Nigerian Exchange Starts Week with N263 Billion Market Gain
The Nigerian Exchange (NGX) kicked off the new trading week with a robust N263 billion increase in market capitalization, reaching...
CBN Establishes New Compliance Department to Tackle Financial Risks
On September 5, 2025, the Central Bank of Nigeria (CBN) unveiled its newly formed Compliance Department, a pivotal move to...
Nigeria’s Marketing Industry Witnesses Investment Surge in 2025
Nigeria’s marketing sector is experiencing a cautious resurgence in foreign investment, with a cumulative inflow of $26.39 million since 2023,...
Gold Hits Record Highs as Nigeria Intensifies Crackdown on Illegal Mining
Gold prices soared to unprecedented levels, reaching $3,535 per ounce before settling near $3,530 in London, as Nigeria escalated its...
Naira Stabilizes as Chinese Traders Embrace Yuan Transactions, P2P Platforms Gain Traction
The naira has maintained relative stability in recent weeks, driven by Nigeria’s currency swap agreement with China and the rise...
NGX Suspends Trading of Three Insurance Firms for Delayed 2024 Audits
The Nigerian Exchange Limited (NGX) has halted trading in the shares of three insurance companies—Regency Alliance Insurance Plc, International Energy...
Top Nigerian Stocks Shine in August 2025 Despite Market Slowdown
The Nigerian stock market closed August with a modest 0.31% gain, as tracked by the All-Share Index (ASI), which rose...
Naira Gains Stability as Chinese Traders Accept Yuan, Boosted by P2P Forex
The naira’s recent stability in the foreign exchange market is being driven by Nigeria’s currency swap agreement with China, allowing...
Naira Rebound Driven by Oil, Remittances, and FX Backlog Clearance, Says FG
Nigeria’s naira has staged a remarkable recovery, gaining 15.28% to reach N1,525 per dollar by August 2025, up from a...
Nigerian Exchange Loses N439 Billion as Bearish Sentiment Persists
The Nigerian Exchange Limited (NGX) ended the week with a significant loss, shedding N439 billion in market capitalization as bearish...
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