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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...

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 ...
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 ...
minimum wage

Minimum Wage Debate in Ebonyi Sparks Tension Between Governor and NLC

Ebonyi Governor Nwifuru’s threat to sack striking workers over the minimum wage sparks backlash from ...

Latest News

Today in History

January 18th is the day in 1993 that Martin Luther King, Jr. Day is officially observed for the first time in all 50 states.

Exchange Rate Per Dollar

AM Armenian Dram401.0794
GH Ghana Cedi14.9046
GM Gambian Dalasi71
GN Guinea Franc8,650
NG Nigerian Naira₦1,558.67
CF CFA Franc BEAC636.6969
18 Jan · CurrencyRate · USD
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