Nigerian Stock Market Closes in Red Despite Surge in Trading Activity
The Nigerian stock market ended on a negative note on Tuesday, October 8, 2024, as the All-Share Index (ASI) dipped...
Zimbabweans Reject Zimbabwe Gold (ZiG) Amid Rapid Devaluation and Rising Inflation
Zimbabwe’s latest attempt at stabilizing its currency, the Zimbabwe Gold (ZiG), is facing widespread rejection just days after the Reserve...
NGX Reports N3.48 Trillion in Transactions for the First Eight Months of 2024
The Nigerian Exchange Limited (NGX) has reported total transactions amounting to N3.48 trillion between January and August 2024. According to...
CBN Withdraws 2024-2025 Monetary Policy Guidelines Amid Confusion Over Misinterpretations
The Central Bank of Nigeria (CBN) has temporarily withdrawn its recently issued *Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines...
Interest Rates on Nigerian Treasury Bills Drop Amid High Demand
The Central Bank of Nigeria (CBN) saw significant demand during its latest Nigerian Treasury Bills (NTB) auction held on September...
Top 6 Nigerian Banks Post N979.19 Billion Profit in First Half of 2024
Despite a challenging economic environment, six Nigerian commercial banks reported a combined profit before tax of N979.19 billion for the...
Top Nigerian Banks Report Remarkable Profit Surge in First Half of 2024
In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half...
Naira Weakens Against U.S. Dollar in Final August Trading Session
The Nigerian naira experienced further depreciation against the U.S. dollar during the final trading session of August, reflecting ongoing challenges...
CBN Lifts Suspension on Standing Lending Facility, Adjusts Rates
The Central Bank of Nigeria (CBN) has lifted the suspension on its Standing Lending Facility (SLF) for authorized dealers, a...
Naira Displays Mixed Signals as Dollar Gains Some Strength
The Nigerian naira exhibited a mix of gains and losses against the US dollar in the foreign exchange market on...
Popular Story
Naira Strengthens to N1,355/$ as Fragile US-Iran Ceasefire Eases Dollar Pressure
CBN Tightens Oversight on Digital Finance as Nigeria’s Fintech Boom Accelerates
FG Takes Governors to Supreme Court Over Local Government Allocations
Naira Plunges to N1,450 Against Dollar, 8.28% Decrease During Trading Hours
World Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
