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Saturday, June 13, 2026
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Economy

Naira Rebounds To ₦1,363.5/$

Economy Staff Editor -
The naira on Friday strengthened to close at ₦1,363.5 per dollar at the official foreign exchange market. The development followed a sharp depreciation at the...

Nigeria Recorded ₦2.28 Trillion VAT in Q3 2025 – NBS

Economy Staff Editor -
Nigeria’s aggregate Value Added Tax (VAT) revenue stood at ₦2.28 trillion in Q3 2025, according to the National Bureau of Statistics (NBS). In its latest...
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Naira Closes in the Red at ₦1,341.35/$

Economy Staff Editor -
The foreign exchange (FX) market witnessed increased demand during Thursday’s trading session, driven by risk-off sentiment among Foreign Portfolio...

Dangote Predicts Naira Will Hit ₦1,000 to $1 This Year, Backs FG’s Policies

Economy Staff Editor -
The Chairman of the Dangote Group, Aliko Dangote, has predicted that the naira will strengthen to ₦1,000 to $1...

Nigeria’s Inflation Rate Drops to 15.10%

Economy Staff Editor -
Nigeria’s headline inflation eased slightly to 15.10 per cent in January 2026, down from 15.15 per cent in December...

Türkiye, Nigeria Unite Against Terrorism, Target $5bn Trade Volume

Economy Staff Editor -
President of the Republic of Türkiye, Recep Tayyip Erdogan, on Tuesday in Ankara reaffirmed his country’s commitment to working...

Naira hits record ₦1,401.22/$ since EFEMS

Economy Staff Editor -
The naira on Tuesday strengthened to a record high of ₦1,401.22 per dollar at the official foreign exchange (FX)...

Nigeria Raises ₦1.54 Trillion in Oversubscribed January Bond Sale

Economy Staff Editor -
The Debt Management Office (DMO) kicked off its 2026 domestic borrowing on a strong note, raising ₦1.54 trillion at...
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Alleged $6bn Mambilla Project Fraud: Witness Clarifies Certification of FEC Meeting Extracts

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The Fifth Prosecution Witness (PW5) in the trial of...

Alleged ₦2bn Nigeria Air Fraud: How Sirika Allegedly Used Ethiopian Airlines as Fake Nigeria Air – Witness

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The 12th Prosecution Witness (PW12), Christopher Odofin, in the...

EFCC Arraigns Three Over Alleged ₦10bn Fidelity Bank Fraud in Lagos

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The Economic and Financial Crimes Commission (EFCC) has arraigned...

EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud

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The Lagos Zonal Directorate 1 of the Economic and...

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