Nigeria’s debt service burden is projected to consume 71.7% of Federal Government revenue by 2030, exceeding the Debt Management Office’s recommended threshold of 50%...

Business

Naira Slips to N1,350.45/$ at NFEM as November Losses Continue

Ken Ibenne - November 6, 20260

The naira continued to weaken against the US dollar, closing at N1,350.45 on the Nigerian Foreign Exchange Market (NFEM) on November 5. According to data...

Economy

Ribadu Meets Saudi Arabia’s Vice Foreign Minister to Strengthen Bilateral Ties

Muwaffaq Yahaya Adadu - November 9, 20260

The National Security Adviser (NSA), Mallam Nuhu Ribadu, has met with Saudi Arabia’s Vice Minister of Foreign Affairs, Waleed Elkhereiji, in Riyadh to review...

Economy

CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers, ₦10bn for Naira Tokens

Esther Okpe - November 6, 20260

The Central Bank of Nigeria (CBN) has introduced new capital requirements of ₦15 billion for dollar-denominated stablecoin issuers and ₦10 billion for naira-denominated token...

Business

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CBN Sets ₦15bn Capital Requirement for Dollar Stablecoin Issuers, ₦10bn for Naira Tokens

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