Naira Strengthens to N1,535/$ as Forex Reforms and Dollar Supply Boost Stability
The naira has shown significant strength, appreciating to N1,535 per dollar in the parallel market on July 29, 2025, from...
Nigerian Stock Market Soars Past N85 Trillion, Fueled by Q2 Earnings and Investor Optimism
The Nigerian Exchange Limited (NGX) has achieved a remarkable milestone, with market capitalization surging by N22.14 trillion in the first...
Nigerian Stock Market Surges as CBN Holds Rates and Q2 Earnings Impress
The Nigerian Exchange Limited (NGX) extended its bullish momentum last week, driven by the Central Bank of Nigeria’s (CBN) decision...
Nigeria’s E-Payment Transactions Soar to N284.9 Trillion in Q1 2025
Nigeria’s electronic payment transactions surged to N284.9 trillion in the first quarter of 2025, a 22% increase from N234.4 trillion...
CBN Urged to Bolster Gold Reserves and Embrace Crypto for Economic Stability
At the Comercio Partners H2 2025 Economic Outlook conference, financial experts urged the Central Bank of Nigeria (CBN) to expand...
Naira Declines to N1,537/$ in Official Market, Surpassing Parallel Market
The naira weakened slightly in the Nigerian Foreign Exchange Market (NFEM), falling to N1,537 per dollar from N1,536 per dollar...
NGX Ends Flat with N67 Billion Gain Amid Mixed Market Sentiment
The Nigerian Exchange Limited (NGX) concluded Wednesday’s trading session with a modest N67 billion increase in market capitalization, closing at...
Naira Stability Boosts Vehicle Imports with 1,350 Units Arriving at Tincan Port
The Nigerian Ports Authority (NPA) has reported the arrival of 1,350 vehicles at the Ports & Terminal Multipurpose Limited (PTML)...
CBN Maintains Interest Rates at 27.5% for Seventh Consecutive Meeting
The Central Bank of Nigeria (CBN) has decided to keep the Monetary Policy Rate (MPR) steady at 27.5%, marking the...
High Interest Rates Outweigh Insecurity, Power Issues as Top Business Concern – CBN
High interest rates have emerged as the foremost challenge for Nigerian businesses, surpassing insecurity and power shortages, according to the...
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Kenyan President William Ruto Urges African Nations to Move Away from US Dollar for Intra-African Trade.
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IMF Refuses to Endorse External or Domestic Borrowing for Nigeria.
