Nigeria’s Trade Surplus Jumps 67% To N12.59trn In Q2’26
Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in...
Naira Rises To N1,387/$ In Parallel Market
The Naira yesterday appreciated to N1,387 per dollar from N1,390 in the parallel market on Monday. Similarly, the naira appreciated to N1,322.9 per dollar in...
Economic Gains Must Show In Nigerians’ Lives — CIBN
Nigeria’s improving macroeconomic indicators will amount to little if they failed to translate into lower living costs, more jobs, higher incomes and better living...
Dollar To Naira Exchange Rate Today, September 11, 2026
The naira is trading at about ₦1,329.44 to the US dollar at the Nigerian Foreign Exchange Market (NFEM), while the dollar is quoted at around ₦1,390...
Stock Market Losses N1.9trn To Profit-Taking
The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market was bullish penultimate...
Banks Shut 476 Branches In Three Years – CBN
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by 8.8 per...
Financial Distress Hits 9 Firms On NGX
At least nine companies listed on the Nigerian Exchange Limited, NGX, are facing significant balance-sheet pressure, with shareholders’ funds turning negative and most of...
Naira Appreciates To N1,380/$ In Parallel Market
The Naira yesterday appreciated to N1,380 per dollar from N1,390 in the parallel market on Monday. But the naira depreciated to N1,329.5 per dollar in...
Headline Inflation Falls 3rd Consecutive Month To 15.39%
Headline inflation rate fell by 0.04 percent to 15.39 percent in August from 15.43 percent in July 2026, representing the third consecutive month decline...
Cooking Gas Scarcity Hits Nigeria As Iran War Disrupts Supply
A supply crunch triggered by the Iran war has tested the resilience of emerging Liquefied Petroleum Gas (cooking gas) markets across sub-Saharan Africa, with Nigeria...
