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 $1.63 Billion in Second Week of July
Nigeria’s foreign exchange market witnessed a sharp decline in activity during the week ended July 10, 2026, with total turnover...
Nigeria’s Exports to US Drop by N366bn in Q1 as Imports from America Surge
Nigeria’s exports to the United States declined sharply by N365.64 billion in the first quarter of 2026, even as imports...
Naira Holds Steady at N1,361/$ 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...
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
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Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
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