Naira Strengthens to N1,385 per Dollar in Official Market Amid Global Dollar Weakness
The Nigerian naira extended its recent rally on Thursday, closing at N1,385 per US dollar in the official foreign exchange...
NGX Gains N232 Billion in Market Capitalisation Despite Slower Trading Activity
The Nigerian Exchange Limited (NGX) ended Thursday’s session on a positive note, with total market capitalisation increasing by N232 billion...
Naira Strengthens to N1,394 per Dollar in Official Market – Strongest Level Since May 2024
The Nigerian naira recorded its strongest performance in the official foreign exchange market since May 2024, appreciating to N1,394 per...
Nigeria’s N501 Billion Power Sector Bond Fully Subscribed Amid Growing Controversy
The Federal Government has successfully raised N501 billion through a bond issuance aimed at settling long-standing debts owed to electricity...
Naira Strengthens to N1,400.66/$ in Official Market as US Dollar Weakens Globally
The Nigerian naira extended its early-2026 rally on Tuesday, reaching a monthly high of N1,400.66 per dollar in the official...
Nigerian Stock Market Extends Gains with N126 Billion Increase Despite Lower Volume
The Nigerian Exchange Limited (NGX) maintained its upward momentum on Tuesday, adding N125.65 billion to total market capitalisation and pushing...
Nigeria and UAE Sign Landmark Trade Deal to Eliminate Tariffs on Thousands of Products
Nigeria and the United Arab Emirates have signed a Comprehensive Economic Partnership Agreement (CEPA) that removes tariffs on thousands of...
Dangote Refinery Suspends Petrol Sales and Cancels Contracts as Crude Supply Issues Bite
Africa’s largest oil refinery, the Dangote Petroleum Refinery in Lekki, has temporarily halted sales of Premium Motor Spirit (PMS, commonly...
LIRS Warns Banks, Employers and Others: We’ll Deduct Unpaid Taxes Directly from Your Funds
The Lagos State Internal Revenue Service (LIRS) has issued a strong public warning that it will begin using its legal...
Naira Ends Week Weaker at N1,421.63/$ as Supply Shortages Fuel Volatility
The naira closed the trading week on a soft note, depreciating across both official and parallel markets amid persistent supply...
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