Money Market

The Value Added Tax (VAT) collected in Nigeria saw a significant increase in the first quarter of 2024, rising by...

The Nigerian Stock Exchange (NGX) witnessed notable movements today with TotalEnergies Marketing and Presco leading the gains, but the overall...

The naira exhibited signs of moderate stability as foreign exchange (FX) turnover on the Nigerian Autonomous Foreign Exchange Market (NAFEM)...

The African Export-Import Bank (Afreximbank) has announced a pivotal $40 million disbursement through its Intra-African Investment Facility to bolster Fidelity...

Nigeria has experienced a substantial increase in its foreign debt servicing expenditures, escalating by 96% year-on-year, according to recent data...

The Nigerian foreign exchange (FX) market experienced a significant downturn on Monday, with turnover plummeting by 39.95%. The drop saw...

The Nigerian naira has demonstrated resilience in the face of European political turmoil, gaining ground against the euro in the...

The Nigerian Exchange (NGX) closed the first week of June on a broadly negative note, with the market experiencing a...

Exchange rate gains have significantly contributed to the Federation Account Allocation Committee (FAAC) disbursements over the past year, rising from...

Pan-African pay-TV operator Multichoice has reported significant financial challenges, revealing a $190.5 million (R3.6 billion) foreign exchange loss from its...