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Dollar to Naira exchange rate today, May 25, 2026

The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market.

SEDC unveils South East venture capital programme, 50 startups reach grand finale

By Gift ChapiOdekina, Abuja The South East Development Commission has commenced the grand finale of the inaugural South East Venture Capital Program (SEVCP) in Enugu, marking the beginning of a broader strategy aimed at improving access to growth capital for businesses across the South East region. The event features 50 finalist ventures selected from over […]

Cardoso recommits to orthodox monetary policy, transparency

By Emma Ujah The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has reaffirmed the apex bank’s commitment to orthodox monetary policy, transparency and evidence-based decision-making, warning against renewed calls for interventionist programmes. Speaking at the opening of the Monetary Policy Committee workshop in Abuja, Mr Cardoso said: “The ongoing reforms are critical to restoring […]

Importers pay N100,000 daily demurrage over NSW delays — Customs agents

…We didn’t promise one-day approval — NSW By Efe Onodjae Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window (NSW) platform for prolonged cargo clearance processes. The National President of the National Council of Managing Directors of Licensed Customs Agents, NCMDLCA, Lucky Amiwero, […]

NANS Southwest lauds emergence of Akinteye, John as national officers

By Adesina Wahab The leadership of the National Association of Nigerian Students (NANS), Southwest Zone-D, has expressed joy at the emergence of two student leaders from the zone as national officers at the recent national convention of the association in Abuja. The event held at the weekend. The two new national officers from the zone […]

No insurance cover for airports, exposes FG to losses, compensation claims

•Provision for insurance removed in new NCAA regulation —  Experts By Rosemary Iwunze Indications have emerged that the Federal Government may shoulder the full financial burden arising from the recent fire incident at the international terminal of the Murtala Muhammed International Airport, following the apparent absence of insurance cover for Nigerian airports. The airport is managed by […]

Experts give recipe on how universities can boost revenue

.Say reliance on subvention outdated. By Adesina Wahab The era of universities solely depending on their promoters for periodic subvention is over, as they now have to think of ways of getting revenue from other sources to be able to stay afloat. That was the submission of experts at a two-day Commonwealth Institute Universities Leaders […]

Stock market slides as profit-taking hits blue chip companies 

By Peter Egwuatu  After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock market. Analysts noted that the profit-taking was mostly in major blue chip and mid-cap companies that had paid dividends to their shareholders. A review of activity on the Nigeria […]

Northern lessons from the fall of Nuhu Ribadu (II)

By Suleiman A. Suleiman In the first instalment of this series last week, I made three points. First, I argued, against the grain, that President Bola Ahmed Tinubu’s recent creation of a parallel Special Adviser on “Homeland Security” is not an administrative or operational adjustment. It is, I said, a purely political move that signals […]

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