Business

Naira appreciates against dollar in official market

The naira appreciated to N1,490 against the United States dollar in the Nigerian Foreign Exchange Market (NFEM) on Thursday, September…

6 months ago

CBN boosts FX market with $574m intervention in August

The Central Bank of Nigeria (CBN) sold $574 million in August 2025 to stabilise the foreign exchange market, marking a…

6 months ago

FAAC shares N2.2trn August revenue to FG, States, LGs

The Federation Account Allocation Committee (FAAC) has shared N2,225.118 trillion August 2025 Federation Account Revenue to the Federal Government, States…

6 months ago

Afrinvest: Nigeria needs 40% GDP growth, N500/$ rate to hit $1trn economy

Nigeria must grow its nominal gross domestic product (GDP) by at least 40 per cent in both 2025 and 2026,…

6 months ago

FG unveils fresh incentives to boost agricultural investment

The Federal Government has announced new incentives to drive agricultural investment and strengthen food security under President Bola Tinubu’s Renewed…

6 months ago

Stock market records N71bn loss

The Nigerian stock market slipped back into the red on Tuesday, September 16, 2025, ending its one-day rebound with a…

6 months ago

Naira trades N1,484/$ in official market

The naira appreciated to N1,484.13 against the United States dollar in the official foreign exchange (FX) market on Tuesday, September…

6 months ago

Dangote refinery delivers first gasoline cargo to U.S.

The first shipment of gasoline from Nigeria’s Dangote refinery has arrived in the United States, marking a major milestone for…

6 months ago

Stock market investors gain N704bn

The Nigerian Exchange Limited (NGX) began the week on a strong note on Monday, September 15, 2025, recording a rebound…

6 months ago

Naira appreciates to N1,495/$ in official market

The naira appreciated to N1,495 against the United States in the Nigerian Foreign Exchange Market (NFEM) on Monday, September 15,…

6 months ago

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