Category: Finance

Naira weakens to ₦1,387/$ in parallel FX market as margin narrows

The Naira on Thursday depreciated to N1,387 per United States dollar in the parallel market...

FG releases 50% of 2025 scholarship arrears to Nigerian students abroad

The Federal Government has started releasing 50 per cent of outstanding 2025 Bilateral Education Agreement...

CBN retains MPR rate at 26.5% amid rising inflation

The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the...

Naira records mixed performance against dollar across FX markets

The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May...

SEC announces shift to T+1 settlement cycle for Nigerian capital market

The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for...

CBN offers ₦650bn treasury bills auction on Wednesday

The Central Bank of Nigeria is offering N650 billion for auction at the Nigerian Treasury...

Naira depreciates slightly against dollar at official, parallel FX markets

The naira recorded a slight depreciation against the United States dollar across both the official...

Nigeria’s diaspora remittances stabilise at $21.8bn in 2025

Diaspora remittances into Nigeria stabilised at $21.8 billion in 2025 despite mounting global economic pressures,...

DMO auctions ₦600bn bonds with yield up to 22.60%

The Debt Management Office Nigeria is auctioning N600 billion today, Monday May 18, 2026, reopened...

Nigerian stock market gains ₦3.34trn in bullish week

The Nigerian stock market extended its bullish run last week, as investors reaped N3.34 trillion...

Naira shows slight fluctuations against US dollar in FX markets

The naira traded with slight fluctuations against the United States dollar across the official and...

Nigeria’s manufactured exports share stagnates amid rising total exports

The contribution of manufactured goods to Nigeria’s export basket has stagnated for four consecutive years...