Category: Finance

W’Bank to review Nigeria’s $1bn loan application Dec 16

The World Bank has fixed December 16 as a tentative approval date for a fresh...

Nigeria’s money supply falls to ₦118trn amid CBN tightening

Nigeria’s money supply fell month-on-month to about ₦118 trillion in September 2025, down from ₦119.7...

CBN refutes report of $1.26bn forex allocation for fuel import

The Central Bank of Nigeria has refuted a report claiming that it allocated $1.269 billion...

Naira appreciates to ₦1,487/$1 in parallel market

The Naira on Tuesday appreciated to ₦1,487 per dollar in the parallel market, up from...

Cross River proposes ₦780.59bn budget for inclusive growth

Cross River State Governor, Senator Bassey Edet Otu, has proposed a total budget size of...

Lagos’ ₦3.355trn 2025 budget hits 80% performance – Omotosho

The Lagos State Government has announced that its ₦3.366 trillion 2025 budget has achieved an...

Naira sells at ₦1,460/$ on official market

The Naira held near mid-October levels on Saturday, with official market fixings remaining around ₦1,460...

Naira appreciates to ₦1,492/$1 in parallel market

The Naira recorded a slight appreciation in the parallel market yesterday, rising to ₦1,492 per...

FX markets hold steady near ₦1,468/$1 at official rate

The Naira traded in a narrow band across both the official and parallel foreign exchange...

Naira falls to ₦1,500 in black market

The Naira traded within the mid-₦1,400s on the official Nigerian Foreign Exchange Market platforms on...

CBN, Bank of Angola sign MoU to boost bilateral central banking

The Central Bank of Nigeria and the Bank of Angola on Thursday formally signed a...

Official forex rate stuck at ₦1,475 as parallel market surges

The Naira continued to trade within the mid-₦1,400s on official Foreign Exchange platforms, while the...