Naira Holds Firm Against Dollar, Closes February Strong Amid CBN Interventions
The Nigerian naira demonstrated resilience in February 2025, closing the month with an 8.5% gain on the parallel market, settling...
CBN Calls on Nigerian Banks to Adopt Global Standards to Combat Illicit Financial Flows
In a bid to strengthen the integrity of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has urged financial...
Nestlé Nigeria Repays $20 Million Forex Debt Ahead of Schedule
Nestlé Nigeria Plc has announced the early repayment of $20 million in inter-group foreign exchange debt, a move aimed at...
Federal Government Pushes for NNPCL, Dangote Refinery to List on Nigerian Exchange
The Federal Government has reaffirmed its commitment to deepening Nigeria’s capital market by encouraging major state-owned and private enterprises, including...
Concerns Mount as Forex Reserves Drop $2.3 Billion Amid Naira Gains
The Nigerian naira has continued to strengthen in recent weeks, supported by foreign exchange reforms implemented by the Central Bank...
Nigeria’s Net Domestic Credit Drops to N99.4 Trillion in January 2025, CBN Reports
Nigeria’s net domestic credit experienced a significant decline, falling to N99.41 trillion in January 2025, according to the latest Money...
Equity Trading on Nigerian Exchange Drops to N535 Billion as Domestic Transactions Decline
Total equity trading on the Nigerian Exchange Limited (NGX) fell by 9.89% to N607.05 billion in January 2025, down from...
Federal Government Bond Auction Sees N1.63 Trillion in Subscriptions
The Federal Government of Nigeria’s bond auction for February 2025 witnessed a remarkable surge in investor interest, with total subscriptions...
DMO Auctions N350 Billion Federal Government Savings Bonds for February
The Debt Management Office (DMO) has announced the reissuance of N350 billion worth of Federal Government of Nigeria (FGN) Savings...
Federal Government Aims to Raise N350 Billion in February 2025 Bond Auction
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), has announced plans to raise N350 billion in...
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