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Daily Naira Exchange Rates

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Inflow Rate

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Latest News

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Raises N1.06 Trillion at July 8 Treasury Bills Auction, Lifts One-Year Rate to 17.70%

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

Nigeria’s $51 Billion Reserves at Risk from Volatile Capital and Oil Reliance – EBC

SEC encourages youth’s participation in capital market.

SEC Gives Capital Market Operators Two Days to Submit Capital Flows Returns

Oil Prices Reach $90 Following Supply Reduction by Saudi Arabia and Russia.

Petrol Prices Rise at Major Depots as Global Crude Oil Rebounds to $76.20 per Barrel

Economy

Dangote Refinery Opens Direct Petrol Sales to All Marketers, Cuts Price to N1,075 per Litre

President Tinubu’s Executive Orders Set to Boost Liquidity in Nigeria’s Forex Market

Tinubu Administration Secures $11.4 Billion in World Bank Loans Within Three Years

FG Records N13.33bn Revenue Shortfall from Gas Flaring Penalties

FG Plans Massive N5.8 Trillion Treasury Bills Issuance in Q3 2026

Dangote Bounces Back, Gains N313.2 Billion in 24 Hours Following Stock Losses

Dangote Refinery Cuts Petrol Price by Another N50 to N1,075 per Litre

Market

Nigeria’s Inflation Climbs to 19.6% in July 2022

Cost of Healthy Diet Rises to N1,541 Per Day as Food Expenses Climb

Dangote Refinery Obtains License to Process 300,000 Barrels of Crude Daily

Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs

Nigerian Stock Market Witnesses N35 Billion Dip in Market Cap as Key Stocks Decline

Investors Pocket N1.7 Trillion as NGX Banking and Industrial Stocks Rally

February 20, 2026

Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

NGX All-Share Index Breaks 190,000 Barrier, Market Cap Surges by N5.1 Trillion in Single-Day Rally

February 17, 2026

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Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

FX Market Turnover Surges to $3.05 Billion, Highest in Three Months

by Victoria Attah

Nigeria’s foreign exchange market posted its strongest weekly performance in over three months, with total turnover reaching $3.053 billion in...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Weakens to N1,410 in Parallel Market as Summer Travel Demand Intensifies

by Jide Omodele

Naira came under renewed pressure in the parallel market on Monday, depreciating to N1,410 per US dollar, up from N1,397...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Revokes Licences of 46 Microfinance Banks in Major Regulatory Sweep

by Victoria Attah

The Central Bank of Nigeria (CBN) has revoked the operating licences of **46 microfinance banks** with immediate effect, citing serious...

DMO’s campaign boosting investment in securities – stockbroker

DMO Launches July FGN Savings Bonds at Record 15.716% Interest Rate

by Jide Omodele

The Debt Management Office (DMO) has opened subscription for the July 2026 series of Federal Government of Nigeria (FGN) Savings...

Naira depreciates to N755/$ in the parallel market.

Naira Maintains Stability Around N1,370 as Reserves Climb

by Jide Omodele

The Nigerian naira has demonstrated remarkable resilience in 2026, trading within a relatively narrow range and holding steady around N1,370...

Popular posts

Politics

House of Representatives Recovers N521.77 Million Unremitted VAT from CBN

2024 Budget Outline: Oil Price Set at $77.96, Naira Stands at 750 Against the Dollar

FG Debt Repayments Overshoot 2025 Budget Allocation by N1.9 Trillion

FG’s First-Half Budget Performance Falls Short: Economic Consequence

Nigeria’s Projected N20.12 Trillion 2026 Deficit Risks Crowding Out Private Sector Credit

January 29, 2026

Crude Oil Prices Soar as Global Supply Shortage Intensifies.

Finance Ministry Denies Collapse of $5 Billion Oil-Backed Loan Deal

Wealth

FG 2053 Bond Records $364 million Subscription as Investors Seek Record Yields

DMO Plans N4 Trillion FGN Bond Issuance for Third Quarter of 2026

IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

IMF Says Naira Remains Undervalued by 25.6%, Urges Slower Reserve Build-Up

Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.

Banks Generate N224.69 Billion from E-Banking and ATM Charges in Q1 2026

Elon Musk’s Wealth Crosses $1 Trillion Mark, Overtaking Nigeria’s Entire Economy

Business

Oil Prices Waver Near $80 as OPEC+ Meeting Looms and Supply Concerns Persist

OPEC+ Members Agree to Increase Oil Output by 188,000 bpd in August

Federal Government to Generate N12bn Annually from new vehicle tax.

FG Cuts Import Duties on Vehicles by 50% Ahead of New Green Tax

Naira Depreciation Forces Imports Down By 65% in Q3, 2023

Nigeria’s Exports to US Drop by N366bn in Q1 as Imports from America Surge

Petrol Price Climbs to N1,596 per Litre in May, Edo Leads States

Technology

Elon Musk claims to donate almost $2 billion to charity.

Starlink Dominates African Internet Speeds, Outperforming Local Providers in 22 Markets

WhatsApp launches online payment channels through chats

WhatsApp to End Support for Older iOS Devices from November 2026

Aliko Dangote’s Wealth Drops by N1.45 Trillion Following Naira’s Exchange Rate Change

Dangote revives Peugeot in Nigeria as auto assembly restarts in Kaduna

Apple shares decline due to lower projected December quarter revenue.

Apple’s New Siri to Feature Auto-Delete Chat Option for Enhanced Privacy

Currency

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

FX Market Liquidity Strengthens Significantly as Daily Turnover Nears $1 Billion

Naira appreciated to N738/$ in the Parallel Market

Naira Holds Firm at N1,380/$ as FX Inflows Reach One-Year High

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Depreciates to N1,385/$ in Parallel Market Amid Tight Dollar Supply

Dollar Index Loses Steam as Treasury Yields Drift Back to 4.8%

Naira Weakens Slightly to N1,370.64/$ at Official Market

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