Naira Weakens to N1,456.72/$ in Official Market as Dollar Demand Outpaces Supply
The naira ended the week on a softer note, depreciating by nearly 1% against the U.S. dollar in the official...
CBN Borrows N17.6 Trillion, Repays N14.7 Trillion Through Treasury Auctions
The Central Bank of Nigeria (CBN) raised a total of N17.59 trillion through fresh issuances of Treasury bills and federal...
Banks Report Rising Defaults on Secured Loans Despite Easier Credit Access – CBN
A new Central Bank of Nigeria (CBN) survey has revealed an unexpected trend in the third quarter of 2025: banks...
CBN Declares Zuldal Microfinance Bank Unlicensed, Urges Public to Steer Clear
The Central Bank of Nigeria (CBN) has officially declared Zuldal Microfinance Bank Limited an illegal entity, stating that it has...
NGX Takes a Breather After Record-Breaking Run: N7 Trillion Wiped Off in November
After one of the most explosive rallies in its history, the Nigerian equities market has finally hit a speed bump....
Naira Edges Higher to N1,447.43/$1 at NAFEM Amid Rising Reserves
The Nigerian naira posted a modest appreciation of 0.04 per cent against the US dollar in the official Nigerian Autonomous...
Nigeria’s Pension Assets Hit Record N26.09tn, Driven by Heavy Bet on FGN Securities
Nigeria’s Contributory Pension Scheme has recorded its strongest annual growth in years, with total assets under management jumping 22% to...
Nigeria’s Top-Tier Companies Remit N2.55 Trillion in Income Tax in Nine Months
Nigeria’s largest publicly listed companies, collectively known as SWOOTs (Stocks Worth Over One Trillion Naira), paid a combined N2.55 trillion...
Nigeria’s Headline Inflation Falls to 16.05% in October 2025, Lowest in Over a Decade
Nigeria recorded a sharp slowdown in price growth in October, with the country’s headline inflation rate dropping to 16.05% year-on-year,...
Nigerian Bourse Dips 1.7% Amid CGT Hike Fears, Rebounds on Finance Minister’s Pledge
The Nigerian equities market posted a 1.7 percent weekly loss as major fund managers offloaded holdings in response to proposed...
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Naira Depreciates to N1,385/$ in Parallel Market Amid Tight Dollar Supply
