Nigeria's ₦70,000 minimum wage struggles against rising costs, revealing stark gaps in purchasing power compared to developed economies and workers' daily struggles.
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Naira strengthens to N1,315 as dollar falls to N1,302 at official FX market
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Nigeria’s external reserves hit $54bn, Highest in 18 years, as naira strengthens to N1,315 per dollar
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Drivers beware: Lagos begins enforcement of 2026 parking permits, warns defaulters of heavy fines
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Naira gains ground again as dollar falls to ₦1,329, reserves hit $53.8bn
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Full List of Nigerian states with highest IGR in 2026, South East state ranks 3rd
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CBN unveils banks that have met recapitalisation requirement 4 weeks to deadline
20 of Nigeria's 33 banks have met new capital requirements, raising N4.05 trillion ahead of the March 31 deadline, signalling strong domestic participation.
26.5%: CBN delivers new interest rate cuts amid cooling inflation
The Central Bank of Nigeria has cut its benchmark interest rate to 26.5%, signalling cautious easing as inflation eases to 15.10%, offering relief for businesses.
FG launches $50m impact innovation Fund to support Nigerian startups
The federal government has formally launched a $50 million Impact Innovation Fund aimed at supporting Nigerian startups addressing key social challenges.
N10 million up for grabs as PIND Agricultural Service Performance grant applications open
Private agricultural service providers in the Niger Delta can access ₦3 million to ₦10 million under the SPPG grant, promoting climate-smart practices.
Naira hits three-year high as dollar hoarders sell off, Nigeria’s reserves climb to $48.5bn
The naira's rise prompts companies to rethink dollar stockpiling as reforms boost its value, narrowing market gaps and reshaping Nigeria’s financial landscape.
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List of 10 banks with highest capital importation in 2025
Nigeria’s total capital importation in 2025 reached $16.78 billion across three quarters, led by portfolio inflows, UK-US investors, and top banks.
Will Nigeria scrap the naira for Eco currency in 2027? Facts emerge
A viral video claims Nigeria will replace the naira with the Eco currency in 2027, causing panic. Officials confirm Eco's development, but no abolition of the naira.
Dollar hoarders count losses as naira strengthens, external reserves climb to $48.5bn
Nigeria's naira strengthens across FX markets, forcing dollar hoarders to sell at a loss as external reserves rise to $48.5 billion, boosting market confidence.
Abuja Investments Company repositions under Wike, drives global investor push with major summits
Abuja Investments Company Limited, under Nyesom Wike, transforms into an active investment steward, enhancing partnerships and driving sustainable growth in Abuja.
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