Category: Finance

PenCom allows PFAs to invest in foreign currency instruments

The National Pension Commission has released the ‘Guidelines on Foreign Currency Pension Contributions,’ allowing Pension...

PenCom to pilot health insurance for retirees

The National Pension Commission has announced plans to pilot health insurance coverage for retirees within...

Naira appreciates to N1,518 in parallel market

The Naira on Tuesday appreciated to N1,518 per dollar in the parallel market from N1,520...

Naira appreciates, trades N1,530 at parallel market

The Naira has appreciated in value against the dollar in both the parallel market and...

Nigeria secures $10bn in external loans in two years

The Federal Government has secured external loans worth over $10 billion in the last two...

CBN increases dollar sales to stabilize FX market

The Central Bank of Nigeria has increased its dollar sales to stabilize the foreign exchange...

FAAC shares N2.225trn August revenue among FG, states, LGs

The Federation Account Allocation Committee has announced that the Federal Government, states, and Local Government...

Naira falls to N1,537/$ in parallel market

The Naira experienced a depreciation in value against the United States dollar, both in the...

CBN reiterates commitment to financial inclusiveness, productivity

The Central Bank of Nigeria has reiterated its unwavering commitment to financial inclusiveness and stimulating...

Naira stability expected to persist over medium term — MPC members

The naira’s stability is expected to persist over the medium term as speculative activities continue...

Naira appreciates against dollar, trades below ₦1,500

The Nigerian naira on Monday appreciated against the United States dollar, trading below the ₦1,500/$...

Nigerian stock market rebounds with N986bn weekly gain

The Nigerian stock market rebounded last week, as investors’ portfolio value increased by over N986...