19 h. ago Naira Seen Gaining Ground As Forex Liquidity Improves – Analysts

The value of the naira is expected to remain stable hovering within the N1,500 to the dollar benchmark buoyed by improving foreign exchange liquidity, rising investor confidence, and targeted Central Bank interventions, according to analysts and market observers. Having closed last week at N1,528.56 to the dollar at the official end of the market and […]

Politics

7 d. ago Investors gains N5.49trn in June as consumer goods, insurance, bank stocks rally

The value of Nigeria’s equities market rose by about N5.489trillion in June as all key sectors on the nation’s bourse read more Investors gains N5.49trn in June as consumer goods, insurance, bank stocks rally

Politics

8 d. ago Nigeria records $10.6bn portfolio investment crash in Q1 2025

FDI drops by 19% From Adanna Nnamani, Abuja Nigeria suffered a $10.6 billion crash in portfolio investment in the first quarter of 2025, reflecting deepening capital flight and rising investor concerns over the country’s economic direction. The latest Balance of Payments report released by the Central Bank of Nigeria (CBN) showed that portfolio investment liabilities […] The post Nigeria records $10.6bn portfolio investment crash in Q1 2025 appeared first on The Sun Nigeria.

Events

2 w. ago Economic reforms spur renewed growth, price, exchange rate stability

Tribune Online Economic reforms spur renewed growth, price, exchange rate stability President Bola Ahmed Tinubu said his administration’s bold economic reforms are delivering strong growth, price stability, and a more stable exchange rate—a trajectory recognised by both international financial institutions and industry stakeholders, writes JOSEPH INOKOTONG. In commemoration of the 2025 Democracy Day, President Bola Ahmed Tinubu used his address to the National Assembly to highlight […] Economic reforms spur renewed growth, price, exchange rate stability Tribune Online

Economics

2 w. ago Nigerian business environment holding back competition, World Bank laments

  As fuel imports remain in force-Major marketers   By Adewale Sanyaolu   The World Bank Group has lamented that businesses and investors perceive the policy environment in Nigeria to be holding back competition.   Senior Economist, World Bank Group, Samer Matta, stated this at the quarterly webinar organised by the Major Marketers Association of […] The post Nigerian business environment holding back competition, World Bank laments appeared first on The Sun Nigeria.

Politics

2 w. ago Zenith Bank suspends dividend, bonuses following CBN directive

Zenith Bank Plc has announced a temporary suspension of dividend payments, bonuses, and further investments in foreign subsidiaries, in response read more Zenith Bank suspends dividend, bonuses following CBN directive

Politics

2 w. ago Investors lose N323bn in two days as bears in banking stocks persists

Tribune Online Investors lose N323bn in two days as bears in banking stocks persists On Tuesday, bears persists at the Nigerian Exchange (NGX) as equities investors continued to react to the directive by the Central Bank of Nigeria (CBN) suspending dividend payments, bonus disbursements, and offshore investments for banks under regulatory forbearance. Investors lose N323bn in two days as bears in banking stocks persists Tribune Online

Politics

3 w. ago Services to drive Nigeria’s growth as reforms spur investment – World Bank

The World Bank has projected that services will continue to be the primary engine of Nigeria’s economic growth, supported by read more Services to drive Nigeria’s growth as reforms spur investment – World Bank

Politics