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August 30, 2026 - 6:21 PM

Finance

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Nigeria’s Foreign Reserves Hit $53 Billion, Highest in 17 Years

Nigeria’s foreign exchange reserves have climbed above $53 billion for the first time in more than 17 years, strengthening the country’s external financial position. Data...

Economists Back FG’s $1bn Social Protection Programme

Economists have welcomed the Federal Government’s launch of a $1 billion social protection program, saying it could ease economic hardship, reduce poverty and help...

Nigeria’s Pension Growth Faces Major Funding Gap as 200,505 Accounts Sit Empty

Nigeria’s growing pension industry is facing a major participation challenge, with more than 200,000 Personal Pension Plan accounts yet to receive any contributions. Figures from...

IMF Urges Central Banks to Avoid Rigid Interest Rate Promises

The International Monetary Fund has warned central banks against locking themselves into fixed interest rate paths, saying monetary policy must remain flexible as economic...

Kano Raises Minimum Pension from N5,000 to N20,000 — NUP

The Kano State Government has increased the minimum pension for retirees in the state from N5,000 to N20,000, the Nigerian Union of Pensioners (NUP)...

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