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Category: Finance

FG Monitors Middle East Tensions to Protect Nigeria’s Economy  
BusinessFinanceNews

FG Monitors Middle East Tensions to Protect Nigeria’s Economy  

NEWS BAR NGMarch 11, 2026

 Abiola Sopeju The Federal Government has announced that it is closely monitoring escalating geopolitical tensions in the Middle East involving…

CBN Boosts Foreign Reserves with Indigenous Gold as Holdings Hit $3.5bn
FinanceNews

CBN Boosts Foreign Reserves with Indigenous Gold as Holdings Hit $3.5bn

NEWS BAR NGMarch 5, 2026March 5, 2026

The Central Bank of Nigeria (CBN) has bolstered its foreign reserves with the addition of responsibly sourced gold refined to…

Reuters Report: Naira Expected to Remain Bullish against US Dollar Next Week
BusinessFinanceNews

Reuters Report: Naira Expected to Remain Bullish against US Dollar Next Week

NEWS BAR NGFebruary 20, 2026

Nigeria’s currency is expected to strengthen further against the dollar in the next week to Thursday, while those of Kenya,…

As CBN Opens Official FX Market to BDCs, Dollar Crashes to N1,348/$
BusinessFinanceNews

As CBN Opens Official FX Market to BDCs, Dollar Crashes to N1,348/$

NEWS BAR NGFebruary 12, 2026

The Naira strengthened to N1,348 against the US dollar on the Nigerian Foreign Exchange Market (NFEM) yesterday, indicating a 14-month…

NRS Targets N40.71tn Revenue for 2026, Collected N28.3tn in 2025
FinanceNews

NRS Targets N40.71tn Revenue for 2026, Collected N28.3tn in 2025

NEWS BAR NGFebruary 11, 2026

Executive Chairman, Nigeria Revenue Service (NRS), Dr. Zacch Adedeji, yesterday, disclosed that the federal government had set a revenue target…

Stock Market Drops by N395bn as Investors Intensify Profit-taking
FinanceNews

Stock Market Drops by N395bn as Investors Intensify Profit-taking

NEWS BAR NGJanuary 26, 2026

The Nigerian stock market last week recorded its first weekly negative performance, extending its losing streak as investor sentiment weakened…

CBN Urges Banks to Ensure Fraud Reduction, Enforce 30-minute Response Rule
FinanceNews

CBN Urges Banks to Ensure Fraud Reduction, Enforce 30-minute Response Rule

NEWS BAR NGJanuary 22, 2026

The Central Bank of Nigeria (CBN) has challenged banks and payment service providers to commit to measurable reductions in electronic…

Wema Bank Upgrades ALAT Banking App to Voice Banking, Tap & Pay, Uptime Prediction
FinanceNews

Wema Bank Upgrades ALAT Banking App to Voice Banking, Tap & Pay, Uptime Prediction

NEWS BAR NGJanuary 12, 2026

Wema Bank Plc has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the…

Subscription to T-Bills Tops N1.5trn at First 2026 Auctions on Massive Demand
FinanceNews

Subscription to T-Bills Tops N1.5trn at First 2026 Auctions on Massive Demand

NEWS BAR NGJanuary 12, 2026

Investors’ appetite remained strong at the Central Bank of Nigeria’s (CBN) first Treasury bills auction of 2026, with subscriptions rising…

Solid Minerals Delivered N63.92bn to Federation Account in 11 Months
FinanceNews

Solid Minerals Delivered N63.92bn to Federation Account in 11 Months

NEWS BAR NGDecember 31, 2025

Nigeria’s solid minerals sector remitted a total of N63.92 billion into the Federation Account over the January to November 2025…

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