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...
Bears Take Control as NGX Sheds N1.40 Trillion in Final Week of February
The Nigerian Exchange Limited (NGX) closed the last week of February 2026 on a decisively bearish note, with sustained selling...
Domestic Dollar Bond Interest Payments Reach N140.29 Billion in First Nine Months of 2025
Nigeria incurred N140.29 billion in interest payments on its domestic US dollar-denominated bonds between January and September 2025, according to...
US Dollar Slides to One-Week Low Amid Escalating Geopolitical Risks and Trade Uncertainty
The US dollar weakened to its lowest level in a week on February 26, 2026, as investors scaled back positions...
NGX Bearish Streak Deepens as Profit-Taking Erases N514 Billion from Market Value
The Nigerian Exchange Limited (NGX) extended its downward slide on Thursday, February 26, 2026, with intensified selling pressure erasing N514...
CBN Cuts Benchmark Rate by 50bps to 26.5% in Measured Easing Move
The Central Bank of Nigeria (CBN) reduced its Monetary Policy Rate (MPR) by 50 basis points to 26.5% on February...
NGX Closes Lower as Profit-Taking in Banking and Insurance Weighs on Market
The Nigerian Exchange Limited (NGX) extended its bearish session on Wednesday, February 25, 2026, with the benchmark All-Share Index dipping...
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