Category: Finance

Naira holds steady against dollar in official, parallel FX markets

The Nigerian Naira experienced a relatively stable start to the week against the United States...

Pound rises against naira in official, parallel FX markets

The British Pound Sterling started the week trading at strong levels against the Nigerian Naira,...

EU launches €12m initiative to boost African ports

The European Union has launched a €12 million regional initiative aimed at boosting the safety,...

PenCom recovers N32.27bn from pension defaulting employers

The National Pension Commission has announced that it has recovered a cumulative total of ₦32.27...

NGX, SEC earn billions despite worst-ever N6.5tr investor loss

The Nigerian Stock Exchange and the Securities and Exchange Commission each earned a total commission...

New tax laws will be fair, respect personal accounts – FG

The Federal Government has reassured Nigerians and investors that the implementation of the newly enacted...

SEC approves commercial paper listing, boosts NGX debt market

Nigerian Exchange Limited has introduced Commercial Paper listings, following approval from the Securities and Exchange...

Financial sector GDP contribution drops 15% in nine months

Banks, insurance, and other financial institutions’ contribution to the economy fell by 15 per cent...

Naira holds steady as external reserves hit $44.56bn

The exchange rate between the United States Dollar and the Nigerian Naira remained stable on...

Naira stabilises at ₦1,445 official rate against US dollar

The Naira showed resilience against the United States Dollar in early trading on Thursday, December...

Naira gains 6.68% against pound year-on-year after FX reforms

The British Pound Sterling recorded marginal movements against the Nigerian Naira on Thursday, December 4,...

Naira gains in parallel market

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