Naira Appreciates with ₦25.33 Gain Across Markets on Jan 30 The naira extended its rally for the fourth time in January, strengthening against the U.S. dollar on Friday, January 30, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja...

NGX Market Cap Increases by N232bn   The Nigerian Stock Exchange closed higher on Thursday, 29 January 2026, as investors responded to positive market sentiment despite a slowdown in trading activity. The total market capitalisation rose by N232bn, from N105.74tn on Wednesday, 28 January, to N105.97tn, representing...

Naira Hits N1,396.99/$, Breaks N1,400 Barrier   Nigeria’s naira has traded below the N1,400/$1 level on the official market for the first time in over a year, marking a notable psychological and market milestone for the currency. Data from the Central Bank of Nigeria show that the...

Telcos to Invest N1.4trn in Network Expansion - NCC   Nigeria’s mobile-phone operators plan to step up spending on network infrastructure this year, promising to invest more than the over $1bn (N1.4tn) ploughed into the sector in 2025, the Nigerian Communications Commission (NCC) has said. The commitment...

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 The naira continued its appreciation against the U.S. dollar on Thursday, January 29, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

‎The Federal Government, through the Central Bank of Nigeria (CBN), has upgraded the operating licences of leading financial technology (fintech) firms.