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The Naira has fallen to N1,400 against the dollar in the unofficial market, a slight decline from N1,395 per dollar last weekend. This depreciation reflects ongoing challenges in Nigeria's currency stability.
Nigeria's Finance Minister announced that the country has successfully averted an economic collapse and is progressing towards macroeconomic stability. This positive shift follows the implementation of tough reforms aimed at strengthening the economy.
FAAN and three state governments owe over N25bn to NAMA, raising concerns about the agency's funding and operations. This debt situation highlights ongoing financial challenges within the aviation sector.
Peter Uzoho A top official of one of the International Oil Companies (IOCs) operating in Nigeria has called for urgent conversion of recent oil and gas Executive Orders to legislation,
Emmanuel Addeh in Abuja The Nigerian National Petroleum Company Limited (NNPC) recorded a cumulative profit after tax of N1.74 trillion from a total revenue of N17.33 trillion for the five-month
Chairman of the Tax Appeal Tribunal, North Central Zone, Jos, Prof David Agbu, has cautioned that Nigeria’s drive to increase public revenue under the new tax regime must not override
Leading commercial law firm, Babalakin & Co., has reaffirmed its commitment to strengthening Nigeria’s creative economy by rewarding outstanding young artists and promoting the role of law in protecting creativity,
Stakeholders in Nigeria’s capital market have called for stronger institutional reforms, improved regulatory coordination and enhanced investor protection to sustain market growth and strengthen confidence in the country’s financial system.
The Nigerian stock market has seen a significant increase of N3.2 trillion, driven by strong demand for Dangote Cement and 53 other companies. This positive trend reflects growing investor confidence in the market.
Nigeria is grappling with substantial development challenges that hinder its progress. Addressing these issues is crucial for achieving sustainable growth and success.
The Naira has strengthened, closing at N1,368.26 against the dollar after appreciating by N1.92 in the official foreign exchange market. This positive trend indicates a potential recovery in Nigeria's currency value.
Nigeria’s oil and gas sector requires about $25 billion in annual financing to unlock new investments and expand production, a read more ProvidusUnity Bank, Regions Bank seek to close Nigeria’s $25bn oil and gas financing gap
The NCS initially projected ₦6.584 trillion in revenue for 2025, based on its approved budget, but generated ₦7.277 trillion, representing a 10.24 per cent increase over the target. The post Customs surpasses 2025 revenue target, projects N11tn for 2026 appeared first on Prem...
The EFCC has secured convictions for 10 individuals in Delta and Edo states for naira abuse, including spraying at parties. Learn about the penalties for n
…Cash pile swells Oando Plc posted its strongest annual profit on record, as the first full year of production from read more Oando rides Agip Oil assets to record 32% profit jump
The Federal Government has urged communities in Ogun and Ondo states to support the Dangote Industrial City and Deep Seaport project. This initiative is expected to drive economic growth and create numerous opportunities.
The National Drug Law Enforcement Agency (NAFDAC) on Monday received unwholesome drugs worth over N430 million handed over by the read more NAFDAC mops up N430m truck unwholesome drugs in Onitsha drug market
The Nigeria Customs Service aims to generate N11.07 trillion in revenue for the 2026 fiscal year after surpassing its 2025 target by 10.24%. Comptroller-General Adewale Adeniyi announced this ambitious goal following their record performance.
UBA said Mr Elumelu's retirement is in line with the Central Bank of Nigeria's (CBN) corporate governance guidelines, which set a maximum tenure of 12 years for non-executive directors of banks. The post UBA announces Tony Elumelu’s retirement, appoints Emmanuel Nnorom as chair...
The Nigeria Customs Service exceeded its 2025 revenue target by generating ₦7.277 trillion. They are now seeking approval for a proposed budget of ₦11.274 trillion for 2026.
The Allied People’s Movement (APM) pledges to restore Nigeria’s economy and strengthen security, offering a new direction for citizens ahead of the 2027 el
Motul, the globally recognised leader in high-performance lubricants, has partnered with Winpart by CFAO, the aftermarket division of CFAO Mobility read more Automotive firms partner to expand lubricant access in Nigeria
For buyers currently seeking to purchase a car in Nigeria, whether brand new, tokunbo, or even an electric vehicle, the read more Explainer: What Nigeria’s Green Tax means for car buyers, dealers
The OAGF spokesperson explained that the process of opening a CBN account for the PFIPC was never completed because the required documentation to activate the account was not submitted. The post PFIPC has no CBN account, received no funds – OAGF appeared first on Premium Ti...
Yam prices are rising sharply in Enugu markets, forcing buyers to purchase less. This trend is impacting consumers like Patricia Ugonna, who is feeling the pinch of increased costs.
'Account was not successfully opened because there have to be signatories to such an account, which were not provided. As such, no money was paid into the said account' The post PFIPC CBN account opening inconclusive, no funds released — Accountant-Gen appeared first on Vanguar...
The NSDC has initiated elite training cohorts aimed at transforming Nigeria's sugar industry. This marks a significant shift from policy formulation to active implementation of industrial strategies.
With the NGX All-Share Index posting a 46.8 percent return in the first half of 2026, the constituent indices in read more Oil & Gas, Industrial goods made NGX best sectors in H1
They are using discarded polyethylene terephthalate (PET) plastic bottles, to act as makeshift, gravity-fed fuel compartments The post Beating the bad economy: Artisans use plastic bottles to slash generator fuel costs appeared first on Vanguard News.
Data from the official exchange rate window on Monday showed the dollar exchanging at approximately ₦1,370.33/$ at the Nigerian Foreign Exchange Market. The post Naira To Dollar Exchange Rate Today, July 6, 2026 appeared first on Channels Television.