Monday, May 11, 2026
Nigerian Naira trading N517/$1 on Lagos streets after CBN freezes accounts over illegal FX sales
The Nigerian Naira is now trading at N517 to the dollar on Lagos parallel markets as demand for the United...
Read moreDetailsNigeria joins International Coffee Organisation after ratifying membership, 2007 agreementÂ
By Onome Amuge Nigeria has officially become a member of the International Coffee Organisation (ICO), having completed membership procedures...
Read moreDetailsNigeria’s FEC votes N21bn for aviation, education projectsÂ
By Onome Amuge Nigeria’s federal executive council, (FEC), has approved N21.1 billion for execution of projects in the aviation...
Read moreDetailsNNPC intervenes in Maiduguri power crisis with 50MW emergency project
By Ben Eguzozie & Onome Amuge China’s CMEC, America’s GE sign contract City challenged by power disruptions by insurgents ...
Read moreDetailsTrove, Bamboo, Risevest commit to Nigeria laws, regulations, assures customers over CBN’s freeze Â
Trove, Bamboo, Risevest, three of the investment and trading platforms whose bank accounts were recently ordered frozen by an Abuja...
Read moreDetailsNigeria president appoints junior oil minister to head new petroleum law committeeÂ
By Onome Amuge Nigeria’s President Muhammadu Buhari has appointed his junior petroleum minister, Timipre Sylva to head a nine-member...
Read moreDetailsDangCem, Honyflour, FBNHolding drive rally on NGX as share prices rise
Buy sentiments pervaded the local bourse on Tuesday as market investors began repricing risk on equity assets given the latest...
Read moreDetailsNaira steady at N515/$1 as T-bills, bonds stay bullish ahead bond auction
FX Market The Nigerian Naira stayed calm at N515 per dollar for the fifth consecutive day in the parallel market...
Read moreDetailsNigeria records slower inflation growth in July to 17.38%, says NBS
By Charles Abuede & Onome Amuge Easing further by 0.37 basis points for the fourth consecutive month to 17.38...
Read moreDetailsNigeria’s 2022 budget has inbuilt N4.89trn deficit finance borrowing
Finance minister says looking at internal, external sources Nigeria’s proposed budget for fiscal 2022 has an inbuilt deficit...
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