Category: Finance

Pound trades near ₦1,930 in parallel market

The British pound traded at around ₦1,930 in Nigeria’s parallel market on Wednesday while inter-bank...

British pound trades high, official rate nears ₦1,900

The British pound is trading for approximately ₦1,880 to ₦1,900 in Nigeria’s formal foreign exchange...

Naira official rate holds steady near ₦1,444 amid FX calm

The Nigerian naira traded largely steady on Monday, November 17, 2025. The official Daily Nigerian...

Naira-dollar rate steady across official, parallel markets

The Nigerian Foreign Exchange Market saw the Naira trading relatively flat against the United States...

Pound nears ₦1,900 mark amid narrowing FX divergence

The British pound traded at approximately ₦1,895 against the Nigerian naira in official markets on...

Naira gains in parallel market, dips in official exchange

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

Naira struggles in parallel market despite official gains

The naira experienced mixed movements on Monday, recording a slight decline in the parallel market...

Nigerian exchange extends losses, investors wipe out N2.8trn

The Nigerian Exchange concluded trading last week on a weaker note, extending the bearish trend...

Naira loses N14.85 at official exchange market

The Nigerian currency continued to face pressure at the official foreign exchange market, losing N14.85...

Naira rises to N1,455 in parallel market despite official dip

The Naira today appreciated to N1,455 per dollar in the parallel market, an improvement from...

High interest rates drive pension fund investments to N2.4trn

Investments in fixed income securities by Pension Fund Administrators saw a notable increase, rising by...

Tinubu seeks senate approval to borrow ₦1.15trn domestically

President Bola Tinubu has written to the Senate seeking approval for a fresh ₦1.15 trillion...