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,...
Is This the Most Detty December for the Naira?
Ah, Detty December. That glorious time of year when the Harmattan wind starts whispering promises of owambe parties, asoebi outfits...
CBN’s Cash Limit Revisions Fuel Naira Flow Chaos, Drawing Outrage from Businesses and Experts
In a move hailed by some as a pragmatic thaw but decried by many as a reckless gamble, the Central...
CBN Tightens Cash Withdrawal Limits, Scraps High-Value Special Permits from January 2026
The Central Bank of Nigeria (CBN) has announced a major overhaul of nationwide cash withdrawal rules, abolishing the special monthly...
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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
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31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
