Money Market
Naira Strengthens as FX Turnover Hits Record $1.5 Billion in a Single Day
The Nigerian naira posted gains against the US dollar on Tuesday, July 21, 2026, as the foreign exchange market recorded...
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Naira Strengthens to N1,375/$ in Official Market Amid Improved Trading Conditions
The naira appreciated against the US dollar on Tuesday, July 21, 2026, closing at N1,375.3083 per dollar in the official...
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CBN Repays N2.97 Trillion in Maturing OMO Bills After Raising N2.54 Trillion in Fresh Auction
The Central Bank of Nigeria (CBN) repaid N2.97 trillion in Open Market Operations (OMO) bills that matured on Tuesday, July...
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NGX Rebounds with N719 Billion Gain as FirstHoldCo and MTN Nigeria Spark Recovery
The Nigerian equities market reversed two consecutive sessions of losses on Tuesday, adding N719 billion to total market capitalisation as...
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Naira Remains Steady at N1,382/$ in Official Market While Parallel Rate Gap Widens
The Nigerian naira traded with little movement in the official foreign exchange market on Monday, closing at N1,382.33 per US...
Read moreCBN Raises N1.06 Trillion at July 8 Treasury Bills Auction, Lifts One-Year Rate to 17.70%
The Central Bank of Nigeria (CBN) successfully raised N1.06 trillion through its Treasury Bills auction on Wednesday, July 8, 2026,...
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Nigeria’s $51 Billion Reserves at Risk from Volatile Capital and Oil Reliance – EBC
Global financial services firm EBC Financial Group has warned that Nigeria’s foreign reserves, which recently surpassed the $51 billion mark,...
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FX Market Turnover Surges to $3.05 Billion, Highest in Three Months
Nigeria’s foreign exchange market posted its strongest weekly performance in over three months, with total turnover reaching $3.053 billion in...
Read moreNaira Maintains Stability Around N1,370 as Reserves Climb
The Nigerian naira has demonstrated remarkable resilience in 2026, trading within a relatively narrow range and holding steady around N1,370...
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FX Market Liquidity Strengthens Significantly as Daily Turnover Nears $1 Billion
Nigeria’s foreign exchange market experienced a substantial boost in activity during the first half of 2026, with daily trading volumes...
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Popular Story
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Cash Outside Banks Falls by N486 Billion to Seven-Month Low
Nigeria’s Foreign Exchange Inflow Hits $91b In 2017 – CBN
Africa Exchange Holdings (AFEX) raises $50 million to Finance Agri-SMEs in Nigeria
Veiw Points On Banks Borrowing From CBN
