Naira Strengthens to N1,600 Against Dollar in Parallel Market
The Nigerian naira saw a modest boost on Monday, climbing to N1,600 per dollar in the parallel market, an improvement...
Nigeria’s DMO Rolls Out May 2025 Savings Bonds with Rates Up to 17.173%
The Debt Management Office (DMO) has announced the latest offering of the Federal Government of Nigeria’s (FGN) Savings Bonds, available...
CBN’s Naira Printing Costs Surge by 306% Amid Ongoing Cash Crisis
The Central Bank of Nigeria (CBN) spent a staggering N315.18 billion on currency management in 2024, marking a 306%...
Nigeria Faces Economic Strain as Oil Prices Slide Below $60
Nigeria is bracing for renewed financial challenges as global oil prices drop sharply, slipping beneath the $60 per barrel mark....
CBN Slaps Paystack with ₦250 Million Fine Over Zap Operations
Nigeria’s Central Bank has imposed a ₦250 million fine on leading fintech firm Paystack, citing regulatory breaches tied to its...
Nigeria Set to Clear IMF Loan by 2029 Amid Economic Reforms
Nigeria is on track to fully repay its $3.32 billion loan from the International Monetary Fund (IMF) by 2029, according...
Naira Falls to N1,602/$1 at Official Market Amid Forex Scarcity
The naira weakened further on Tuesday, April 29, 2025, closing at N1,602.02 per dollar at the official Nigerian Foreign Exchange...
International Breweries, Cadbury Power N228bn Surge in Nigerian Stock Market
The Nigerian stock market sustained its bullish trend on Monday, driven by notable gains in shares of International Breweries, Cadbury...
FIRS orders banks to close unauthorised tax collection accounts
The Federal Inland Revenue Service (FIRS) has directed all Nigerian banks to immediately shut down any tax collection accounts that...
Stock Market Adds N342 Billion on Strong Buying Interest
The Nigerian stock market continued its upward trajectory on Wednesday, with a gain of N342 billion driven by increased investor...
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