Money Market
SEC Proposes N3 Billion Minimum Capital for Forex Brokers, N5 Billion for Trading Platforms
The Securities and Exchange Commission has proposed a new regulatory framework for online forex trading and Contracts for Difference, setting...
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Dollar Strengthens on Rate-Hike Bets as Yen Slips Past 160
The US dollar advanced on Tuesday as renewed attacks in the Gulf sparked a global bond selloff and revived inflation...
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Official FX Turnover Drops 48.7% to $2.71 Billion in One Week
Foreign exchange turnover at Nigeria’s official market fell sharply by 48.7 per cent week-on-week to $2.71 billion in the week...
Read moreNaira Holds Near Flat in Parallel Market as Official FX Turnover Rises to $1.06 Billion
The naira traded at N1,400 to the dollar in the parallel market on Friday, softening by N3 from the N1,397...
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CBN Lowers 364-Day T-Bill Rate to 17.15% Despite N3.63 Trillion in Bids
The Central Bank of Nigeria reduced the stop rate on the 364-day treasury bill by 44 basis points to 17.15...
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CBN Offers N700 Billion Treasury Bills in Second and Final August Auction
The Central Bank of Nigeria, acting on behalf of the Debt Management Office, is offering N700 billion in Nigerian Treasury...
Read moreNAFEM Turnover Climbs to $1.41 Billion, Highest Level in Five Weeks
Turnover on the Nigerian Foreign Exchange Market rose sharply to $1.41 billion on August 17, 2026, reaching its highest level...
Read moreCBN Reopens OMO Market to Retail Investors, Raising Pressure on Weak Equities
The Central Bank of Nigeria has reopened its Open Market Operations securities to retail and corporate investors, a step that...
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EFCC Facilitates $60 Million Nestoil Debt Payment to Creditor Consortium
The Economic and Financial Crimes Commission has facilitated the recovery of $60 million from Nestoil Limited, with the funds paid...
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CBN Raises 364-Day T-Bill Rate to 17.59% Despite N4.4 Trillion in Bids
The Central Bank of Nigeria increased the stop rate on its benchmark 364-day Treasury Bill to 17.59 per cent at...
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Popular Story
Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply
Ways and Means Debt Records First Drop as Moratorium Ends
Court Hits 21 Unlicensed Investment Firms with N30 Million Fines Each
Banks Hold Off on Lowering Loan Rates Nearly a Week After CBN’s 350-Point Cut
Help Keep Knowledge Free: Wikipedia Launches Urgent Appeal for Support
