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Economy & Finance

FEC Meeting

Tinubu Presides Over FEC Meeting as 2025 Budget Proposal Gains Approval

President Bola Ahmed Tinubu presides over FEC meeting as the federal government approves the 2025 ...
  • 16 December 2024
  • Economy & Finance
Nigeria pays ₦85 billion ECOWAS debt and community levy for the first time in 19 years, boosting regional cooperation and financial stability.

Nigeria Settles ₦85 Billion ECOWAS Debt, Strengthening Regional Ties

Nigeria pays ₦85 billion ECOWAS debt and community levy for the first time in 19 ...
  • 16 December 2024
  • Economy & Finance
New Naira

CBN Fines Banks ₦150m Over New Naira Notes Illicit Trading

CBN fines banks ₦150m for collusion with hawkers in trading new naira notes, addressing artificial ...
  • 14 December 2024
  • Business
Naira Notes

CBN Confirms Old and Redesigned Naira Notes Remain Valid

CBN confirms old and redesigned ₦1000, ₦500, and ₦200 notes remain valid indefinitely. Both versions ...
  • 14 December 2024
  • Business
funds

Nigeria Removed from IATA List of Countries Blocking Airline Funds

Nigeria exits IATA's list of countries blocking airline funds, signaling improved conditions for international airlines ...
  • 10 December 2024
  • Business
Nigerian lithium

South Africa Targets Nigerian Lithium and Strengthens Ties with Nigeria

South Africa eyes Nigerian lithium for its electric vehicle revolution, while the two nations strengthen ...
  • 5 December 2024
  • Africa
National Pension Commission

PenCom Lifts Suspension on PFAs’ Investment in Commercial Papers

PenCom lifts the six-year suspension on PFAs’ investment in commercial papers, boosting market liquidity and ...
  • 4 December 2024
  • Business
Budget Deficit

Nigeria Raises $2.2 Billion via Eurobond to Address Budget Deficit

Nigeria raises $2.2 billion via Eurobond issuance to fund the 2024 budget deficit, attracting $9 ...
  • 3 December 2024
  • Business

President Tinubu Seeks South Africa’s Support for G20 and BRICS Membership

President Tinubu seeks South Africa’s support for Nigeria’s G20 and BRICS membership, emphasizing economic cooperation ...
  • 3 December 2024
  • Africa
tax reform

Tinubu’s Tax Reform Bills Spark Debate in Senate and Among Stakeholders

Nigerian Senate debates Tinubu’s tax reform bills amid public concerns and stakeholder engagement, aiming to ...
  • 3 December 2024
  • Business
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Latest News

Gilbert Arenas Faces Charges for Illegal Poker Games

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Morocco’s King Honors New Military Officers in 2025 C...

King-Mohammed-VI-FAR
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Today in History

August 1st is the day in 1968 that the coronation is held of Hassanal Bolkiah, the 29th Sultan of Brunei.

Exchange Rate Per Dollar

AM Armenian Dram383.8342
GH Ghana Cedi10.4974
GM Gambian Dalasi72.5
GN Guinea Franc8,673.35
NG Nigerian Naira₦1,531.32
CF CFA Franc BEAC575.0435
01 Aug · CurrencyRate · USD
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Check: 01 Aug 2025 09:05 UTC
Latest change: 01 Aug 2025 09:00 UTC
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