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Nigeria to spend over half of projected 2026 revenue on debt servicing…
The International Monetary Fund’s (IMF) has projected that Nigeria will spend more than half of its revenue on debt servicing in…
Dollar to Naira exchange rate today, June 17, 2026
The naira recorded slight variations against the United States dollar across foreign exchange market segments on 17 June 2026.…
CBN issues directives to banks, PSPs on storage, management of payment…
The Central Bank of Nigeria (CBN) has directed banks and payment service providers (PSPs) to store and manage payment transaction…
VAT revenue increased to N2.42trn, CIT drops to N1.37trn in Q1 2026 — NBS
Nigeria recorded N2.42 trillion in value-added tax (VAT) revenue in the first quarter of 2026, according to the latest sectoral…
Dangote secures $600m fertiliser expansion deal
The Dangote Group has strengthened its partnership with the Africa Finance Corporation (AFC) through a $600 million loan agreement…
Oil prices drop after reported US-Iran deal signals reopening of Strait of…
Oil prices fell in early trade in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a…
Dollar to Naira exchange rate today, June 13, 2026
The naira traded within a relatively stable range against the United States dollar on Friday, June 13, 2026, across both the…
Dollar to Naira exchange rate today, June 12, 2026
The Nigerian naira maintained relative stability against the United States dollar on Friday, June 12, 2026, in both the official…
Dollar to Naira exchange rate today, June 11, 2026
The Nigerian naira recorded a relatively stable performance against the United States dollar on Thursday, June 11, 2026, in both…
Nigeria’s proposed $5bn Abu Dhabi swap deal draws IMF warning
The International Monetary Fund has urged Nigerian authorities to carefully assess the proposed $5 billion financing arrangement…