The US dollar traded at approximately ₦1,332.49 at the Nigerian Foreign Exchange Market (NFEM), while the parallel market quoted the currency at about ₦1,370 for buying and ₦1,380 for selling, based on the latest available figures as of Monday, October 12, 2026. Data published by the Central Bank...
business
By Muhammad Inuwa, Dutse The African Democratic Congress (ADC) has accused President Bola Tinubu’s administration of worsening economic hardship in Nigeria, saying its policies have placed an enormous burden on ordinary citizens. The Jigawa State governorship candidate of the par...
News
Amazon founder Jeff Bezos has emerged as the world's second-richest person after his net worth increased by $122 billion over the past year. The post Jeff Bezos hits world’s 2nd-richest status as net worth rises $122 billion in 2026 appeared first on Nairametrics ....
News
Read the latest on the INEC 2027 list controversy, Nigeria’s debt interest surge, Tinubu’s reaction to a World Bank report, and other top stories. Read More: https://punchng.com/morning-recap-inec-list-controversy-nigerias-debt-interest-surge-other-top-stories/...
News
Nigeria’s foreign exchange reserves rose by approximately $115 million in six days to $55.07 billion as of October 8, 2026, extending the upward trend recorded in September. The post Nigeria’s external reserves gain $115 million in six days, hit $55.07 billion appeared first on N...
News
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and ent...
News
Nigeria’s 36 states and the Federal Capital Territory (FCT) collected N2.64 trillion in Pay-As-You-Earn (PAYE) tax in 2025, up 40.4% from N1.88 trillion in 2024. The post States, FCT collect N2.64 trillion taxes from workers as PAYE jumps 40.3% appeared first on Nairametrics ....
News
By Yinka Kolawole Manufacturers’ drive to reduce dependence on imported inputs and foreign exchange (FX) has pushed investment in the sector up by 102.16 per cent to N1.33 trillion in 2025, from N658.81 billion in 2024, the Manufacturers Association of Nigeria (MAN) has said. Dir...
safety
A farmer’s tip helped security operatives track down suspected kidnappers in Edo, rescuing an abducted man and leaving three suspects dead after a gun battle. The post Edo police kill three suspected kidnappers, rescue kidnapped victim appeared first on Premium Times Nigeria ....
government
E-hailing drivers in Lagos State, under AUATON, have begun an indefinite strike over concerns about fare structures, commissions, and their welfare. Read More: https://punchng.com/lagos-e-hailing-drivers-begin-indefinite-strike-over-fares/...
government
By Luminous Jannamike ABUJA – Former Vice-President Atiku Abubakar has challenged the Independent National Electoral Commission (INEC) to disclose who is printing sensitive materials for the 2027 elections, warning that opaque contracts and key departmental redeployments could un...
government
The Kwankwassiyya Movement has revealed its next line of action following the omission of the Nigeria Democratic Congress, NDC, deputy governorship candidate in Kano State, Mustapha Rabiu Kwankwaso, from the final list of candidates published by the Independent National Electoral...
government
By Babajide Komolafe Nigerian Economic Summit Group, NESG yesterday said that business activity expanded strongly in September, with the Current Business Performance Index, BPI, rising to 117.8 points from 112.7 points in August, citing stronger demand for goods and services ahea...
