NGX Adds N1.54 Trillion as All-Share Index Rises 1.63%
The Nigerian Exchange (NGX) ended last week in positive territory, gaining N1.54 trillion in market value as the All-Share Index...
Naira Weakens Against Major Currencies Amid Heightened Holiday Demand
The Nigerian Naira faced renewed depreciation pressure across both official and parallel foreign exchange markets on Monday, as heightened seasonal...
CBN Shuts Down Thousands of Street BDCs in Sweeping Clean-Up
The Central Bank of Nigeria has drawn a hard line: any bureau de change operator that did not upgrade its...
Naira Slides Again in the Streets, Now N1,485/$ on Parallel Market
The naira took another quiet tumble yesterday in the black market, weakening to N1,485 per dollar from N1,475 the day...
Naira Records Minor Decline in Official FX Market Amid Seasonal Demand Pressure
The Nigerian Naira depreciated marginally at the official foreign exchange market on Monday, closing at N1,451.86 per dollar, compared to...
Nigeria’s Debt Office Opens N460 Billion Bond Auction for December
The Debt Management Office (DMO) has announced a new Federal Government of Nigeria (FGN) bond auction, offering a total of...
Naira Strengthens on Prospect of U.S. Federal Reserve Rate Cuts
The Nigerian Naira is poised for a potential bullish breakout this week, with analysts forecasting it could firm beyond the...
Banks Pursue New Revenue Avenues as Foreign Exchange Windfalls Diminish
Financial institutions across Nigeria are intensifying efforts to cultivate sustainable, non-interest income streams, as the extraordinary foreign exchange revaluation gains...
Why Nigeria’s Banks and Insurers Are Growing – But Adding Less to the Economy Than Before
At first glance, the numbers look impressive: Nigeria’s banks, insurance companies and other financial institutions pumped N4.94 trillion into the...
DMO Raises N709.62 Billion in December T-Bills Auction as 364-Day Yield Jumps to 17.5%
Nigeria’s Debt Management Office (DMO) successfully raised N709.621 billion at its primary auction of Treasury Bills held on December 3,...
Popular Story
Naira Strengthens to N1,355/$ as Fragile US-Iran Ceasefire Eases Dollar Pressure
NNPCL Reports 4.24% Revenue Growth to N2.68 Trillion in February Despite Iran War
US Dollar Weakens as Fragile Ceasefire Between US and Iran Fuels Market Uncertainty
Stock Market Maintains Bullish Run as Investors Gain N1.36 Trillion in Four Days
World Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
