosed this in a statement and said he was excited to welcome the 2023 Batch ‘C’ Stream II Corps members to Adamawa State. “Your dedication to nation-building is recognized, and we’re...
How CBN Spent N74bn In Naira Redesign, Others In 2022 — Report
It cost the Central Bank of Nigeria and its subsidiary about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the scarcity of naira that plagued the country in the latter months of 2022, the CBN spent 40.42 per cent more than the N53.29bn it spent in the preceding year, to rollout currencies. According to the...
ICAN To Train Officers Of Nigeria Police On Forensic Accounting
The Institute of Chartered Accountants of Nigeria (ICAN) has announced plans to commence forensic accounting training for police officers in the country. The ICAN’s President, Malam Tijani Musa, who disclosed this yesterday during the institute’s 2023 Faculties Induction Ceremony, said the training would further support the effective discharge of the officers’ public duties and responsibilities, as well as deepen ICAN’s...
![Ohafia Monarchs Reject 'UDUMEZE OF OHAFIA' Title, Insist It's Unrecognized, Misleading [Document Attached]](https://abntv.com.ng/wp-content/uploads/2025/07/FB_IMG_1752179354516-100x75.jpg "Ohafia Monarchs Appeal For Calm, Reaffirm Neutrality In Ohafia Improvement Union Election Process")
