India Eyes Nigerian Oil Purchases in Naira, Boosting De-Dollarization Efforts
India’s potential purchase of Nigerian oil in naira could mark a major push toward global…
Posted inEconomy Exchange Price Analysis
Nigerian Firms Post Record Cash Flows Amid Economic Recovery
Nigerian corporates rebound sharply in 2025 as stable naira fuels record operating cash flows, outpacing…
BRICS Expansion 2025: 11 Members, 32 More Nations in Line to Join
BRICS expands to 11 members, with 32 more nations seeking to join the influential economic…
CBN Concludes FX Forward Audit, Refunds Banks in Naira
The CBN has refunded naira to banks after closing its audit into failed FX forward…
Posted inEconomy Exchange Price Analysis Trading
Nigerian Stock Market Surges 16.57% in July, Best Month of 2025
Nigerian equities posted their strongest 2025 monthly gain in July, fueled by surging investor activity…
South Africa Slapped With 30% U.S. Tariff Amid Trade Tensions
Trump's new tariffs hit African exports hard, especially South Africa, shaking up Agoa trade…
Posted inEconomy Exchange NAIRA RATE Trading
Naira Rallies as Dollar Supply Improves
Naira gains strength as dollar inflows rise, forex policies tighten, and speculation crackdown boosts investor…
South Africa Pushes for U.S. Trade Deal Ahead of Tariff Deadline
South Africa races to secure a trade deal with the U.S. before steep tariffs hit…
Nigerian Stock Market Hits Record High, Closes Above 131,000 Points
Nigerian stocks soared to new 2025 highs, extending gains amid bullish sentiment and sector strength.…
Trump’s GENIUS Act Could Reshape Africa’s Stablecoin Future — New Law Sparks Global Ripple Effects
As Trump signs the GENIUS Act, Africa’s digital dollar lifeline faces new U.S.-driven regulations, risks,…
Posted inEconomy Exchange NAIRA RATE Price Analysis
Naira to Trade Between ₦1,500–₦1,600 in H2 2025 Amid CBN Support and Oil Market Recovery
Analysts predict the naira will hover between ₦1,500–₦1,600 in H2 2025, buoyed by CBN interventions…
Posted inBanking Economy NAIRA RATE
CBN Sets July 2025 MPC Meeting to Decide Nigeria’s Next Interest Rate Direction
Nigeria’s Central Bank will hold its next Monetary Policy Committee meeting this July to review…
Posted inCrypto Economy Regulations
IMF Flags Crypto Surge in Nigeria: Risks to FX, Capital Flow, and Security
Crypto is exploding in Nigeria. The IMF warns: unchecked growth could destabilize the naira, fuel…
Tinubu Joins BRICS Summit to Promote Nigeria’s Economic Reforms and Global Competitiveness
President Tinubu arrives in Brazil for the BRICS Summit to showcase Nigeria’s reforms and push…
Posted inDiutolytics Research Economy
Nigeria Records $3.73 Billion Balance of Payments Surplus in Q1 2025
Nigeria posted a $3.73B balance of payments surplus in Q1 2025, driven by naira depreciation…
Posted inAfrica Economy Press Release
Kenya Becomes Africa’s Second-Highest IMF Debtor with $3.02 Billion Outstanding
Kenya now owes $3.02B to the IMF, ranking second in Africa and sixth globally, amid…
CBN Governor Calls for African Unity as Afreximbank Capital Surpasses $40 Billion
CBN Governor Yemi Cardoso urges African unity as Afreximbank’s capital surpasses $40B, calling for deeper…
Posted inBanking Economy NAIRA RATE
CBN Supervises Forbearance-Exposed Banks Amid Recapitalization Push to Strengthen Nigeria’s Financial Sector
CBN tightens oversight on forbearance-exposed banks, reinforcing capital buffers to safeguard Nigeria’s banking sector post-COVID…
NGX Group and SEC Forge China Ties to Boost Cross-Border Investments and Strengthen Nigeria’s Capital Market
Nigeria courts China with bold capital market diplomacy, aiming to unlock billions in investment and…
UN: Africa Bleeds $40 Billion Yearly From Extractive Sector, Urges Urgent Action
UN ECA warns Africa loses $40B yearly to extractive sector IFFs, calls for urgent reforms…
Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735%
Nigeria’s Sovereign Sukuk hits N2.2 trillion in subscriptions, fueling nationwide infrastructure while showcasing massive investor…
SEC DG Emomotimi Agama Charts Future-Ready Vision for Nigeria’s Financial Markets at NCMA Awards
Nigeria’s SEC is charging ahead with digital innovation and regulatory reform to build a resilient,…
Kenya’s Diaspora Remittances Hit $423M in April, Surpass Traditional Exports
Kenya’s diaspora remittances hit record levels in April 2025, surpassing exports like tea and tourism…
Posted inEconomy Exchange NAIRA RATE
Naira Strengthens Slightly, Inflation Dips to 23.71%
The naira held steady at the official market, even as parallel rates slipped and inflation…