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...
Nigeria Ranks 116th in 2025 Good Governance Index, Falls Short of Africa’s Top Five
Nigeria has been ranked 116th out of 180 countries in the 2025 Chandler Good Government Index (CGGI), highlighting persistent governance...
CBN Mandates ISO 20022 Compliance and Terminal Geo-Tagging by October 31
The Central Bank of Nigeria (CBN) has set an October 31, 2025, deadline for all payment ecosystem participants, including Deposit...
Julius Berger, Cutix Drive N285 Billion NGX Market Surge
The Nigerian Exchange (NGX) kicked off the week on a high, with equities gaining N285 billion in market capitalization, fueled...
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