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 ...
Tag: Naira
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 ...
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 ...
Nigeria’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 ...
Naira 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 ...
