Top 10 Brokers Dominate NGX Trades, Account for 87% of Market Value
Fresh data from the Nigerian Exchange (NGX) reveal that trading activity in the equities market remains heavily concentrated, with just...
Nigeria’s FX Reserves Dip by $263m, Ending Six-Month Growth Run
Nigeria’s foreign exchange reserves have recorded their first decline in nearly six months, falling by $263.15 million to $45.21 billion...
Liquidity Shortfall and Weak Festive Inflows Weigh on Naira, Traders Say
Foreign exchange traders have attributed the recent weakening of the naira to tight liquidity conditions in the currency market, compounded...
Gold Advances as Labor Data Fuels Expectations of Easier Monetary Policy
Gold prices moved higher on Wednesday as investors reacted to a U.S. employment report that suggested cooling conditions in the...
NGX Adds N3bn as Investors Trade Cautiously Amid Mixed Market Sentiment
The Nigerian Exchange Limited (NGX) ended the first trading session of the week slightly higher on Monday, adding about N3...
Inflation Slows to 14.45% in November 2025, Surpasses Government Target
Nigeria’s headline inflation rate declined to 14.45 percent in November 2025, easing from the 16.05 percent recorded in October and...
Naira Closes Week Slightly Weaker at N1,455.50 Amid Strong Reserves Buildup
The Nigerian Naira ended the trading week on a marginally softer note, depreciating to N1,455.50 per US dollar at the...
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...
Popular Story
FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
Naira Slips to N1,420 per Dollar in Parallel Market as Official Rate Edges Higher
Nigeria’s Foreign Reserves Hit $51.86 Billion, Highest in 17 Years
CBN Raises N1.19 Trillion at July 15 Treasury Bills Auction
Russian Inflation at Five-Year Peak Boosts Chances for Rate Hike
