Naira Firms at 1,344 as Dollar Supply Expands

Naira Holds Steady as Official Rate Stays Near N1,360

The Nigerian naira is showing resilience at the official window this Wednesday, April 29, 2026, trading around the ₦1,360 mark. Market data confirms a period of relative stability, with the currency hovering near ₦1,360.19 per dollar. While official channels maintain this tight band, the parallel market remains under persistent pressure, with rates reported between ₦1,480…

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States Owe N5.3tn as Twelve Governors Near Exit

Debt Office Opens N700bn Bond Auction

The Debt Management Office (DMO) is seeking to raise ₦700 billion through a bond auction today, April 27, 2026. This issuance forms a critical component of the federal government’s domestic borrowing programme designed to plug budgetary gaps. Investors will bid across three distinct re-openings, with the settlement date set for April 29. The auction comes…

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US Mission Issues Stern Warning on Visa Compliance

US Mission Issues Stern Warning on Visa Compliance

The United States Mission in Nigeria has issued a blunt warning: overstaying a visa damages future travel prospects for all Nigerians. In an advisory posted today, the mission emphasised that immigration officials closely track compliance. When travellers ignore their departure dates or violate entry terms, the consequences ripple outward. Applicants from the same country may…

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Government Clarifies New Forty Per Cent Pay Rise

Government Increases Allowances and Pension Benefits for Civil Servants

The Federal Government has approved a substantial rise in peculiar allowances and welfare benefits for civil servants. Didi Walson-Jack, Head of the Civil Service of the Federation, confirmed the reforms during a briefing in Abuja on Friday. The policy covers workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and…

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