SERAP Sues Governors Over ₦14trn Subsidy Funds
SERAP drags Nigeria's 36 governors and FCT Minister Wike to court, demanding transparency on ₦14 trillion fuel subsidy savings. Will justice prevail?
Category : Search result: foreign exchange savings
FMDQ Market Activity Slows, Turnover Drops 24%
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
Lady Saves ₦1k Daily for Rent, Now Doubles to ₦2k
A Nigerian lady's disciplined saving method of ₦1,000 daily to pay her ₦350k rent goes viral. With rent now ₦600k, she plans to double her daily savings. See her inspiring story and netizens' reactions.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Naira Strengthens, Black Market Dollar at ₦1,478
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
Chinese Community Hosts 2,000 Nigerian Children for Christmas
The Chinese Consulate in Lagos celebrated Christmas with 2,000 children from low-income families, awarding scholarships and showcasing cultural performances. See how this tradition strengthens Nigeria-China ties.
Lady Reaches PiggyVest Payday After Saving for Rent All Year
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.
Naira Falls, FX Reserves See First Decline in Over 2 Months
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Tinubu's Reforms Geared Towards Economic Revival – Lawmaker
Lawmaker Gboyega Isiaka defends Tinubu's tough economic policies, stating they are yielding results and will lead to stability and prosperity for Nigeria. Read more.
Investors gain N1.7tr in NGX Santa-Claus rally
The Nigerian stock market's Santa-Claus rally intensified last week, adding N1.7 trillion to investor wealth. Market capitalisation hit N96.94 trillion as pre-Christmas buying boosted key sectors. Read the full analysis.
FG Targets N2b Savings as MDAs Go Paperless
The Federal Government projects over N2 billion savings in 2026 through digital workflows. MDAs face a paperless deadline, cutting stationery costs and boosting transparency. Read more.
Lady Saves N50k Daily on Piggyvest, Shows Interest
A Nigerian woman's story of saving N50,000 daily on Piggyvest and the interest she earned has sparked massive reactions online. Discover her strategy and the public's response.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Lady saves money in 9 piggy boxes for 2025
A Nigerian woman's impressive savings discipline went viral after she displayed cash saved in nine piggy boxes from January to December 2025. See the amazing results!
Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Lady displays huge cash saved in box, gives advice
A Nigerian lady's TikTok video showcasing a large sum of money she saved in a container has gone viral, inspiring netizens with her financial discipline. See her story and reactions.
N577bn Pension Disbursement Brings Relief to 1.05M Retirees
Nigeria's PenCom has disbursed N577.26 billion to over 1.05 million Retirement Savings Accounts, clearing major pension arrears. Read how this impacts retirees and the pension system.
AFRIMA, UK Partner to Boost African Music Exchange
Ahead of the 9th All Africa Music Awards in Lagos, AFRIMA and the British High Commission sign a Cultural Cooperation Agreement to strengthen creative ties and open global doors for African music.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN Revokes Aso Savings, Union Homes Licences
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
Page 1 of 4