Year: 2023

The Nigerian naira has started recovering from demand shocks across foreign exchange markets …

Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency Issuer Default Rating …

Foreign creditors invested an estimated sum of $140 billion in Africa’s sovereign international and domestic debts …

The Nigerian Exchange recorded another big bang over its sustained sweet rallies on bellwether companies’ stocks

In response to alleged FX fraud, Dangote Industries Limited (DIL), has revealed that the company has so far repatriated over USD576,008,672.41

In the secondary market, the average yield on Nigerian Treasury bills increased significantly due to strong selloffs in government borrowing instruments.

Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices.

Equities market capitalisation of the Nigerian Exchange (NGX) jumped to about N38.6 trillion on Friday due to renewed interest in growth, and value stocks listed in the bourse.

President Bola Tinubu says his administration is committed to providing the necessary support for Micro, Small, and Medium Enterprises (MSMEs) to unlock their full potential and ensure their long-term success.

The Nigerian naira staged a fresh recovery across the foreign exchange markets as the monetary authority launched plans to uncaged the dollarized economy. The apex bank began FX backlog payment to deposit money banks estimated at $7 billion.