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Latest News

Naira appreciated to N738/$ in the Parallel Market

Naira Holds Steady in Parallel Market as Dollar Gains Strength Globally

UBA annual profit hits N170 billion in 2022.

UBA Reports N189.8 Billion Profit in First Quarter of 2025

FG Plans to Raise Up to N1.2 Trillion from Domestic Bond Market in Q2 2025

Pension Fund Assets in Nigeria Surpass N17 Trillion, Showing Steady Growth.

PENCOM Recovers N1.58 Billion from Defaulting Employers, Pushes for Broader Pension Compliance

Economy

CBN bans foreign bank representative offices from engaging in banking business in Nigeria..

Currency in Circulation Falls to N5tn in March 2025 – CBN Report

IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

IMF Predicts Nigeria’s Inflation to Surge to 37% by 2026

NEC Affirms CBN $3 Billion Loan for Naira Stability

Stronger Banks Critical to Achieving $1 Trillion Economy — CBN

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

Dangote Cement, Seplat, and UBA Honored at Corporate Reporting Awards

Market

Gold Prices Hit $2,000 Mark as Markets Assess Federal Reserve Rate Outlook

Gold Prices Soar to Record Highs Amid Economic Uncertainty

NGX Group revenue grows by 9.35% in the full year of 2022.

NGX Trading Activity Drops to ₦509bn Amid Foreign Investor Exit

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

Nigerian Equities Market Sees Sustained Rally, Investors Gain ₦607 Billion

December 30, 2024

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

UPL Leads Gainers with 10% Surge as All-Share Index Slightly Declines

December 6, 2024

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JP Morgan Projects Naira to Appreciate and Settle at N600/$.

Nigeria in Final Talks to Rejoin JP Morgan Bond Index Amid FX Market Reforms

by Stephen Akudike

Nigeria is nearing a key milestone in its return to global capital markets as it engages in advanced discussions to...

IMF Lists Top 10 African Nations with Highest Debt Burdens

OECD Reports 7.1% Decline in International Aid in 2024

by Victoria Attah

The Organisation for Economic Co-operation and Development (OECD) has disclosed that official international aid dropped by 7.1% in real terms...

Bitcoin to end year at $25,473

Bitcoin Climbs to $88,000 as Dollar Weakness

by Bolarinwa Mathew

Bitcoin (BTC) surged past $88,000 on Tuesday, marking its highest level since late March, as a weakening U.S. dollar and...

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

Nigerian Crude Trades $4 Above Brent Amid Global Oil Market Volatility

by Stephen Akudike

Nigerian crude oil blends ended Tuesday’s trading session on a strong note, selling at an average price of $68 per...

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Cuts Petrol Price to N835 per Litre Across Nigeria

by Stephen Akudike

The Dangote Refinery has once again lowered the ex-depot price of Premium Motor Spirit (PMS), bringing it down to N835...

Popular posts

Politics

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

FG, Governors Agree on Three-Month Delay for Local Government Autonomy

August 13, 2024

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

Federal Government Allocates ₦570 Billion to States Amid National Protest

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Federal Government Denies Subsidy Payments Amid Rising Petrol Pump Prices

Access Bank, Zenith Bank among others Report Robust Profits Despite Economic Challenges

Senate Approves Finance Act Amendment, Raises Banks’ Windfall Levy to 70%

Wealth

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Nigeria’s Money Supply Surges 18% to N110.97 Trillion as Savings Increase

February 21, 2025

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

Nigerian Equity Market Reverses Recent Gains, Records N63bn Loss

December 10, 2024

FG Raises N346.155 Billion in November Bond Auction Amid Increased Allotments

November 22, 2024

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Survey Reveals Decline in Business Confidence as Naira Depreciation Looms

November 13, 2024

Business

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

Nigerian Stock Market Suffers ₦500 Billion Loss in Three Days

Airtel Africa Records $471 Million Foreign Exchange Loss Due to Currency Unification.

Airtel Nigeria Reports $344 Million Revenue Loss Amid Data Sales Decline

February 20, 2025

BREAKING: MTN Nigeria gets NCC approval to lease spectrum from NTEL.

Court Upholds FCCPC’s Authority in MTN Legal Battle

February 10, 2025

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

Surge in Domestic Investors Drives Nigerian Equity Trading to N10.8 Trillion

January 28, 2025

Technology

ChatGPT Reaches Its Limit: Users Unable to Generate Responses

ChatGPT Reaches Its Limit: Users Unable to Generate Responses

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

Elon Musk’s xAI Secures $6 Billion in Series B Funding, Valued at $24 Billion

Indeed: Demand Surges for Generative AI Skills Paying Over $150,000

Indeed: Demand Surges for Generative AI Skills Paying Over $150,000

Elon Musk Loses Billions as Tesla’s Market Cap Plummets by $30 Billion

Tesla Shares Decline by 29% in Q1 2024 As Deliveries Falls.

Currency

Naira appreciated to N738/$ in the Parallel Market

Naira Hovers at N1,600 as Dollar Index Slumps to Three-Year Low

CBN Supplies $29.5 Million at FX Auction as Naira Depreciates at I&E Window.

Nigeria’s Personal Remittances Rise to $20.93 Billion in 2024 – CBN

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

April Fool? CBN Denies Introduction of N5,000 and N10,000 Banknotes

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Faces Decline at Official Market, Hits ₦1,536/$

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