Category: Finance

PenCom recovers N32.27bn from pension defaulting employers

The National Pension Commission has announced that it has recovered a cumulative total of ₦32.27...

NGX, SEC earn billions despite worst-ever N6.5tr investor loss

The Nigerian Stock Exchange and the Securities and Exchange Commission each earned a total commission...

New tax laws will be fair, respect personal accounts – FG

The Federal Government has reassured Nigerians and investors that the implementation of the newly enacted...

SEC approves commercial paper listing, boosts NGX debt market

Nigerian Exchange Limited has introduced Commercial Paper listings, following approval from the Securities and Exchange...

Financial sector GDP contribution drops 15% in nine months

Banks, insurance, and other financial institutions’ contribution to the economy fell by 15 per cent...

Naira holds steady as external reserves hit $44.56bn

The exchange rate between the United States Dollar and the Nigerian Naira remained stable on...

Naira stabilises at ₦1,445 official rate against US dollar

The Naira showed resilience against the United States Dollar in early trading on Thursday, December...

Naira gains 6.68% against pound year-on-year after FX reforms

The British Pound Sterling recorded marginal movements against the Nigerian Naira on Thursday, December 4,...

Naira gains in parallel market

The Naira experienced mixed fortunes in the foreign exchange markets on Monday. In the parallel...

TIN mandatory for business not personal accounts – Oyedele

Tax Identification Numbers are not required for strictly personal bank accounts under Nigeria’s new tax...

Nigeria records 428% surge in foreign capital inflows

Nigeria recorded a significant surge in foreign capital inflows in 2025, receiving $20.98 billion in...

Naira gains as foreign capital inflows hit record $21bn

The naira concluded the week with a gain of N7.10 in the official foreign exchange...