Vanguard Newspaper

Vanguard Newspaper: Pioneering Nigerian news since 1984, committed to top-notch journalism, political stability, and economic prosperity.

Naira Dollar Scheme

Naira depreciates to N1,420/$ in parallel market

By Elizabeth Adegbesan THE Naira yesterday depreciated to N1,420 per dollar in the parallel market from N1,415 per dollar Monday.   Likewise, the naira depreciated to N1,387 per dollar in the Nigerian Foreign Exchange Market, NFEM.    Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]

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We must urgently tackle Africa’s $88bn illicit financial flows

By Emma Ujah, Abuja Bureau Chief Abuja – Nigeria and other African countries must act urgently to curb the continent’s $88 billion annual Illicit Financial Flows (IFFs), the Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has said. Speaking at the opening of the 5th Sub-Committee on Tax and IFFs of the

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NASS passes N68trn 2026 budget, boosts RMAFC allocation

By Henry Umoru & Gift ChapiOdekina, Abuja The National Assembly has passed the N68.323 trillion 2026 budget, representing a N9 trillion increase from the initial N58.47 trillion proposal presented by President Bola Tinubu. The increase was made following adjustments by the executive, which were concurred with by lawmakers, to cover unfunded capital obligations, priority projects

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