Money Market News
Naira Records Modest Decline at Official Market, Remains Stable in Parallel Market
The Nigerian naira weakened slightly against the US dollar in the official foreign exchange market on Thursday, dropping by N1.49...
Read moreFMDQ Turnover Hits $180.85 Billion as Trading Volume Surge
The FMDQ Securities Exchange recorded a remarkable performance as total market turnover reached $180.85 billion, driven by a sharp increase...
Read moreCBN Denies Heavy Intervention in FX Market, Highlights Minimal Participation
The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting that its...
Read moreAccess Bank Has Strong FX Liquidity to Service $1bn Debt Maturity – Fitch Ratings
Fitch Ratings has affirmed that Access Bank Plc maintains sufficient foreign currency liquidity to comfortably meet its upcoming $1 billion...
Read moreNaira Depreciates 0.7% in Official Market Amid Persistent Forex Pressure
The Nigerian naira came under renewed pressure last week, weakening by 0.7% in the official foreign exchange market to close...
Read moreHighest Yields of 2026 Delivered in Q1 as 364-Day T-Bill Hits 18.47%
Nigeria’s fixed-income market offered some of the most attractive returns in recent years during the first quarter of 2026, before...
Read moreCBN Unveils Revised Foreign Exchange Manual, Set to Take Effect June 1
The Central Bank of Nigeria (CBN) has officially launched the fourth edition of its Foreign Exchange Manual, introducing updated guidelines...
Read moreDangote Rejects NNPC Bid to Increase Stake in Refinery, Eyes Public Listing
Aliko Dangote, President of the Dangote Group, has turned down a request by the Nigerian National Petroleum Company Limited (NNPC)...
Read moreDangote Refinery Lowers Petrol Price to N1,252 per Litre in Response to Depot Competition
ETF Turnover Drops to N3.67 Billion in May Despite Widespread Price Gains
CBN Releases New Foreign Exchange Manual, Grants Easier Access to Domiciliary Accounts
First HoldCo Assures Shareholders of Dividend Resumption by End of 2026
Bad Loans Climb to 8.03% Following End of CBN Forbearance








