20 h. ago Akwa Ibom Community Calls Attention To Abandoned Drainage Project

Distraught residents of Oku Abak and other adjoining communities in Abak local government area of Akwa Ibom State have raised the alarm over the entire swath of the area caving in with attendant loss of lives, houses and other social amenities, if urgent intervention measures were not taken to fixed the multi-million naira drainage project […]

Politics

22 h. ago Rewane Pegs Naira’s True Value At N1,257/$, Says Currency Undervalued By 11%

Renowned economist and managing director of Financial Derivatives Company (FDC), Mr Bismarck Rewane, has estimated the fair value of the naira at about N1,257 to the US dollar. Rewane posits that the local currency is undervalued by approximately 11 per cent when assessed using the purchasing power parity (PPP) model. Rewane made the submission during […]

Politics

29 h. ago Economy: Nigeria On Right Track Even If People Don’t Feel It Yet — Dogara

Since assuming office in May 2023, President Bola Tinubu has introduced sweeping economic reforms, including the removal of fuel subsidies, floating of the Naira, and tax changes, triggering a sharp rise in the cost of living. The post Economy: Nigeria On Right Track Even If People Don’t Feel It Yet — Dogara appeared first on Channels Television.

Politics

3 d. ago Full Year 2025 Unaudited Financial Report: Unilever Nigeria delivers 44% Revenue Growth, Doubles Profit After Tax to N31 Billion

Unilever Nigeria Plc released its interim unaudited financial results for the year ended 31st December, 2025, reporting a turnover of read more Full Year 2025 Unaudited Financial Report: Unilever Nigeria delivers 44% Revenue Growth, Doubles Profit After Tax to N31 Billion

Economics

3 d. ago Naira FX turnover skyrockets 262% in one year under CBN’s EFEMS

Total foreign exchange (FX) market turnover in Nigeria surged to $52.47 billion in the first half of 2025, representing an read more Naira FX turnover skyrockets 262% in one year under CBN’s EFEMS

Politics

4 d. ago Kwara Court Jails BDC Operator For Rejecting Naira Transaction

In its renewed fight against dollarisation of the economy, the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of a 46-year-old Bureau De Change (BDC) operator, Muhammed Inuwa, for refusing to accept the Naira as legal tender and for operating without a valid licence. Inuwa was convicted and […]

Events

6 d. ago PariPesa Players Win 900 Million Naira With Just 3 Accumulator Bets of 10+ odds

Read how PariPesa players in Nigeria won over 900 million Naira with accumulator bets during the holidays. Discover the details of these big wins! Read More: https://punchng.com/paripesa-players-win-900-million-naira-with-just-3-accumulator-bets-of-10-odds/

Politics

7 d. ago Nigerian firms turn from survival to growth as naira shock eases

Nigeria’s companies are emerging from a bruising period defined by currency shocks, soaring input costs,  and shrinking consumer purchasing power read more Nigerian firms turn from survival to growth as naira shock eases

Events

8 d. ago From Sokoto forests to Capitol Hill: How Nigeria’s insecurity is being fought in Washington

From allegations of Christian genocide to airstrikes and a billion-naira lobby For decades, Nigeria’s insecurity has been framed as a read more From Sokoto forests to Capitol Hill: How Nigeria’s insecurity is being fought in Washington

Politics

9 d. ago CAN Honours Legacy Of Heroic Plateau Imam Who Saved 262 Christians

The Christian Association of Nigeria (CAN) has paid tribute to the late Imam Abubakar Abdullahi, whose heroic actions during a 2018 massacre saved the lives of 262 Christians in Plateau State, cementing his legacy as a national symbol of interfaith courage and unity. The CAN President, Archbishop Daniel Okoh, in a statement on Saturday, recalled […]

Politics

9 d. ago Naira ends week at N1,417.95/$ as external reserves maintain rally

The naira ended the week on a strong note, closing at N1,417.95 per dollar in the official foreign exchange (FX) read more Naira ends week at N1,417.95/$ as external reserves maintain rally

Politics

1 week ago Garlands As ‘Behind The Scene’ Movie Grosses N2bn In Cinemas

Just when we were thrilled about the movie ‘Behind The Scenes’ grossed  N1 billion late December within 19 days of its release, this feat has galloped to N2,103,039,706bn (two billion Naira) and has the record of highest grossing of all time for Nollywood title of all time in the UK, Ireland. The movie by the […]

Politics

1 week ago Naira stability, food supply to drive down inflation — Expert

An expert forecasts Nigeria’s inflation rate could fall to 13% by 2026, driven by Naira stability and a significant boost in domestic food production. Read More: https://punchng.com/naira-stability-food-supply-to-drive-down-inflation-expert/

Politics

1 week ago Dangote Seeks More Crude Supply From NNPCL, Vows Stable Petrol Supply, Pricing

…says 1.4mbpd expansion plan feasible in 3 years Dangote Refinery has commenced discussion with the Nigerian National Petroleum Company (NNPCL) with a view to receiving  more crude supply under the naira-crude arrangement. The newly appointed managing director and chief executive Officer (MD/CEO) of the refinery, David Bird, told the media on Wednesday that effort was […]

Politics

1 week ago Explainer: Here are ways naira could gain or lose value in 2026

There is a growing expectation that the naira could sustain relative stability in 2026, supported by improved liquidity, transparency and read more Explainer: Here are ways naira could gain or lose value in 2026

Politics

2 w. ago Naira seen sustaining stability after posting first gain in 13 years

The Nigerian naira is expected to maintain its rare stability this year after recording its best outing in more than read more Naira seen sustaining stability after posting first gain in 13 years

Politics

2 w. ago Court Orders Interim Forfeiture Of 57 Properties Worth ₦213.2bn Linked To Malami

The multi-billion naira landed properties, which are suspected to be proceeds of unlawful activities are located in Abuja, Kebbi, Kano, and Kaduna states. The post Court Orders Interim Forfeiture Of 57 Properties Worth ₦213.2bn Linked To Malami appeared first on Channels Television.

Politics

2 w. ago Naira hits record high of N1,418.26 since EFEMS as reserves maintain steady growth

The naira on Wednesday climbed to a record high of N1,418.26 against the dollar in the official foreign exchange (FX) read more Naira hits record high of N1,418.26 since EFEMS as reserves maintain steady growth

Politics

2 w. ago Nigeria’s money supply hits historic high of N122.9trn despite CBN’s policy tightening

Nigeria’s broad money supply has climbed to an all-time high of N122.9 trillion, underscoring the resilience of liquidity growth in read more Nigeria’s money supply hits historic high of N122.9trn despite CBN’s policy tightening

Events

2 w. ago 2026: Businesses Optimistic on Naira Appreciation, Improved Economy — Central Bank Survey

Nigerian businesses have expressed optimism of a better economy in 2016, boosted by expectations of naira appreciation, stronger business activity, improved operating conditions and continued expansion plans. According to the Central Bank of Nigeria’s December 2025 Business Expectations Survey (BES) report, corporate leaders across the Industry, Agriculture and Services sectors said they expect the naira […]

Politics