NGX up 34.4% in dollar terms Analysts see more upside for undervalued stocks Nigeria is officially the best stock market. read more Naira rally lifts Nigeria stocks to Africa’s top spot ....
The continued rally of the Nigerian naira will be underpinned by a sustained current account surplus, stable or rising reserves,. read more How Nigeria’s naira rally can be sustained — Tilewa Adebajo ....
The moderation in both core and food inflation, alongside the naira’s relative stability and appreciation against the dollar year-to-date, has strengthened confidence that price pressures are gradually receding.
Nigeria’s naira could extend its recent gains, lifted by strong forex inflows and central bank dollar sales to bureau de changes (BDCs), which have helped tighten the spread between official and parallel market exchange rates, it said.
Analysts are sounding the alarm that the “hot money” which flooded Nigeria to capitalise on high interest rates may soon. read more Naira strength sparks exit warnings as investors look to lock in FX gains ....
Lush and mythic yet profoundly intimate, Naira Kuzmich’s posthumous debut novel is a journey through perpetual questions of fear and of fate ... Naira Kuzmich. Naira Kuzmich was born in Armenia and raised in the Los Angeles enclave of Little Armenia.
Local and international petroleum marketing analysts have attributed the drop in petrol imports into Nigeria to lower Ship-to-Ship (STS) prices offshore in Lomé and a stronger naira ... One major factor is the strong Naira we’ve seen lately.
Limited, Huang Haoyu, also known as Ken, and An Hongxu, to 46 years’ imprisonment each, or an option of a N56 million fine, for their roles in a multi-billion-naira cybercrime and money laundering scheme.
Godwin Emefiele, yesterday indicted commercial banks for the scarcity that greeted the Naira redesign policy of the federal government in late 2022 and early 2023.
Recall that during his Evidence-in-Chief, the witness tendered video evidence claiming that the redesign of the Naira notes by the Emefiele-led CBN brought untold hardship for many Nigerians.
As Brent crude trades around $69 per barrel, comfortably above Nigeria’s 2026 budget benchmark of $64.85, there is cautious optimism that the gains could filter through to the naira Nigerians use every day.
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has declared that the Naira is reclaiming its status. read more Cardoso sees Naira regaining regional dominance, halting FX scramble ....
The naira ended the trading week on a stronger note across the foreign exchange (FX) markets, appreciating against the dollar. read more Naira records 1.5% weekly gain as reserves maintain growth ....
The naira edged lower on Thursday in the official foreign-exchange market, retreating from a ten-day rally as renewed dollar demand. read more Naira cools after ten-day gains on dollar demand ....