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FG Bonds Record 35% Oversubscription In April Auction

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FG Bonds Record 35% Oversubscription In April Auction

The Federal Government of Nigeria (FGN) bond auction in April 2026 recorded a 35.4% oversubscription, reflecting strong investor demand, the Debt Management Office (DMO)...

Buhari Should Account For $1bn Security Fund Jointly Contributed By States – Gov. Ortom

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Buhari Should Account For $1bn Security Fund Jointly Contributed By States - Gov. Ortom

Governor Samuel Ortom of Benue State yesterday asked the Federal Government to account for the $1 billion security funds jointly contributed by the 36 states of the federation to fight insurgency giving the worsening insecurity in the country. Speaki...

Naira Appreciates To N1,359/$ In Official Market

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Dollar To Naira Exchange Rate Today, June 3, 2026

The naira yesterday depreciated to N1,359 per dollar in the Nigerian Foreign Exchange Market, NFEM. However the Naira remained stable at N1,360 per dollar in...

Why Strengthening Nigeria’s Banks Matters

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CBN Unveils New FX Guidelines, Approves Cash Movement Of $50,000

 “The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...

BREAKING: Inflation Rate Surpasses 14% — Highest Jump In 4 Years

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The National Bureau of Statistics (NBS) says consumer price index, which measures inflation, hit 14.23 per cent in October. The inflation rate jumped by 0.52...

Coronavirus will put severe strain on Nigeria’s budget – Finance minister

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The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the novel Coronavirus, which had led to a huge drop in crude...

NFEM Records Dollar Strengthening Against Naira At Exchange Rate Today

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Naira Rises To N1,403 In Parallel Market

The Nigerian Foreign Exchange Market (NFEM) recorded a strengthening of the Naira against the US Dollar on October 28, 2025, while the parallel market...

CBN To Maintain Monetary Policy Rate At 26.5%

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CBN To Maintain Monetary Policy Rate At 26.5%

The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) decided to keep the Monetary Policy Rate (MPR) at 26.5% after its 305th meeting. The decision...

Dollar To Naira Exchange Rate Today, April 24, 2026

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Dollar To Naira Exchange Rate Today, June 3, 2026

The Nigerian naira continues to trade within a relatively narrow band against the United States dollar across both the official and parallel foreign exchange...

Dollar To Naira Exchange Rate Today, April 10, 2026

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Dollar To Naira Exchange Rate Today, June 3, 2026

The Nigerian Naira maintained a steady position against the United States Dollar in the early hours of Friday, April 10, 2026, across both the...

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