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Naira Holds Firm Against Dollar Across Market on Nov 24

Naira Holds Firm Against Dollar Across Market on Nov 24 The naira retained its strength against the U.S. dollar on Monday, November 24, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic...

Defection: Is Nigeria Sliding into Chinese Democracy? By Yushau A. Shuaib  

Defection: Is Nigeria Sliding into Chinese Democracy? By Yushau A. Shuaib Before U.S. President Donald Trump’s threat to invade Nigeria over alleged Christian genocide, the nation was already gripped by defection fever. The mass abduction of students by terrorists—eerily reminiscent of...

Kano Gov Presents ₦1.37tn 2026 Budget, Targets Legacy Projects, Others

Kano Gov Presents ₦1.37tn 2026 Budget, Targets Legacy Projects, Others Kano State Governor, Abba Yusuf, has presented the 2026 Appropriation Bill totalling N1,368,127,929,271 to the Kano State House of Assembly, reaffirming his administration’s commitment to completing legacy projects and deepening...

FG Projects N1.49tn Annual Revenue from Electricity Export

FG Projects N1.49tn Annual Revenue from Electricity Export The Federal Government is projecting nearly $1bn (about N1.49tn) in annual revenue from electricity exports to 15 West African Countries under the Economic Community of West African States sub-region from June 2026. The...

FAAC Shares N2.09tn October Revenue to States, LGs

FAAC Shares N2.09tn October Revenue to States, LGs The Federal Government, states, and local governments shared a total of N2.094tn as October 2025 revenue, slightly lower than the N2.103tn distributed for September. The latest figure shows a marginal shortfall of N9bn,...

FG Launches Pilot Testing for National Single Window System

FG Launches Pilot Testing for National Single Window System The Federal Government has commenced the National Single Window User Acceptance Testing with the first cohort of participating stakeholders, marking a major step toward ensuring the unified, technology-driven trade ecosystem becomes...
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