Category: Finance

Naira depreciates marginally to ₦1,370.30/$ mid-session

The Naira opened the second trading session of March with a slight cooling against the...

NELFUND extends student loan portal amid application surge

The Nigerian Education Loan Fund has announced an extension of its Student Loan Application Portal....

Nigeria’s public debt hits ₦153.29tn amid rate cut

Economic watchers have said that Nigeria’s improving macroeconomic indicators, including a cautious 50-basis-point rate cut...

Naira holds steady against dollar amid reserves surge

The Naira held firm against the United States Dollar on Friday, February 27, 2026, closing...

Naira stabilises as reserves hit 13-year high

The Naira maintained stability against the United States Dollar on Thursday, February 26, 2026, following...

Naira strengthens to ₦1,390/$ in parallel market after rate cut

The naira regained strength in the parallel market on Wednesday following the Central Bank of...

Private sector welcomes CBN’s modest interest rate cut

The Monetary Policy Committee of the Central Bank of Nigeria has reduced the benchmark interest...

Naira trades flat at ₦1,351/$ level amid low volatility

The Naira maintained a steady performance against the United States Dollar during early trading on...

Naira officially opens at ₦1,344.65/$ as parallel market converges

The Naira has shown remarkable stability against the US Dollar in the early trading hours...

FG pledges 5% of GDP for industrial financing push

The Federal Government has announced plans to allocate up to five per cent of Nigeria’s...

Banks, telecoms, cement giants dominate trillion-naira NGX

Nigeria’s stock market has become increasingly concentrated, with 25 out of 148 listed companies on...

Naira gains strength as dollar holders sell at loss

The naira maintained its upward momentum across various segments of the foreign exchange market throughout...