NELFUND receives 1.69 million applications, disburses 183.8 billion Naira
The Nigerian Education Loan Fund has received nearly 1.7 million applications and disbursed over 183 billion Naira as the application period closes.
JAMB projects 23.8 billion naira IGR, expands UTME centres to 1,000
The Joint Admissions and Matriculation Board (JAMB) of Nigeria announced a target of 23.8 billion naira for internally generated revenue in 2026, an increase from the previous year, while also expanding Unified Tertiary Matriculation Examination (UTME) centres to 1,000.
EFCC arrests 20 over electoral fraud in FCT council polls, recovers over N17m
The Economic and Financial Crimes Commission has arrested 20 individuals for electoral fraud during the Federal Capital Territory local government elections and recovered over 17 million Naira intended for vote buying.
ICPC tracks 4.61 billion Naira FG projects in Zamfara
The ICPC reports tracking 35 Federal Government projects worth 4.61 billion Naira in Zamfara to ensure proper implementation and completion.
Student freed after N2m ransom payment in Edo
Tope Oriloye, a secondary school student abducted in Edo State, has been released after a ransom of 2 million Naira was paid, while another victim remains in captivity.
Afternoon recap: Dangote says Naira could hit N1,100 to $1, Electoral act could cause chaos, other top stories
Today’s recap highlights key economic and electoral issues in Nigeria, including currency forecasts and potential electoral disruptions.
Fire guts electronics market in Anambra, destroys goods
A devastating fire at the Electronics Parts Market in Nnewi, Anambra State, destroyed numerous shops and goods worth millions of naira, with no casualties reported.
Naira could hit N1,100 to $1 in 2026, says Dangote
Aliko Dangote forecasts that the Nigerian naira could strengthen to ₦1,100 against the dollar within the year, contingent on government reforms and policy implementations.
Nigerian stocks deliver world’s second-best dollar returns, reclaim $21bn – Report
Nigerian stocks have achieved the world's second-best dollar returns this year, with a 31% increase, recovering $21 billion in market value after a naira devaluation.
VIDEO: APC supporter cautioned for spraying naira during Rarara’s performance
During President Bola Tinubu's visit to Adamawa State, the traditional practice of spraying cash reemerged during a performance by Hausa musician Dauda Rarara, despite ongoing warnings against it.
Inflation plunges as reforms anchor naira stability
Nigeria's inflation rate has significantly decreased, reflecting the positive effects of monetary reforms and improved currency management.
VIDEO: Argungu trader accepts all Nigerian currencies, from cowries to modern naira
A trader in Argungu, Nigeria, is gaining attention for accepting a wide range of historical and modern currencies, highlighting Nigeria's diverse monetary history during the Argungu Fishing Festival.
Afternoon Recap: El-Rufai arrest drama, Otedola projects naira may hit ₦1,000/$, other top stories
Security agents attempted to arrest former Kaduna State Governor Nasir El-Rufai at Abuja Airport amid discussions about the naira's potential decline against the dollar.
Afternoon Recap: El-Rufai arrest drama, Otedola projects naira may hit ₦1,000/$, other top stories
In Nigeria, former Kaduna Governor Nasir El-Rufai faced attempted arrest by security agents at Abuja Airport, and billionaire Femi Otedola predicts the naira's value may drop below ₦1,000 to the dollar by year-end.
EFCC arrests three for using ₦500 note as tissue paper
The EFCC has arrested three men for allegedly mutilating a ₦500 note by using it as tissue paper, following a viral video of the act.
Full Dangote refinery capacity could drive naira below ₦1,000/$ — Otedola
Billionaire Femi Otedola predicts that the naira could strengthen to below ₦1,000 per dollar by 2026, following the Dangote Refinery reaching full production capacity.
Nigeria: Court Convicts Two Chinese Nationals for Cyber-Terrorism, N3.4bn Fraud
A federal court in Lagos has convicted two Chinese nationals of cyber-terrorism and fraud involving 3.4 billion naira.
Naira set to strengthen with new BDC dollar limit
Market analysts predict that the naira will strengthen against the dollar following the Central Bank of Nigeria's announcement allowing Bureau de Change operators to purchase up to $150,000 weekly.
Monica Cash Celebrates ₦500 Billion+ in Transactions as Nigerians Embrace Safer, Faster Crypto-to-Naira Payments
Monica Cash has surpassed ₦500 billion in transactions, highlighting the increasing adoption of cryptocurrency in Nigeria for secure and fast payments.
Police arrest five robbery suspects, others, recover stolen goods in Jigawa
The Jigawa State Police Command has apprehended five armed robbery suspects and two individuals for cattle rustling, recovering stolen goods worth millions of naira.
N10bn fraud: Court registrar faces probe over alleged exhibit tampering
A judge has ordered an investigation into the court registrar for allegedly tampering with evidence in a fraud trial involving 10 billion Naira.
Naira slides to 1,366/$ at official window
The Nigerian naira depreciated slightly against the US dollar, falling to 1,366.05 naira per dollar at the official exchange rate after a period of consecutive gains.
FG reviews success of ₦2.3tn agro-pocket project
The Federal Government is reviewing the National Agricultural Growth Scheme and Agro-Pocket Project after significant agricultural success, producing over 2.5 million metric tons valued at around 2.3 trillion Naira.
CBN reforms, rising oil prices lift FX fortunes
Nigeria's foreign exchange market is improving due to Central Bank reforms and rising oil prices, enhancing the naira's value and strengthening external reserves.
Naira closes January at 1,386/$ in official market
The naira improved against the US dollar in the last week of January 2026, closing at 1,386/$ in the official Nigerian foreign exchange market.
Nigeria: Ex-justice minister Abubakar Malami granted bail in money laundering case
A Nigerian court has granted bail to former justice minister Abubakar Malami as he faces charges of money laundering involving 8.7 billion naira ($6 million).