Tag:Naira

Atiku: FAAC Boom Is Money Illusion, Nigerians Getting Poorer

  Former Vice President Atiku Abubakar has described the reported increase in monthly allocations to the three tiers of government from the Federation Account as...

FG Spends ₦9.39trn on Wages From ₦15.8trn Subsidy Savings — Oyedele

The Federal Government spent ₦9.39 trillion on wage adjustments, minimum wage increases and allowances for public servants between June 2023 and December 2025, using...

Nigeria Inflation Falls to 15.43% as Food Prices Keep Rising

Nigeria’s headline inflation rate eased to 15.43 per cent in July 2026, extending the recent moderation in price pressures, even as rising food prices...

Naira Wobbles as Dollar Nears ₦1,500 in Parallel Market

Nigeria’s currency traded mixed on Tuesday, with the naira hovering around ₦1,470 per US dollar at the official market while the parallel market in...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community (SADC) are seeking to deepen economic cooperation in trade, investment,...
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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

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Nigeria, Southern Africa Move to Deepen Trade and Economic Cooperation

Nigeria and countries of the Southern African Development Community...

Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...