Money Market

The naira experienced a sharp depreciation on Monday, dropping 2.31% to 1690.37/$ at the National Autonomous Foreign Exchange Market (NAFEM),...

The Nigerian Exchange Limited (NGX) concluded last week on a positive note, driven by strong bargain-hunting activity that helped offset...

Bilateral trade between Nigeria and China has surged to $15.1 billion from January to September 2024, marking a significant economic...

Fitch Solutions has projected that the Nigerian naira will continue its decline, potentially reaching N1,993 per US dollar by 2028....

Asian stock markets declined on Monday after China’s long-awaited economic support plan failed to meet investor expectations, while Bitcoin hit...

The Central Bank of Nigeria (CBN) recently released new guidelines allowing commercial, merchant, and non-interest banks more flexibility in managing...

Asian markets saw gains on Wednesday, while the dollar and bitcoin also climbed, as early results from the tightly contested...

Nigeria's net foreign exchange (forex) inflows surged by $17 billion in the second quarter of 2024, marking a 49.39% increase...

Nigerians reduced their personal loan debts significantly in the second quarter of 2024, repaying a total of N4.05 trillion and...

MTN Nigeria Communications Plc has announced plans to raise up to N50 billion through Series 11 and 12 commercial paper...