Naira Weakens Slightly to N1,533.67/$ as External Reserves Grow
The naira opened the week on a softer note, trading at N1,533.67 per dollar at the Nigerian Foreign Exchange Market...
Banking Stocks Poised for Gains as Nigeria’s Inflation Eases and Rate Cut Looms
Nigeria’s banking sector is set to capitalize on easing inflation and expectations of a Monetary Policy Rate (MPR) cut, with...
FIRS Warns Taxpayers Against Concealing Transactions in New E-Invoicing System
The Federal Inland Revenue Service (FIRS) has cautioned taxpayers against hiding transactions under its newly launched National E-Invoicing Solution (Merchant-Buyer...
Naira Weakens to N1,560/$1 as Forex Traders Cite Diversion and Demand Pressures
The naira depreciated to N1,560/$1 in the parallel market by mid-August 2025, down from N1,540/$1 at July’s end, widening the...
High Interest Rates Squeeze Nigerian Corporates, Raising Costs Despite Lower Debt
Nigeria’s leading listed companies are facing a financial bind, with sharply rising interest expenses despite efforts to reduce debt, driven...
CBN Fair Promotes Financial Inclusion Through Alternative Payment Channels
The Central Bank of Nigeria (CBN) hosted its inaugural financial services fair in Lagos, emphasizing the adoption of alternative payment...
NGX Dips 0.13% as Market Capitalization Falls by N121 Billion
The Nigerian Exchange (NGX) ended Wednesday’s trading session in the red, marking its second decline in August 2025, with the...
World Bank Approves $300M Loan to Support Nigeria’s IDPs and Host Communities
The World Bank has greenlit a $300 million loan to bolster resilience and improve access to essential services for approximately...
NGX Sees Banking, Consumer Goods Indices Soar Beyond 40% in 2025
The Nigerian Exchange Limited (NGX) kicked off the week with a bullish performance, driven by robust gains in the banking...
Top 10 Best-Performing Insurance Stocks in Nigeria for 2025
The Nigerian insurance sector has emerged as a standout performer in 2025, with the NGX Insurance Index soaring 74.18% year-to-date,...
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