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Naira Stability

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Lagos warns of Lekki-Epe road sign thefts as repairs begin

Lagos officials say road signs on the Lekki-Epe Expressway vanish within days of installation and are urging residents to help catch the thieves.
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Ogun health workers begin 72-hour warning strike after colleague is stabbed at Abeokuta hospital

Health workers at the Federal Medical Centre, Abeokuta, began a 72-hour warning strike after a laboratory scientist was allegedly stabbed by a patient’s relative at the hospital.
News

CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.
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World Bank Urges CBN to Halt Ad-Hoc Forex Auctions

The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.
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Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

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Lagos warns of Lekki-Epe road sign thefts as repairs begin

Lagos officials say road signs on the Lekki-Epe Expressway vanish within days of installation and are urging residents to help catch the thieves.
News

Ogun health workers begin 72-hour warning strike after colleague is stabbed at Abeokuta hospital

Health workers at the Federal Medical Centre, Abeokuta, began a 72-hour warning strike after a laboratory scientist was allegedly stabbed by a patient’s relative at the hospital.
Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.