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Naira experiences decline against dollar in parallel and official markets
The Nigerian naira weakened to N1,407 per dollar in the parallel market and N1,364 in the official market, as trading volumes dropped significantly.
Nigerian Equities Decline by N76 Billion in Monday Trading Session
Investors saw a N76 billion reduction in market value on Monday as profit-taking triggered a decline in the Nigerian stock exchange.
Nigerian Naira Experiences Slight Decline Against US Dollar on July 27, 2026
The Nigerian naira weakened slightly against the US dollar in the official market on Monday, while black market rates remained stable at N1,410.
United Bank for Africa Secures Top ESG and Retail Honors at 2026 Euromoney Awards
United Bank for Africa has been named Nigeria’s Best Bank for Retail and Sustainability Leadership at the 2026 Euromoney Awards for Excellence, highlighting its growth in ESG initiatives and retail banking success.
IMF calls for stricter AI oversight to curb financial system risks
The IMF advises financial regulators to bolster oversight of AI tools to prevent synchronized market volatility and systemic instability as institutions increasingly rely on automated algorithms.
Nigerian stock market gains N2.5 trillion as blue-chip stocks rally
Blue-chip stocks drove a N2.5 trillion increase in Nigerian market capitalisation last week, supported by strong institutional interest and positive corporate developments.
Nigerian Naira exchange rates for July 27, 2026
The Nigerian naira remained stable against the US dollar on July 27, 2026, with official and parallel market rates showing continued convergence due to ongoing central bank reforms.
Taking a Certainty: Would You Prefer £50,000 Over a Gamble for £1 Million?
A recent YouGov survey reveals that most British adults would choose a guaranteed £50,000 over a coin-flip chance at £1 million, with results showing clear differences in risk appetite across gender and age groups.
Naira Gains Value Against Dollar in Official and Parallel Markets on July 24, 2026
The Nigerian naira saw consistent growth against the US dollar on July 24, 2026, rising in both formal bank channels and the black market as national foreign reserves hit $52.02 billion.
Pathway Advisors Opens Subscription for Pivot Integrated Energy Services’ ₦100 Billion Series 1 Commercial Paper
Pathway Advisors Limited has initiated the ₦100 billion Series 1 Commercial Paper offer for Pivot Integrated Energy Services, aiming to bolster the company's working capital for its petroleum operations.