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...
Nigeria’s Rebased GDP Reaches N372.82 Trillion in 2024, NBS Reports
Nigeria’s Gross Domestic Product (GDP) soared to N372.82 trillion in 2024, according to the National Bureau of Statistics (NBS) in...
Nigerian Stock Market Rises as Investors Gain N3.4 Trillion
The Nigerian stock market maintained its upward momentum last week, delivering a N3.4 trillion gain for investors despite a shortened...
Naira Weakens to 1,532.34/$ Despite CBN Efforts to Stabilize Currency
The Nigerian naira closed weaker last week, depreciating by 0.14% to settle at 1,532.34/$ at the Nigerian Foreign Exchange Market...
Naira Weakens to N1,560/$1 Ahead of CBN’s 301st MPC Meeting
The Nigerian naira depreciated to N1,560/$1 in the parallel market on July 17, 2025, down from N1,555/$1 earlier this week,...
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