Archive
Naira Strengthens 2% as NFEM Records $2.63bn Turnover in Five Sessions
Nume Ekeghe The naira strengthened by about 2 per cent against the dollar between August 24 and September 4, while foreign exchange transactions on the Nigerian Foreign Exchange Market (NFEM)
Cash Outside Banks Declines to N4.8tn, Now 89.2% of CIC
Nume Ekeghe Cash outside Nigeria’s banking system fell for the second consecutive month in July to its lowest level in eight months, even as credit to the private sector continued
Overnight Financing Market Fund Depreciated by 6.5% to N98.08tn in August
Kayode Tokede The Central Bank of Nigeria (CBN) has revealed that total overnight financing market Rate (NOFR) closed August 2026 at N98.08 trillion, representing about 6.5 per cent Month-on-Month (MoM)
NAICOM’s Failed Insurance Firms Dilemma
With recent conclusion of recapitalisation exercise in the insurance industry, NAICOM ‘s appointment of receivers and liquidators for the failed insurance firms has generated court actions against possible liquidation, writes
Agunkejoye Wins Highpoint Africa Woman of Impact Award
Nigerian HR professional, author, social entrepreneur and gender development strategist, Mrs Izehi Hannah Agunkejoye, has been recognised as a Highpoint Africa Woman of Impact Award by the Highpoint Africa Women’s
ICTN’s Ex-President Tasks SMES on Embracing Digital Tax Compliance
Dike Onwuamaeze The immediate past President of the Chartered Institute of Taxation of Nigeria (CITN), Mr. Samuel Agbeluyi, has advised Small and Medium Enterprises (SMEs) to embrace digital compliance under
Oyetola Elated as APM Terminals Signs MoU to Develop Badagry Deep-seaport
Eromosele Abiodun APM Terminals has signed a Memorandum of Understanding (MoU) for the development of the proposed Badagry Deep-Seaport, as Nigeria’s Minister of Marine and Blue Economy, Adegboyega Oyetola, led
Stock Market Drops by N1.9tn to Halt Positive Momentum
Kayode Tokede The Nigerian stock market reversed its prior days’ positive momentum as investors profit-taking in yesterday down market capitalisation by N1.9 trillion. The downturn was broad-based, with only four
2027: Sanwo-Olu, Hamzat urge peaceful elections
— Lagos APC vows full mobilisation for Tinubu, Hamzat, candidates By Olasunkanmi Akoni LAGOS — Ahead of the 2027 general elections, Governor Babajide Sanwo-Olu of Lagos State, his deputy, Dr
Zamfara assembly, agencies meet over 2027 -2029 budget framework
The Zamfara State Government had validated the 2027–2029 Medium-Term Expenditure Framework (MTEF) with a view to enhancing budget credibility and planning. The state Ministry of Budget and Planning, in collaboration
