Money Market News
Nigeria’s External Reserves Drop by $855 Million in Five Weeks
Nigeria’s foreign exchange reserves have come under fresh pressure, declining by approximately $855 million over a five-week period, according to...
Read moreNigeria’s FX Market Turnover Hits $10 Billion in April as Naira Strengthens
Nigeria’s foreign exchange market recorded improved liquidity in April 2026, with total turnover reaching $10 billion, according to data from...
Read moreDangote Cement Eyes London Stock Exchange Listing Before End of 2026
Africa’s largest cement producer, Dangote Cement Plc, is preparing for a secondary listing on the London Stock Exchange (LSE) later...
Read moreNigeria’s Fixed Income Market Set for Massive N10.53 Trillion Liquidity Inflow in May
Nigeria’s money market is expected to experience a significant surge in liquidity this month, with the Financial Markets Dealers Association...
Read moreNaira Strengthens Further Against US Dollar, Approaches N1,350 Level
The Nigerian naira continued its recent recovery against the US dollar in the official foreign exchange market on Wednesday, driven...
Read moreBanks Post Record N26.3 Trillion Revenue in 2025, But Profits Decline on Loan Provisions
Nigeria’s top commercial banks achieved strong top-line growth in 2025, driven by elevated interest rates, but after-tax profits came under...
Read moreNGX Market Capitalisation Drops N1.35 Trillion as Profit-Taking Triggers 0.86% Decline
The Nigerian Exchange (NGX) came under significant selling pressure on Tuesday, May 6, 2026, as investors booked profits on major...
Read moreNigeria’s Average Petrol Price Rises to N1,288.54 in March 2026, Anambra Pays Highest
The average retail price of Premium Motor Spirit (PMS) across Nigeria increased to N1,288.54 per litre in March 2026, according...
Read more31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Shocking: “Undress” An AI Tool That Unveils Digital Representations of Individuals Without Clothing
Dangote Cement Eyes London Stock Exchange Listing Before End of 2026
How an Average Nigerian can invest in Government Bonds or Treasury Bills
Declining reserves, rising inflation to dominate MPC considerations








