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    Tag: Foreign Exchange Market

    Opinion

    Dangote refinery IPO triggers dollar sell-off as Nigerians rush to raise naira

    The much-awaited Dangote Petroleum Refinery Initial Public Offering (IPO) is set to open on September 14, with 4.1 billion ordinary shares offered at ...
    By TSJ Reporter 2September 9, 20260
    Business

    Naira strengthens to N1,315/$ at official market, strongest performance since EFEMS

    The naira on Thursday, September 3, strengthened to N1,315 per dollar at Nigeria’s official foreign exchange market, its strongest performance since the introduction ...
    By TSJ Reporter 3September 4, 20260
    Business

    Nigeria’s foreign reserves rises to $53.2bn, highest level in nearly 18 years

    Nigeria’s foreign reserves rose to $53.2 billion as of Thursday, August 27, reaching their highest level in nearly 18 years, driven by stronger ...
    By TSJ Reporter 3August 27, 20260
    Naira
    Business

    Naira strengthens against US dollar, trades N1,376 at official market

    Nigeria’s currency, naira, strengthened at the official foreign exchange market on Wednesday, closing at N1,376.19 against the United States, US, dollar. This is ...
    By TSJ Reporter 3March 12, 20260
    Business

    FG plan sale of state-owned assets to private investors

    The federal government, on Monday, February 9, announced plans to commence the sale of selected state-owned assets to private investors in 2026 as ...
    By TSJ Reporter 1February 10, 20260
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