Money Market News
Naira Strengthens to N1,355/$ as Fragile US-Iran Ceasefire Eases Dollar Pressure
The Nigerian naira posted a notable gain against the US dollar on Friday, closing at N1,355.25 in the official foreign...
Read moreStock Market Maintains Bullish Run as Investors Gain N1.36 Trillion in Four Days
The Nigerian equities market sustained its upward momentum last week, with investors recording gains of N1.359 trillion as strong institutional...
Read moreCentral Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive
Central banks worldwide are stepping up their gold-buying activities at a notable pace, with emerging market giants China and India...
Read moreUS 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 moreWorld Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
US Dollar Weakens as Fragile Ceasefire Between US and Iran Fuels Market Uncertainty
NNPCL Reports 4.24% Revenue Growth to N2.68 Trillion in February Despite Iran War
World Bank Downgrades Nigeria’s 2026 Growth Forecast to 4.1%
Stock Market Maintains Bullish Run as Investors Gain N1.36 Trillion in Four Days








