Naira Strengthens to a Two-Year High Against the Dollar
Nigeria’s naira has strengthened significantly against the US dollar, reaching a two-year high in the official foreign exchange market. The...
Tag Archives: #NigeriaEconomy
Oil exports lift Nigeria’s external earnings in Q2
Nigeria’s external earnings increased significantly in the second quarter of 2026, supported by higher exports of crude oil, natural gas,...
FG Approves Upgrade of Onne, Rivers, Delta, Calabar Ports
The Federal Government has approved the comprehensive modernisation and upgrade of four major ports outside Lagos as part of efforts...
NGX Investors Gain N1.5tn as Market Capitalisation Rises 0.92%
Trading on the Nigerian Exchange Limited (NGX) ended the week on a positive note, with investors recording a N1.498 trillion...
Naira Gains as Dollar Falls to ₦1,385 in Parallel Market
The Nigerian naira recorded a modest gain against the United States dollar on Wednesday, September 23, 2026, despite the Central...
PenCom Says Pension Reform Remains Landmark Financial-Sector Transformation
The National Pension Commission, PenCom, has described Nigeria's pension reform as one of the country's most enduring financial-sector transformations, saying...
NGX Market Capitalisation Hits ₦162.16 Trillion as Stocks Extend Bullish Run
Nigeria’s equities market closed the week on a strong note, with the total market capitalisation of the Nigerian Exchange Limited...
CBN Faces Interest-Rate Dilemma as Oil Prices Rise, Inflation Cools
Nigeria’s Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is set to meet on September 21 and...
Niger Delta States Back $500 Million Agricultural Development Fund
The nine Niger Delta states are backing efforts to build a stronger regional investment system that could increase agricultural production,...
CBN Intensifies Terrorism Financing Checks on Banks, Financial Institutions
The Central Bank of Nigeria, CBN, has intensified supervision of banks and other regulated financial institutions over terrorism-financing risks as...