Naira to Dollar Exchange Rate Today – Official ₦1,422.75, Parallel ₦1,465–₦1,475
Naira to Dollar Exchange Rate Today – Official ₦1,422.75, Parallel ₦1,465–₦1,475 The Nigerian Naira maintained a steady performance against the United States Dollar on Friday, January 16, 2026, across both…
FG Targets Lower Debt Servicing Costs Through Inflation Control
The Federal Government has indicated that cooling inflation in Nigeria could pave the way for lower debt servicing costs, as Finance Minister and Coordinating Minister of the Economy, Wale Edun,…
Budget Office Clarifies ₦246bn NEDC Allocation Is Not for Salaries
.The Budget Office of the Federation has dismissed widespread claims that the North East Development Commission (NEDC) operates a ₦246 billion salaries budget, describing the assertion as misleading and based…
FG, Nigerian Legion Move to Build Affordable Housing for Military Veterans
The Federal Government, in collaboration with the Nigerian Legion, has concluded plans to develop affordable housing estates for military veterans as part of broader efforts to improve post-service welfare and…
Eastern Naval Command Commissions New Housing Facility for Senior Ratings in Rivers
The Flag Officer Commanding (FOC), Eastern Naval Command, Rear Admiral Chidozie Okehie, has commissioned a newly completed accommodation facility for senior ratings at the Forward Operating Base (FOB), Bonny, Rivers…
FCTA Enforcement Powers, Abuja Land Abuse and the Cost of Elite Impunity
Urban planning experts have raised fresh concerns over persistent violations of land-use regulations in Abuja, warning that continued disregard for development control laws threatens the integrity of the Federal Capital…
FG Plans ₦500bn Green Bond in 2026 for Climate Financing
The Federal Government has announced plans to raise ₦500 billion through the issuance of green bonds in 2026, as part of efforts to expand funding for climate-related and environmental projects…
US Freezes Visa Processing for Nigeria, 74 Others Over Welfare Dependence
The United States government has announced plans to freeze visa processing for nationals of Nigeria and 74 other countries over concerns that applicants from the affected nations are likely to…
FCTA Ratifies N11.5bn Projects, Orders Crackdown on Land Violators
The Federal Capital Territory Administration (FCTA) has ratified infrastructure projects valued at about ₦11.5 billion and approved fresh enforcement actions against land and property owners violating development regulations across Abuja.…
FCTA to Seal, Revoke Properties Over Unpaid Ground Rents and C-of-O Fees
The Federal Capital Territory Administration (FCTA) has announced plans to begin a large-scale enforcement operation next week against property owners defaulting on ground rents, Certificates of Occupancy (C-of-O) payments, and…