Naira Breaks Below N1,500 Against Euro for First Time Since April 2024
The naira strengthened past a key level against the euro, closing at N1,497 per euro according to the latest Central...
Federal Government Allots N6.69 Billion in September Savings Bonds
The Federal Government, through the Debt Management Office, has allotted a total of N6.69 billion to domestic investors under the...
CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
Nigeria’s banking system is set for a sharp rise in liquidity this week, with net cash levels potentially climbing to...
FG Raises N6.69 Billion from September Savings Bond at Rates of Up to 15.12%
The Federal Government has raised N6.69 billion through its September 2026 Federal Government of Nigeria Savings Bond, offering retail investors...
Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show
Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025 from $7.43 billion in 2024, according...
Lagos Ports Handle 84.6% of Nigeria’s N41.44 Trillion Merchandise Trade in Q2
Lagos ports processed an estimated N35.07 trillion, or about 84.6 per cent, of Nigeria’s N41.44 trillion total merchandise trade in...
FG Offers N1 Trillion Bonds in September Auction with N50 Million Minimum
The Federal Government is seeking to raise N1 trillion through its September 2026 bond auction, with the Debt Management Office...
Eurobond Yields Reach 8.2% as Investors Price in Long-Term Sovereign Risk
Nigeria’s dollar-denominated Eurobonds are trading at yields of up to 8.2 per cent, underscoring the premium international investors continue to...
Naira Holds Near Flat in Parallel Market as Official FX Turnover Rises to $1.06 Billion
The naira traded at N1,400 to the dollar in the parallel market on Friday, softening by N3 from the N1,397...
NRS Chairman: Ending Fuel Subsidy Averted N53 Trillion Bill and Naira Crash to N3,500
The petrol subsidy could have drained as much as N53 trillion from government coffers under present market conditions and driven...
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