Fuel subsidy return could push Naira to ₦4,000/$ — Oyedele
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has warned that a return to petrol subsidy could trigger capital flight, weaken investor confidence and push the naira to between ₦3,000 and ₦4,000 to the dollar. Oyedele gave the warning on Monday during a press briefing at the International Monetary Fund and World […]
Dollar to Naira exchange rate today, August 10, 2026
The naira opened the new week relatively steady against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel market, with traders monitoring liquidity conditions and Central Bank interventions.
Nigeria’s economy recovering after painful reforms —NRS
The Nigeria Revenue Service, NRS, has said the Nigerian economy is showing strong signs of recovery and accelerated growth following a series of “painful” reforms implemented by President Bola Tinubu.
Only 6 banks pay N1.27trn dividends despite huge profits
Only six of Nigeria’s biggest listed banks rewarded shareholders with a combined N1.27 trillion dividend for the 2025 financial year, while five other profitable lenders were barred from making payouts after failing to meet the Central Bank of Nigeria’s prudential requirements.
NCS uncovers 399 rifles in Tin Can port shipment
Adeniyi said the additional rifle parts recovered include 89 frames, 16 heat shields, 10 trigger pins, three pistons, 25 locking lugs and 80 charging handles.
Lagos-Calabar Highway: We stand with Tinubu, but don’t bypass Ondo coast — Afenifere
By Dayo Johnson, Akure AKURE — The Secretary-General of Afenifere, the apex Yoruba socio-political organisation, Chief Sola Ebiseni, has expressed support for President Bola Tinubu’s Lagos-Calabar Coastal Highway project, but urged the Federal Government to ensure that the road does not bypass the coastline of Ondo State. Ebiseni described the unscheduled visit of the Minister […]
