Fuel Subsidy Saved Naira From N3,500, Says Revenue Chief; CBN Steadies Forex

The "Ledger" opens with the revenue chief's bold claim and the naira's quiet resilience.

Assets (What's Gaining Value)

• Naira's Euro Fortress: The naira held firm against the euro, settling at N1,576/€1 last week after CBN reforms, a far cry from January's N1,774/€1.
• Revenue Surge: The NRS reports H1 2026 revenue almost matched full-year 2025 collections, putting the agency on track to exceed N40 trillion this year.

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