Naira depreciated to N1,353 per dollar as foreign exchange demand rises; Nigeria's reserves dip to $49.83bn amid soaring global oil prices and Middle East tensions.
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Access, UBA, Zenith, other banks raise interest rates on savings accounts
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CBN releases new BVN rules for Access, UBA, Zenith, others, sets commencement date
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Sallah Shock: Food Prices Soar in Nigeria during Eid al-Fitr as families cut back on celebrations
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Housing Crisis: Where Lagos 9-5 workers are relocating to escape high rent
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CBN releases new exchange rate for Access, UBA, Zenith, others as naira rises
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Experts explain why naira will trade at N1,400, N1,500 in 2026 as Nigeria’s reserves rise
Nigeria's naira is set to stabilise at N1,400-N1,500 per dollar by 2026, driven by oil reforms, domestic investment, and improved fiscal discipline.
CBN releases new exchange rate as naira recovers amid dollar scarcity
The naira appreciated against the dollar to N1,419.35, supported by strong dollar supply and rising external reserves amid global forex market tensions.
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CBN recapitalisation: 7 Nigerian banks face licence downgrades as deadline nears
Nigeria's banks face a recapitalisation deadline by March 31, 2026, prompting strategic shifts as lenders aim for long-term stability and financial resilience.
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No new VAT on transfers, NRS says as Nigerians fear higher bank costs
Nigerians express panic over new VAT claims on bank transfers, but NRS clarifies that existing VAT applies only to service fees, not customer funds.
30 days or pay: New tax law puts Nigerians on the clock as government tightens revenue net
Nigeria's NTAA 2025 mandates a strict 30-day deadline for tax assessment objections, shifting compliance burdens onto individuals and impacting freelancers.
Lagos govt announces traffic plan ahead of Lekki-Epe road repair
The Lagos State Government has said that the rehabilitation of a 20km section of Lekki-Epe road will begin on Sunday, January 25, lasting for about 64 days.
IMF forecasts Nigeria's economy to grow faster in 2026, sends strong warning to govt
The IMF has projected that Nigeria’s economy will expand by 4.4% in 2026, citing gradual improvements in macroeconomic conditions, despite inflationary pressures.
3MTT: FG invites youths to learn digital skills, registration deadline nears
FG invites Nigerian youths to register for the 3MTT NextGen Fellowship before January 31 to gain digital skills, mentorship, and real-world tech experience.
FG clarifies ownership of Nigeria’s first gold refinery in Lagos
Federal Government clarifies Lagos gold refinery ownership, dismissing NEF claims as misleading and emphasising commitment to private investment.
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