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FG Lists N4.3bn Savings Bonds on NGX

FG Lists N4.3bn Savings Bonds on NGX The Federal Government has listed its April 2025 Savings Bonds valued at N4.3bn on the Nigerian Exchange Limited. The listing, which took place on Tuesday, was disclosed in a market bulletin issued by the NGX Regulation Limited. According to the...

‎Naira Weakens to ₦1,630/$ in Black Market

‎Naira Weakens to ₦1,630/$ in Black Market ‎The naira depreciated slightly against the U.S. dollar in the parallel market on Tuesday, May 13, trading at ₦1,630/$, down from ₦1,625/$ the previous day, marking a ₦5 decline. ‎According to data obtained by Economic Confidential, the naira was...

Crude Oil Price Increases by 2.22%

Brent crude oil price increased by 2.22 percent to $65.33 a barrel on Monday. Also, US West Texas Intermediate (WTI) crude rose by 3.36 percent to $62.39 a barrel at 16.35 WAT.

NGX Sees N349bn Foreign Outflow in Q1

The Nigerian Exchange Limited (NGX) says N2.23 trillion equity transactions were recorded by both domestic and foreign investors between January and March 2025.

FG Opens N300bn Sukuk Bond to Fund Projects

The Debt Management Office (DMO) has opened a seven-year N300 billion forward Ijarah (lease) Sukuk at a “rental rate” of 19.75 percent per annum.

Dangote Refinery Reduces Petrol Ex-Depot Price to N825 per Litre

Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor Spirit (PMS).