Money Market

The Nigerian naira has staged a remarkable recovery across all foreign exchange markets, appreciating significantly against major global currencies. This...

The Nigerian naira has recorded notable gains against the euro in the parallel market, trading at N1,690/€, compared to N1,852/€...

The Nigerian Foreign Exchange Market (NAFEM) recorded a significant increase in dollar trade volume, with turnover rising by 61.9% year-on-year...

In a significant financial development, Nigeria successfully raised $2.2 billion through its latest Eurobond auction. The funds, secured through the...

The daily average forex turnover on the FMDQ platform surged to $294 million in November, marking the highest figure recorded...

The Nigerian equity market recorded significant progress last week, with a gain of ₦77 billion pushing the total market capitalisation...

The Federal Government successfully secured over N346.155 billion during its November 2024 bond auction, marking a significant increase in allotments...

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...