Money Market
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...
Read more
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...
Read more
Consumer Goods Sell-Off Wipes N1.76 Trillion Off NGX as ASI Falls 1.12%
The Nigerian equities market extended its decline on Wednesday, August 12, 2026, as heavy selling in consumer goods stocks erased...
Read more
NGX Closes Week Higher at 245,573 Points as Banking Stocks Rally
The Nigerian equities market ended the week of Friday, 7 August 2026, in positive territory, supported by strong buying interest...
Read more
CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal
The Central Bank of Nigeria has shelved a planned N700 billion treasury bills auction scheduled for 5 August 2026, after...
Read more
Nigerian Equities Lose N599 Billion as Nestlé and First HoldCo Weigh on Market
The Nigerian equities market reversed Monday’s gains on Tuesday, shedding approximately N599 billion in market capitalisation as investors took profits...
Read moreNGX All-Share Index Rebounds 6.92% in July as Two Stocks Surge Over 100%
The Nigerian equities market staged a strong recovery in July 2026, with the NGX All-Share Index rising 6.92% month-on-month to...
Read moreNGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion
The Nigerian equities market suffered another heavy blow on Thursday, July 30, 2026, shedding N1.005 trillion in market capitalisation and...
Read more
Nigeria’s FX Market Hits Record $4.4 Billion Weekly Turnover
Nigeria’s foreign exchange market recorded its highest weekly turnover of 2026, with total transactions in the FX Spot and Derivatives...
Read more
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...
Read more
Popular Story
Unveiling Nigeria’s Methodology Shift: A New Perspective on Unemployment
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
SEC Approves International Breweries’ N588 Billion Rights Issue
Nigeria Posts N12.60 Trillion Trade Surplus in Q2 2026 as Exports Outpace Imports
Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing
