Naira Holds Steady at N1,361/$ as Dollar Gains Support from Robust US Jobs Data
The Nigerian naira traded with relative stability in the official foreign exchange market during the first half of the week,...
Wema Bank Temporarily Suspends X (Twitter) Activities Over Surge in Fake Accounts
Wema Bank has temporarily suspended all communications on its official X (formerly Twitter) platform due to a sharp increase in...
NGX Frames Dangote Refinery IPO as Pan-African Investment
The Nigerian Exchange Group (NGX Group) is positioning the forthcoming Initial Public Offering (IPO) of Dangote Refinery and Petrochemicals as...
Naira Records Modest Decline at Official Market, Remains Stable in Parallel Market
The Nigerian naira weakened slightly against the US dollar in the official foreign exchange market on Thursday, dropping by N1.49...
FMDQ Turnover Hits $180.85 Billion as Trading Volume Surge
The FMDQ Securities Exchange recorded a remarkable performance as total market turnover reached $180.85 billion, driven by a sharp increase...
Is the World Underestimating Nigeria?
For years, conversations about the future of global power have sounded familiar. China. The United States. India. Perhaps the European...
Naira Depreciates 0.7% in Official Market Amid Persistent Forex Pressure
The Nigerian naira came under renewed pressure last week, weakening by 0.7% in the official foreign exchange market to close...
Naira Weakens as CBN Slashes FX Intervention by 83% in April
The Nigerian naira came under mild pressure at the official foreign exchange market on Tuesday, closing at N1,366.56 per US...
Naira Weakness Pushes Foreign Currency Taxes to N6.33 Trillion in 2025
Nigeria’s tax receipts denominated in foreign currency rose sharply to N6.33 trillion in 2025, representing a 27.3% increase from N4.97...
Naira Drops to Three-Week Low at ₦1,361.5 per Dollar Amid Persistent FX Pressure
The Nigerian naira weakened to its lowest level in three weeks on Friday, as foreign exchange market pressures continued to...
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