…not because of politics, but because public office is a public trust. Every naira appropriated belongs to the Nigerian people, and every public institution must be accountable to them," the statement added. The group stressed that Nigerians deserved a full explanation of the controversy without delay

…accountability by dragging the name of the Chief of Staff into his multi-billion-naira fraudulent enterprise. He said investigators from the Department of State Services, the Police and the Economic and Financial Crimes Commission had been tasked with unraveling the full extent of the collaboration that allowed Adeniyi…

…reported that the early morning inferno destroyed many shops and goods worth millions of naira, especially at herbal section at the market. ‎ An eyewitness, simply identified herself as Serifat, told our correspondent that, "The blaze caused extensive damage, leaving many traders counting their losses. We have not know…

…when he sold his friend's child for about N1,300,000 (one million three hundred thousand naira). He, however, blamed his involvement in the crime on unemployment. The suspect, a former driver, has been arrested by operatives of the Violent Crime Response Unit (VCRU) of the Anambra State Police Command after an intellig…

…in the 2026 Appropriation Act with a budgetary allocation running into billions of naira, and that fresh reports indicating the Office of the Head of the Civil Service had allegedly approved the recruitment of over 300 personnel into the agency had changed the nature of the scandal. "Nigeria deserves the truth. Quietly…

…the returnees, who spoke to Vanguard, recounted losing businesses worth millions of Naira and battling the stigma of being labelled criminals. Speaking to Vanguard, Babatunde Oladeji said: "I lived in South Africa for two decades. Every foreign national experiences xenophobia. If it is not traumatising, it leaves you w…

…reported that the early morning inferno destroyed many shops and goods worth millions of naira, especially at herbal section at the market. ‎ An eyewitness, simply identified herself as Serifat, told our correspondent that, "The blaze caused extensive damage, leaving many traders counting their losses. We have not know…

The Nigerian naira traded with relative stability against the United States dollar on Thursday, July 2, 2026, across the official Nigerian Foreign Exchange Market (NFEM) and the parallel market, as the gap between both segments remained narrow. According to live foreign exchange data, the official NFEM exchange rate st…

…Corps, NYSC discharge certificate during his ministerial screening in 2023. 5. The Naira on Wednesday appreciated to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM. 6. The Federal Government'…

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,385 per dollar in the parallel market from N1,390 per dollar on Tuesday. Similarly, the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM . Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate…

…fact that would aid the dispensation of justice. The grounds of the application, seen by Nairametrics, state that the applicant is challenging, among other things, the public notice issued by the EFCC for the public auction and sale of properties and/or personal effects affecting the applicant's proprietary rights. The…

…carousel reflects the bank’s positioning for a fight that’s only getting more intense. Naira Life 2026 is here! The theme for this year’s Naira Life Conference by Zikoko is “All About Wealth.”Join 2,000+ in Lagos on August 22 for a day of practical money conversations and workshops designed to move you from simply earn…

…"We should also understand that while Dangote Refinery now purchases local crude in naira, the valuation of that crude remains pegged to the global dollar market, meaning that the depreciation of the naira continues to inflate baseline production costs. "However, the decline in international crude oil prices indicates…

…const totalRevenueDisplay = document.getElementById('tcTotalRevenue'); function formatNaira(num) { if (num >= 1000000000) { return '₦' + (num / 1000000000).toFixed(2) + 'B'; } else if (num >= 1000000) { return '₦' + (num / 1000000).toFixed(2) + 'M'; } else { return '₦' + num.toLocaleString(); } } function updateCalcula…

…with the provisions of the Investments and Securities Act 2025. What you should know Nairametrics earlier reported that the Dangote Petroleum Refinery was valued at $39.1 billion as it seeks to raise fresh capital from investors through a private placement. According to an Information Memorandum seen by Nairametrics, t…

Dollar to Naira Exchange Rate Today, June 18, 2026: Nigerian Naira appreciates after four days of decline The Naira appreciated against the dollar at the official foreign exchange market on Monday to begin the week on a good note. The Central Bank of Nigeria’s data showed that the Naira strengthened on Monday to N1,369…

…the government's borrowing cost compared with the previous month. What you should know Nairametrics observed that total market subscriptions jumped from N516.17 billion in May to N1.413 trillion in June, representing a month-on-month increase of N897.32 billion or 173.8%. Likewise, total allotments rose from N614.51 bi…

The Senate is expected to give accelerated consideration to the proposed State Police Bill on Tuesday as lawmakers convene an

…of trust when you dishonestly misappropriated the sum of Five Hundred and Ten Million Naira (N510,000,000)," part of the charge read. The former bank chairman pleaded not guilty to all the charges when they were read before the court. Ayeni was initially arraigned by the EFCC on May 4, 2026, on a 17-count charge before…

…to recent reports circulating in the public space alleging that the sum of Four Billion Naira (?4,000,000,000) was spent on rail construction projects in Maiduguri Metropolitan Council (MMC) and Jere Local Government Area without any evidence of execution on the ground. “The Government considers it necessary to clarify…

…Abakaliki-Afikpo Expressway, submerging farmlands and destroying crops worth millions of naira. A cross-section of affected farmers told the News Agency of Nigeria (NAN) in Abakiliki on Sunday that the flood washed away yams, cassava, maize, rice, melons and other crops in their farmlands. Mr Cletus Idam said the disas…

…strong winds blew off roofs of several shops and damaged property worth millions of naira. Shop owners also recorded significant losses as the storm destroyed commercial buildings and damaged goods. A trader along Afikpo Road, Mr. Jude Orji, said several shops were affected, with roofs blown off and traders forced to q…

Nigeria’s foreign exchange reforms have restored the effectiveness of monetary policy after years of distortions under a multiple exchange rate

…they move it to a bank they trust," he said. He also revealed that foreign currency-to-naira conversions appear to be rising, citing feedback from a Tier-1 bank that reportedly processes about $200 million worth of conversions weekly. According to him, the trend suggests increasing confidence in naira-denominated asset…

…to take advantage of preferential trade arrangements. What you should know Nairametrics earlier reported that Nigeria's merchandise trade surplus surged to N7.55 trillion in the first quarter of 2026, representing a 340.88% increase from N1.71 trillion recorded in the preceding quarter. Total merchandise trade stood at…