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Economics FEATURED Latest Stocks 

Nigerian stocks post N1.13tn monthly gain, forex reserves up $1bn

January 31, 2021January 31, 2021 Markets Reporters 0 Comments CBN, Forex reserves, Nigerian stocks, NSE

Investors in the Nigerian stock market recorded a total gain of N1.13 trillion in January as the market capitalisation of

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Economics FEATURED Latest TOP STORIES 

Nigeria at risk of ‘future debt servicing challenges’, CBN warns

January 26, 2021January 26, 2021 Markets Reporters 0 Comments CBN, Debt servicing

The Monetary Policy Committee of the Central Bank of Nigeria has said the Federal Government’s recurrent expenditure remained relatively high

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FEATURED Latest Money TOP STORIES 

Naira falls to 480/$ despite rising forex reserves

January 26, 2021January 26, 2021 Markets Reporters 0 Comments CBN, Forex reserves, naira

The naira extended its decline on Tuesday, falling to 480 against the dollar at the parallel market, despite the rise

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FEATURED Latest Money TOP STORIES 

Naira falls to 475/$1 as dollar shortage persists

January 12, 2021January 12, 2021 Markets Reporters 0 Comments CBN, Dollar shortage, naira

The naira fell to 475 against the dollar at the parallel market on Monday, paring some of its recent gains,

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FEATURED Latest Money TOP STORIES 

Diaspora remittances: Audit IMTOs’ accounts properly, CBN orders banks

December 18, 2020December 18, 2020 Markets Reporters 0 Comments CBN, Diaspora remittances, IMTOs

The Central Bank of Nigeria said on Friday that Deposit Money Banks must ensure that proper audit of International Money

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FEATURED Latest Money TOP STORIES 

Nigeria’s forex reserves hit seven-month low

December 14, 2020December 14, 2020 Markets Reporters 0 Comments CBN, Forex reserves

Nigeria’s foreign exchange reserves have dropped below $35 billion to the lowest level in seven months. The reserves fell to

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FEATURED Latest Money TOP STORIES 

Diaspora remittances: IMTOs opposed new CBN policy, says Emefiele

December 3, 2020December 3, 2020 Markets Reporters 1 Comment CBN, Diaspora remittances, Godwin Emefiele, IMTOs

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, said on Thursday that some International Money Transfer Operators

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Economics FEATURED Latest TOP STORIES 

VAT hike, naira devaluation, others worsen inflation – CBN gov

November 28, 2020November 28, 2020 Markets Reporters 1 Comment CBN, Godwin Emefiele, Inflation, naira devaluation, VAT hike

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said inflation in the country was worsened by

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FEATURED Latest Money TOP STORIES 

Naira in free fall, slumps to 495 against dollar

November 26, 2020November 26, 2020 Markets Reporters 0 Comments CBN, dollar, naira

The naira fell to a new record low against the United States dollar on Thursday, trading near 500/$1 at the

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FEATURED Latest Money TOP STORIES 

Nigeria’s external reserves resume decline, fall to $35.72bn

October 11, 2020October 11, 2020 Markets Reporters 0 Comments CBN, External reserves, Nigeria

Nigeria’s foreign exchange reserves have started falling again, losing $23 million in the six days to last Thursday, according to

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