Money Market News
US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge
The US dollar weakened significantly this week, retreating from recent multi-month highs as escalating energy prices and shifting global monetary...
Read moreNGX Market Cap Dips Below N130 Trillion as Profit-Taking Takes Hold
The Nigerian Exchange Limited (NGX) witnessed a mild retreat on Wednesday, March 18, 2026, with the All-Share Index declining 0.69%...
Read moreCBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion
The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18,...
Read moreNigeria’s Current Account Surplus Plunges 65% to $1.4 Billion in Q4 2025
Nigeria recorded a sharp contraction in its current account surplus during the fourth quarter of 2025, falling 65.52% to $1.40...
Read moreNigerian Stock Market Surges to New Heights as ASI Crosses 202,000 Points
The Nigerian Exchange (NGX) continued its impressive bullish run on Tuesday, with the All-Share Index (ASI) climbing 0.54% to close...
Read moreNaira Strengthens to N1,355/$ on Monday, Marking Strongest Level in Four Weeks
The Nigerian naira extended its recent recovery in the official foreign exchange market, closing at N1,355 per US dollar on...
Read moreCash Outside Banks Drops N198bn in January as Money Supply Contracts
Currency held outside Nigeria’s banking system fell sharply by N197.68 billion in January 2026, declining to N5.21 trillion from N5.41...
Read moreBrent Crude Surges Past $105 as Iran Conflict Enters Third Week, Heightening Global Supply Fears
Brent crude futures climbed to $105.15 per barrel in late trading on Monday, up nearly 2% for the day, as...
Read moreUber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike
Nigeria Earns $31.54 Billion from Crude Oil Exports in 2025 Amid Production Shortfalls
NGX Records 8.76 Billion Shares Traded in Three-Day Week as ICT Sector Dominates Activity
US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge
CBN Signals Path to Single-Digit Inflation with Shift to Inflation-Targeting Framework








