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Cash Outside Banks Hits N4.92 Trillion as CBN Pursues Digital Payments

Nigeria, Oct. 22 -- Cash outside Nigeria's banking system grew by N48.7 billion to N4.92 trillion in September 2026 with the monthly increase continuing despite efforts by the Central Bank of Nigeria ... Read More


Carrick Hits Back at Bruno Fernandes After Man United's Humiliating Como Defeat

Nigeria, Oct. 22 -- Manchester United boss Michael Carrick has come unstuck with his man Bruno Fernandes after the Red Devils were hammered 4 to 1 by Como in the Champions League on Wednesday. United... Read More


Nigeria's Money Supply Hits N146.6 Trillion as Government Credit Surges

Nigeria, Oct. 22 -- Nigeria's broad money supply mushroomed to N7.51 trillion to N146.60 trillion in September 2026 after a huge rise in credit to the government despite a contraction in loans to the ... Read More


FG Sets Q1 2027 Deadline for Agencies to Publish Audited Accounts

Nigeria, Oct. 21 -- The Federal Government has directed ministries, departments, and agencies to make available their audited financial statements for the first quarter of 2027, as a step towards tran... Read More


Naira Falls to N1,334.99 Per Dollar as Global Dollar Weakness Fails to Lift Currency

Nigeria, Oct. 21 -- The naira closed lower at N1,334.99 per dollar on Tuesday October 20, 2026, compared to N1,333.5 recorded in the previous trading day according to the Central Bank of Nigeria (CBN)... Read More


Nigeria Startup Funding Hits $635 Million as Country Reclaims Africa's Lead

Nigeria, Oct. 21 -- Nigeria has reclaimed its position as the largest recipient of startup investment in Africa after raising a total of $635 million between January and September 2026, more than doub... Read More


NAFDAC Seizes Counterfeit Alcoholic Drinks Worth Over N2bn In Lagos

Nigeria, Oct. 14 -- The National Agency for Food and Drug Administration and Control (NAFDAC) has recovered fake liquor worth over N2 billion during a raid in Lagos International Trade Fair Complex. ... Read More


Nigeria's Foreign Reserves Rise To $55.07 Billion After $115 Million Gain

Nigeria, Oct. 12 -- Nigeria's external reserves rose to $55.07 billion as of October 8, 2026, gaining about $ 115 million USD within six days as it continues to build its foreign exchange buffers. Ac... Read More


Jeff Bezos Becomes World's Second Richest As Fortune Hits $372 Billion

Nigeria, Oct. 12 -- Amazon founder Jeff Bezos has climbed to the status of the world's second richest individual as his net worth grows to $372 billion after gaining $122 billion in 2026. According t... Read More


States, FCT Collect N2.64 Trillion In PAYE Taxes As Revenue Rises 40%

Nigeria, Oct. 12 -- Nigeria's 36 states and the Federal Capital Territory (FCT) collected N2.64 trillion in Pay As You Earn (PAYE) taxes in 2025, representing a 40.4% increase from N1.88 trillion reco... Read More