A Nigerian lady's hilarious encounter with a fake prophet at Tejuosho Market goes viral. She shut down his false prophecy about her late father, sparking reactions and similar stories online.
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
The Nigerian equities market sustained its bullish trend on Wednesday, December 17, with investor wealth increasing by N244.62 billion. Key stocks like FirstHoldCo and Mecure drove the rally. Read the full analysis.
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.
The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.
The Nigerian naira weakened against the US dollar, closing at N1,454/$1 as festive season demand spikes. CBN data shows a weekly decline, though rising reserves offer hope. Full analysis inside.
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
The Naira faced fresh pressure on Thursday, depreciating in both official and parallel markets. The Central Bank of Nigeria's new rate shows a widening gap with the black market. Read the full analysis.
At the PEARL Awards 30th anniversary, leaders like Udoma Udo Udoma and Governor Peter Mbah emphasized transparency and innovation in Nigeria's capital market as key to sustainable growth and infrastructure development. Discover the insights.
Fresh instability hits Nigeria's forex market as the naira weakens on the parallel market, widening the gap with official rates despite rising external reserves. Get the latest data and analysis.
A devastating fire swept through Abuja's Jabi wood market, destroying shops and goods worth millions of naira. Firefighters contained the blaze with no casualties reported. Traders appeal for government aid.
A devastating fire destroyed the popular Jabi Wood Market in Abuja early Wednesday. Traders lost millions in property. No casualties reported. Read more on the response and calls for aid.
The Nigerian Exchange closed positive on Tuesday, December 2, 2025, with investors gaining over N1.29 trillion. The All-Share Index rose by 1.20%. Read the full market analysis.
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
The Nigerian Naira receives a significant boost as dollar inflows into the FX market jump by 64.24% to $841.10 million, improving liquidity and strengthening the official rate. Read the full analysis.
The Nigerian naira depreciated against the US dollar on Monday, December 1, dropping to N1,448.44/$1. Despite rising foreign reserves, currency pressure persists. Full details inside.
The Securities and Exchange Commission (SEC) Nigeria is transforming the capital market with new laws, investor protection, and tech. Market cap hit N91.3 trillion in November 2025. Discover the blueprint for economic prosperity.
A Nigerian mother's viral TikTok video shows her exchanging her daughter's $20 gift for just N460. The story sparks online debate about parenting and financial literacy. Read the full story and reactions.
The Nigerian Naira rebounds against the USD, closing at N1,446.74. CBN interventions and $20.98bn foreign inflows boost confidence. Experts predict stability ahead. Read more.
CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.
Nigeria's capital market transitions to T+2 settlement cycle, signaling global readiness and enhancing investor confidence. Learn how this reform positions Nigeria for international competitiveness.
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
Dangote Refinery is saving Nigeria over N10 billion annually in foreign exchange by replacing fuel imports with locally refined products. Discover how this impacts Nigeria's economy.
CBN Governor Cardoso reveals Nigeria's economic turnaround: inflation dropped from 34.6% to 16.05%, forex reserves hit $46.7B, and growth reached 4.23%. Discover how reforms are driving sustainable growth.
Naira depreciates across all market segments as year-end FX demand intensifies. Expert analysis reveals why the pressure may continue through December despite rising external reserves.
Federal High Court dismisses Tigran Gambaryan's suit against EFCC over detention. Court refuses to interfere with money laundering investigation. Full details inside.
CBN reveals 16 banks have successfully met recapitalisation requirements as Governor Cardoso updates on monetary policy, forex gains, and economic progress.