Kenneth Ifekudu Receives 'Ife Abata' Traditional Honour
Anambra businessman Kenneth Ifekudu receives the 'Ife Abata' chieftaincy title from Ebonyi community for his philanthropy and infrastructure projects. Read about the ceremony and his impact.
Category : Search result: Nigerian Exchange Limited
Axxela Wins Carbon Reduction, Sustainability Awards 2025
Axxela Limited secures double honours at the 2025 Social Impact Awards for cutting CO2 emissions by over 703,000 tonnes. Discover how they're driving Nigeria's clean energy transition.
FMDQ Market Activity Slows, Turnover Drops 24%
Trading activity on the FMDQ Securities Exchange contracted sharply in November 2025. Total secondary market turnover fell by 24.22% month-on-month to N54.64 trillion. Read the full analysis.
NIPCO saves N44m yearly with solar at fuel stations
NIPCO Plc has cut energy costs by N44.4 million annually after switching three fuel stations to hybrid solar power. The move eliminates grid reliance and reduces carbon emissions. Discover how renewable energy is transforming Nigeria's retail fuel sector.
Naira to Trade N1,470-N1,520/$1 in 2026, Say Experts
Economic analysts forecast a stable naira exchange rate in 2026, with the CBN prioritizing market confidence and reduced volatility over aggressive appreciation. Key projections and government expectations revealed.
Naira Strengthens, Black Market Dollar at ₦1,478
The naira appreciates at NAFEM as black market traders adjust rates. CBN approves 82 BDCs, warns public to verify operators. Get the latest forex market analysis.
Ministry Gets Appeal on Corporate Records, Respects Court
The Federal Ministry of Industry confirms receiving an appeal on corporate records involving two firms. It reaffirms respect for the judiciary and ongoing court cases. Read the full statement.
CBN Intervention Boosts Naira, Dollar Rate Improves
The Nigerian naira staged a strong recovery on Monday after the Central Bank sold $150 million to dealers. The official rate appreciated to ₦1,456.56 per dollar, easing short-term pressure. Read the full analysis.
Chinese Community Hosts 2,000 Nigerian Children for Christmas
The Chinese Consulate in Lagos celebrated Christmas with 2,000 children from low-income families, awarding scholarships and showcasing cultural performances. See how this tradition strengthens Nigeria-China ties.
EDEN Group Unveils EDNI to Boost Agriculture and Health
Eden Moringa Group launches EDNI Limited, an agricultural platform to support farmers, improve rural incomes, and expand access to health products in Nigeria. Discover how this initiative tackles economic hardship.
Naira Falls, FX Reserves See First Decline in Over 2 Months
The Naira weakened by N10 against the dollar last week as Nigeria's external reserves halted their upward trend. Get the latest on exchange rates and CBN's outlook for 2026.
Tinubu's Reforms Geared Towards Economic Revival – Lawmaker
Lawmaker Gboyega Isiaka defends Tinubu's tough economic policies, stating they are yielding results and will lead to stability and prosperity for Nigeria. Read more.
Investors gain N1.7tr in NGX Santa-Claus rally
The Nigerian stock market's Santa-Claus rally intensified last week, adding N1.7 trillion to investor wealth. Market capitalisation hit N96.94 trillion as pre-Christmas buying boosted key sectors. Read the full analysis.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
Enugu Proves Ownership of Disputed Abuja Property
Enugu State Government provides evidence of ownership for a disputed plot in Abuja's Wuye District, accusing Simonis Ventures of fraud and abuse of court process. Details inside.
Naira Suffers Sharpest Fall Amid Deepening Dollar Scarcity
The Nigerian naira recorded its steepest depreciation in weeks, falling to N1,469.90 per dollar despite CBN interventions. Discover the causes and market outlook.
Veriphye Platform Tackles Phone Theft and Cyber Insecurity
Hexaguard Limited launches Veriphye, a digital platform to combat phone theft and device fraud in Nigeria. It uses IMEI verification to secure the mobile ecosystem and boost consumer confidence.
Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Naira's 2025 Recovery: How CBN Policies Made the Difference
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
Nigeria's 2026 Budget: N58.47tr Approved, Lower Exchange Rate Set
Nigeria's Federal Executive Council has approved a N58.47 trillion budget for 2026, targeting a lower exchange rate of N1,400/$. Get the full breakdown of allocations and fiscal strategy.
Naira Depreciates as Dollar Demand Outpaces CBN Supply
The Nigerian naira weakened further at the official forex market, trading at ₦1,457.84 per dollar. Analysts cite weak inflows and high demand, but remain hopeful due to strong external reserves.
Japan Hikes Interest Rates to Highest Level Since 1995
The Bank of Japan has increased interest rates to a three-decade high of 0.75% to combat persistent inflation, partly driven by soaring rice prices. Get the full details on this major economic shift.
Naira Falls at Official, Black Market Amid Thin Dollar Supply
The Naira depreciated against the US dollar, closing at N1,455.49/$1 in the official market. Pressure mounts due to reduced FX inflows and limited CBN intervention. Get the latest rates and analysis.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
AFRIMA, UK Partner to Boost African Music Exchange
Ahead of the 9th All Africa Music Awards in Lagos, AFRIMA and the British High Commission sign a Cultural Cooperation Agreement to strengthen creative ties and open global doors for African music.
Naira Rate Gap Widens as Dollar Demand Rises
The exchange rate gap between Nigeria's official and parallel markets widened to N25 as the naira depreciated. Discover the causes and CBN's response to the seasonal dollar demand surge.
Indigo Dominates 2025 LAPRIGA Awards with Five Wins
Integrated Indigo Limited dominated the 2025 LAPRIGA, winning five awards including Model Agency of the Year. Read about their strategy and industry impact.
Ondo Communities Decry Forestry Firm's Neglect of CSR
Communities in Ondo State's Okitipupa and Odigbo LGAs accuse Rex Forestry Ltd of ignoring CSR commitments and local hiring agreements. They urge Governor Aiyedatiwa to intervene. Read the full story.
CBN's $250M Intervention Lifts Naira in Forex Market
The Naira rebounds as CBN injects $250 million into the forex market, narrowing the gap between official and parallel rates. Read the full analysis of the intervention's impact.
CBN Injects $250M to Stabilise Naira as Reserves Hit $45.4B
The Central Bank of Nigeria intervenes with $250 million to ease dollar scarcity and steady the naira. Nigeria's FX reserves rise to a six-year high of $45.44 billion, strengthening the CBN's hand. Read the full analysis.
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