Category: Finance

DMO targets N500bn bond sale, expands domestic borrowing

Nigeria’s Debt Management Office is scheduled to seek to raise between N400 billion and N500...

Naira trades at N1,450 officially as parallel market hits N1,474

The naira traded around ₦1,450 to the United States dollar in Nigeria’s official Nigerian Foreign...

Naira remains stable as external reserves hit $44bn

The naira has continued to maintain a steady, largely flat trading pattern, supported by the...

FAAC: FG, states, LGAs share N2.094tr in October

The Federal Accounts Allocation Committee has approved the disbursement of N2.094 trillion as revenue from...

Nigeria pension assets hit N26tr

Nigeria’s pension industry continued its steady climb in September 2025, with total pension assets rising...

Naira appreciates to N1,467/$ at parallel market

The Naira today appreciated to N1,467 per dollar in the parallel market from N1,470 per...

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...