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August 30, 2026 - 11:12 PM

Finance

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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...

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...

Naira Trades at N1,838 to Pound as Investors Await US Inflation Data

The Naira opened at about N1,838 to the British pound on Wednesday, with currency traders closely watching developments in global markets ahead of fresh...

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...

Tax Crimes, Fraud Account For 51% Of Nigeria’s Financial Crime Reports

Tax offenses and fraud emerged as the biggest financial crime concerns in Nigeria in 2025, accounting for 51% of intelligence reports shared with law...

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