IMF Warns As Nigeria Captures 60% Of SSA Stablecoin Inflows
•Flags risks to monetary policy, financial integrity •As Nigeria ranks 2nd globally, with $59bn crypto inflows The International Monetary Fund (IMF) has disclosed that Nigeria accounts for...
Over 5,000 Debtors Owe FG N5.2trn, Says Finance Minister
Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed has said the Federal Government will enforce the recovery of N5.2 trillion debt owed by over 5,000 debtors through various Ministr...
Dollar To Naira Exchange Rate Today, June 25, 2026
The naira traded relatively stable against the United States dollar on Thursday, June 25, 2026, across both the official and parallel foreign exchange markets...
Ogah Seeks Republic of Korea’s Collaboration To Develop Nigerian Mining Sector [PHOTOS]
Minister of State, Mines and Steel Development, Dr. Uchechukwu Sampson Ogah has said that about 44 different minerals in commercial quantities in the country,...
Lagos Assembly Passes N2.267tn 2024 Budget Into Law
The Lagos State House of Assembly has passed the N2.267 trillion budget for 2024 presented by Governor Babajide Sanwo-Olu last year. The budget, comprising 58...
NIGERIA’S BORDER CLOSURE NOT MEANT TO PUNISH OUR NEIGHBOURS – BUHARI
President Muhammadu Buhari Saturday in London said that the partial closure of Nigeria’s borders is not meant to punish her neighbours, but to strengthen...
Despite Improved Revenue, We Still Need More Borrowings, Edun Tells Senate
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Nigerian government needs more borrowings to fund its budget even...
FG To Deduct N3.6tn From Federation Account Over Electricity Subsidy
The Federal Government has proposed a N3.6tn deduction from the Federation Account to fund electricity subsidies in 2026, 2027, and 2028, a move designed...
FG Insists On N30bn Duty As It Bans 91 Billionaires, VIP’s Jets
The Federal Government has directed the Nigeria Customs Service to ground 91 private jets belonging to some wealthy Nigerians over their alleged refusal to...
NERC Explains Reason For Saturday’s Grid Collapse
The Nigerian Electricity Regulatory Commission has revealed that Saturday’s grid collapse was a result of a current transformer explosion. For the third time in one...
