…it would have become significantly more expensive following the depreciation of the naira. “If you borrow in foreign currency and the exchange rate later doubles, the actual cost of that loan also increases significantly. That was why we decided to pull out,” he explained. Soludo, however, said the situation had change…

…billions spent, over 6,500 PHCs still non-functional FILE: Doctors Despite billions of naira invested over the years by the Federal and state governments to improve Nigeria’s primary healthcare system, no fewer than 6,516 Primary Healthcare Centres nationwide remain non-functional, limiting access to essential healthca…

…it said. According to the circular, “The approved allowance is Fifty Thousand Naira (N50,000.00) per annum per beneficiary, and it takes effect from 1st June, 2026.” The beneficiaries include pharmacists, medical laboratory scientists, medical social workers, optometrists, physiotherapists, dental therapists, radiograp…

…Iwaa, Obajana and Apata. He added that the company also commissioned a multi-million-naira hospital in Obajana, complementing earlier hospital projects in Iwaa and Oyo communities. Adeyemi said the company had, over the years, invested billions of naira in social programmes for host communities, including empowerment i…

…and his wife, Ifeoma Okoye, had diverted millions of dollars and hundreds of millions of naira in P-Square royalties into a secret company, Northside Music Ltd. Unlike Northside Entertainment—the joint entity agreed upon by the brothers—Northside Music was registered solely under Jude and Ifeoma, with its address liste…

…from about $253bn after the exchange rate adjustment to approximately $377bn, while the naira GDP increased from about ₦314tn in 2024 to around ₦530tn. Defending the administration’s borrowing, the presidential aide stated that Nigeria’s debt profile remained sustainable. “Nigeria’s debt-to-GDP ratio remains relati…

…were seen sorting and counting bundles of cash presented to the couple, including both naira and foreign currencies. Amused by the large number of gifts, Peller jokingly captioned, “Better go and marry,” as they counting continued. The clip has since gone viral, with many social media users reacting to the volume of ca…

Nigeria's naira recorded a modest gain but missed Forbes' list of Africa's strongest currenciesKenya's shilling and Zambia's kwacha show resilience amid global economic uncertaintyCurrency stability attracts foreign investment and helps control inflation for consumersPAY ATTENTION: Mark Legit.ng as a preferred source,…

…making borrowing too expensive for manufacturers.Atiku said food prices, unemployment, naira depreciation, and business closures represented the true economic scorecard of the administration, adding that no official presentation could change the daily reality facing Nigerians."Governments are judged not by PowerPoint p…

…the association said lacked sufficient public explanation.AEPDC Questions Trillion-Naira Security ClaimsWhile acknowledging that protecting oil and gas infrastructure is critical to the economy, the group said no corporate body should expect Nigerians to accept expenditures in the trillions without detailed disclosure.…

…future for one afternoon of inducement. “A bag of rice will disappear. A few thousand naira will be spent. A campaign T-shirt will eventually fade. But the consequences of electing incompetent leadership will remain with you long after the campaign has ended,” he stressed. Earlier, the convener of the RiseUpNaija Movem…

…BudgIT cautioned that percentage increases should be viewed alongside actual naira values. Taraba, for instance, started January with a healthy diet cost of just N769 per person per day—the lowest starting point among the states—making its percentage increase appear particularly large.Yobe and Oyo also experienced majo…

…meals for staff on critical assignments and funding medical treatments worth millions of naira. Retiring workers, he added, received severance packages ranging from ?3 million to N10 million. “We believe that motivated workers are essential to building an efficient institution,” he stated. The outgoing Registrar also d…

The naira recorded its fifth consecutive day of depreciation at the official foreign exchange market, ending the week on a negative note. Data from the Central Bank of Nigeria showed that the naira weakened to N1,368.22 per dollar on Friday, down from N1,366.73 on Thursday. This means that, on a day-to-day basis, the n…

…of high-voltage electricity and internet communication cables worth millions of naira by a few unscrupulous individuals for personal gain has directly contributed to road traffic accidents, injuries to pedestrians, increased incidents of street crime in areas plunged into darkness and the disruption of electricity supp…

…young forex traders, but he is not the country's richest. Habby made his first million Naira at the age of 18 and made his first trade in 2016. As a skilful and leading trader, details about his net worth, career, and personal life continue to interest many people.

…earnings to a more stable foreign exchange environment. According to the company, the naira strengthened and remained relatively stable during the first half of the year, closing at about ₦1,380/$ compared with ₦1,530/$ in the corresponding period of 2025. The improved exchange rate helped MTN record a foreign exch…

…and continued activity in Nigeria's construction sector.BUA Cement Gains Most From Naira StabilityBUA Cement's results showed how improved foreign exchange conditions are beginning to reshape corporate earnings in Nigeria.The company recorded a N16.57 billion foreign exchange gain, compared with just N782.8 million dur…

…he met on Facebook allegedly revealed she was married only after he spent thousands of naira on their first date. Narrating his experience in a viral video shared on X (formerly Twitter), he revealed that they had been chatting online for some time and that he had even been sending her money before they finally agreed…

…lower food prices. Threats against political opponents cannot restore the value of the naira,” Atiku stated. He further contended that the President’s biggest political challenge was not the opposition but the performance of his own administration. “His greatest opponent is his own record. Every unpaid worker, every st…

…restoration work continuing daily. EKEDP said it had invested several hundred million naira in strengthening the Festac electricity network and

…proud. Daddy Freeze continued joking that with school fees now costing millions of naira, having a profitable talent could be a cheaper alternative. His son, however, did not seem amused by the suggestion. Watch video below: View this post on Instagram A post shared by Lindaikejiblog (@lindaikejiblogofficial) by Linda…

Are you wondering how to check your NIRSAL loan with BVN? With your Bank Verification Number (BVN), you can verify your loan status and balance online in seconds. The NIRSAL Microfinance Bank portal lets you track your application, view disbursement updates, and plan repayments.NIRSAL supports agricultural value chains…

…shocks even his grown childrenRMD also spoke about gifting his wife a 100 million naira cheque and why he refuses to see acting as workFind it fast with our new search feature at Legit.ng! Veteran Nollywood actor Richard Mofe-Damijo, popularly known as RMD, has opened up about reaching his 65th birthday, describing it…

Fuji legend KWAM 1 called out Sam Larry's name during a stage performance, while Naira Marley danced beside himThe shoutout came weeks after socialite Sam Larry was involved in a fatal accident on the Lagos-Calabar coastal roadThe viral moment has sparked a wave of reactions online, with fans weighing in on both Naira…