News

Legit.ng on MSN19h
See the new foreign exchange rate to clear goods as naira gains
The Central Bank of Nigeria (CBN) has harmonised the Customs FX rate with the current foreign exchange rate following the strengthening of the naira.
Business Day9h
Naira rises to N1,545/$ in black market as reforms dampen speculation
The naira continued its stable run on Thursday, appreciating against the dollar in the black market as confidence in the ...
Legit.ng on MSN23h
How the naira rose in value in the official market and parallel window
The Nigerian currency, the naira, gained N9 on Wednesday, July 9, 2025, after a brief loss the previous day to close trading ...
Business Day4h
Weakening dollar fuels gains across Nigerian, African stock markets
Nigeria and other major African stock markets are beneficiaries of weakening dollar as President Donald Trump's ...
The Nation Newspaper23h
Court freezes Afex Commodities’ accounts over N17.8b debt
The Federal High Court in Lagos has restrained 60 banks from dealing with any accounts operated by Afex Commodities Exchange ...
The Punch on MSN20h
Senate probes N1.3tn CBEX collapse, declares national emergency
The Senate on Wednesday launched a sweeping probe into the rise of Ponzi schemes in the country, following the catastrophic ...
The Punch on MSN16h
Revenue generation: ICPC urges N’Assembly to strengthen oversight on MDAs
The Independent Corrupt Practices and Other Related Offences Commission on Wednesday charged the National Assembly to ...
NigerianEye19h
Naira continues to depreciate against dollar at official market
According to the Central Bank of Nigeria’s data, the naira weakened slightly to N 1,531 per dollar on Wednesday from N ...
Ecofin Agency21h
Nigerian Banks Slash Foreign Spending Limits Amid Dollar Shortage
Stanbic IBTC and Zenith Bank cut monthly card spending abroad to $500 and $200 Foreign reserves fall by $3.5 billion in six months, down to $37.37 billion in June Central Bank steps up ...