China’s Exports to Nigeria Hit Record $24.9 Billion in 2025, Widening Trade Imbalance
Bilateral trade between China and Nigeria reached new heights in 2025, with Chinese exports to Africa's most populous nation surging...
CBN Reforms Push Reserves to 13-Year High of $50.45bn.
Nigeria's foreign exchange reforms under the Central Bank of Nigeria (CBN) are starting to deliver tangible results, pushing gross external...
Strong Investor Demand Fuels Oversubscribed Treasury Bills Auction as CBN Allots N1.01 Trillion
The Central Bank of Nigeria (CBN) saw robust appetite for government securities in its latest Treasury Bills Primary Market Auction...
CBN Pulls N13.41 Trillion Out of Banking System in January 2026 as Tightening Bites
In a clear sign of aggressive monetary tightening to start the year, Nigeria's Central Bank (CBN) drained a massive N13.41...
Naira Rebounds Month-on-Month in February as Reserves Hit 13-Year High.
Naira staged a notable comeback in February 2026, strengthening by approximately 4.13% against the US dollar despite efforts by the...
Naira Strengthens 4.31% in February Despite Late-Month CBN Intervention
Nigeria's naira posted a robust 4.31% appreciation against the US dollar in February 2026, defying Central Bank of Nigeria (CBN)...
Exchange Rate Gap Widens as Speculation and Dollar Scarcity Pressure Parallel Market
The disparity between Nigeria's official and parallel foreign exchange rates has widened noticeably in early March 2026, driven by heightened...
Dangote Refinery Raises Petrol Gantry Price to N874 per Litre as Crude Surges Past $80
Dangote Petroleum Refinery has increased its ex-depot (gantry) price of Premium Motor Spirit (PMS) to N874 per litre, up from...
Naira Holds Near N1,400 Amid Middle East Tensions and Record Reserves
The Nigerian naira maintained relative stability in early March 2026, trading close to the N1,400 per US dollar level in...
NGX Posts Stellar 16.60% Gain in February, Oil & Gas Sector Leads Broad Rally Toward 200,000 Milestone
The Nigerian Exchange Limited (NGX) delivered one of its strongest monthly performances in recent memory during February 2026, with the...
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