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Naira Gains Against Euro, Trades at N1,606/€1

The Nigerian naira strengthened against the euro during Thursday’s trading session, closing at N1,606/€1, up from Wednesday’s N1,644/€1, according to Central Bank of Nigeria (CBN) data.

NNPC Opens Talks with Chinese Firm to Revive Refineries

Nigeria’s refining sector may see new momentum as the Nigerian National Petroleum Company (NNPC) Limited begins talks with a major Chinese petrochemical firm to revive one of its state-owned refineries.

Nigeria Targets $1.5bn GDP Boost from Halal Market

Nigeria Targets $1.5bn GDP Boost from Halal Market President Bola Tinubu has launched Nigeria’s National Halal Economy Strategy, a policy designed to position the country within the $7.7 trillion global halal market and accelerate economic diversification. The initiative, unveiled at the Presidential Villa in Abuja by...

Nigeria Saves N6trn in 9 Months as Fuel Import Drops – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria saved over N6 trillion from reduced petroleum product imports in the first nine months of 2025 following the full deregulation of the downstream sector.

Naira Mutual Funds Soar 140% Amid Shift Toward Local Currency Investments

Naira-denominated mutual funds have recorded a sharp surge of about 140% over the past year.

‎Naira Surges to ₦1,372.91/$ in Official Market as CBN Steps Back

‎The naira on Tuesday surged to a record high of ₦1,372.91 per dollar in the official foreign exchange (FX) market, marking a significant milestone in Nigeria’s currency trajectory.