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...
Cash Outside Banks Falls by N486 Billion to Seven-Month Low
Currency held outside Nigeria’s banking system dropped to its lowest level in seven months in June 2026, signalling a gradual...
Naira Strengthens as FX Turnover Hits Record $1.5 Billion in a Single Day
The Nigerian naira posted gains against the US dollar on Tuesday, July 21, 2026, as the foreign exchange market recorded...
CBN Keeps Benchmark Rate at 26.5% as MPC Maintains Tight Monetary Policy
The Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR) at 26.5%, maintaining its tight...
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
Nigeria’s external reserves have climbed to $51.86 billion, the highest level recorded in more than 17 years, according to the...
FX Market Turnover Plunges 46.57% to $1.63 Billion in Second Week of July
Nigeria’s foreign exchange market witnessed a sharp decline in activity during the week ended July 10, 2026, with total turnover...
Popular Story
Sterling, AIICO and Fidelity Lead Volumes as NGX Gains About N315 Billion
FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease
Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September
Naira Weakens to N1,329.15 per Dollar as Demand Rises
FG Considers Review of Power Distribution Tariffs as Subsidy Expenditure Hits N2.8tn.
