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 ...
Tag: Naira
CBN Raises FX Remittance Limit for Nigerian Students Abroad to $25,000 per Semester
The Central Bank of Nigeria (CBN) has significantly increased the amount of foreign exchange Nigerian students can remit for tuition ...
CBN Aims to Bring N2.83 Trillion Cash Back into Banking System by 2028
The Central Bank of Nigeria (CBN) has announced plans to significantly reduce the amount of cash circulating outside the formal ...
FMDQ 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 ...
Naira 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 ...
Highest 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 ...
CBN 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 ...
Equities Market Hits Fresh All-Time High as Bulls Maintain Dominance
The Nigerian equities market continued its impressive run on Wednesday, setting a new record high as strong buying interest in ...
CBN Cautions Non-Interest Banks Against Governance and Compliance Weaknesses
The Central Bank of Nigeria (CBN) has issued a strong warning to non-interest financial institutions to strengthen their governance and ...
Naira Strengthens Sharply, Breaches N1,400 Mark as Forex Inflows Surge
The Nigerian naira has delivered one of its strongest performances in recent months, breaking below the key psychological level of ...
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Naira Records Modest Decline at Official Market, Remains Stable in Parallel Market
CBN Raises FX Remittance Limit for Nigerian Students Abroad to $25,000 per Semester
Dangote revives Peugeot in Nigeria as auto assembly restarts in Kaduna
FG Debt Repayments Overshoot 2025 Budget Allocation by N1.9 Trillion
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows