Naira Reclaims Value Against US Dollar as FX Crunch Eases The naira bucked downward trend…

The benchmark yield on Nigerian government bonds retraced as asset managers, and local deposit money banks with surging liquidity parked their free cash into debt papers.

18 Vessels to Berth at Lagos Ports -NPA The Nigerian Ports Authority (NPA) on Monday…

Telecommunications company MTN Nigeria Plc. has announced a plan to raise up to N50 billion from commercial paper sales in the local debt capital market.

The total assets of Nigeria’s top 5 banks surged by more than 55% year to date to settle at N146.34 trillion

Fitch Ratings has affirmed Nigeria’s credit or long-term foreign currency issuer default rating (IDR) at ‘B-‘ with a positive outlook. The ratings affirmation is supported by the country’s large economy, relatively developed and liquid domestic debt market, and large oil and gas reserves, Fitch said.