Money Market

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...

Bitcoin surged past the critical $71,000 resistance level early Wednesday morning, marking a significant milestone in its recent bullish trajectory....

The Nigerian naira demonstrated stability across various foreign exchange (FX) markets on Tuesday, despite a significant surge in dollar sales...

In a significant financial development, First Bank has successfully recovered a substantial N456 billion loan from Heritage Bank. This repayment...

Nigeria may have lost approximately N148.8 billion in oil revenue on Monday due to an industrial action by the Organised...

International credit rating agency Fitch Ratings has forecasted that the Nigerian currency, the naira, will end the year at 1,450...

The Nigerian Exchange (NGX) witnessed a tumultuous trading day on Monday, as investors grappled with losses amounting to N102 billion....

Nigeria’s foreign exchange reserves have been caught in a downward spiral, raising alarm bells among economists and policymakers. The Central...

On the 4th of June 2024, the Nigerian Deposit Insurance Commission (NDIC) has initiated the refund process for the failed...