Naira Holds Firm Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Friday, June 27, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

Nigeria’s Exports to African Countries Decline by N631.5bn   Stakeholders are banking on the continued growth of non-oil trade to drive Nigeria’s exports to African countries, despite earnings crashing by 631.52 bn to N1.85 tn since the last peak of N2.49 tn in the third quarter...

Dangote to List Fertiliser Subsidiary, Eyes Over $3bn Dividend   The President/ Chief Executive of the Dangote Group, Aliko Dangote, yesterday stated that the Group will soon list the Dangote Fertiliser Limited on the Nigerian Exchange (NGX), with the aim of revolutionising the capital market. He spoke...

Lawsuits from Ex-Bank Workers Hindering Liquidation Process - NDIC   The Nigerian Deposit Insurance Corporation (NDIC) has said that litigations by former bank employees affect its mandate of liquidating failed banks. This was disclosed by the acting Managing Director/Chief Executive of NDIC, Emily Osuji, on Thursday at...

Foreign Investment in NGX Jumps by 88% to N118.9bn   Foreign portfolio investment on the Nigerian Exchange Limited (NGX) rose in May, climbing by 88.54 per cent to N118.91bn from N63.07bn recorded in April 2025. This is according to the latest Domestic and Foreign Portfolio Investment Report...

Nigeria Exports 82% of Crude Oil as Local Refineries Struggle   Amid cries of crude shortage by local refineries in Nigeria, the country exported 82 per cent of its crude oil in the first quarter of 2025. According to a report published by the Nigerian Upstream Petroleum...