Category: Finance

Naira trades at ₦1,329/$ in official FX market

The naira exchanged at varying rates against the United States dollar across the official Nigerian...

DMO offers ₦1trn FGN bonds at ₦1,000/unit

The Debt Management Office has announced the offer of two Federal Government of Nigeria bonds...

NGX sheds ₦1.9trn as profit-taking ends bullish streak

The Nigerian equities market reversed its bullish run last week, shedding N1.9 trillion to widespread...

BREAKING: Bamboo app crashes as Dangote IPO rush overwhelms platform

Nigerian investment platform, Bamboo, has confirmed that unprecedented demand for the Dangote Refinery Initial Public...

Naira holds steady at ₦1,326.84/$ FX market

The naira maintained relative stability against the United States dollar at the start of the...

Auditor-General flags ₦124.12bn procurement irregularities across federal MDAs

The Auditor-General for the Federation has uncovered contract and procurement irregularities valued at N124.12bn across...

Investors lose N1.67trn as 45 stocks decline on NGX

The Nigerian stock market sustained its losses on Wednesday, as the Nigerian Exchange market capitalisation...

UNIBEN management denies underpaying lecturers’ August salaries

The management of the University of Benin has denied reports that members of the Academic...

Naira trades ₦1,322/$ in official FX market, ₦1,390/$ in parallel

The naira held steady on the stronger side in the Nigerian Foreign Exchange Market as...

Cash transfer office rejects Auditor-General’s ₦33.75bn fraud claims

The National Cash Transfer Office has pushed back against claims contained in a report by...

FG releases tools allowance to academic staff nationwide

The Federal Government has announced the full disbursement of the Consolidated Academic Tools Allowance to...

Naira trades at ₦1,321/$ in official FX market

The naira is currently exchanging at approximately ₦1,321.37 to the United States dollar based on...