Tag: FX reforms

Nigeria Rejoins Frontier Markets as NGX Rally Attracts Global Investors

Business Damilola Bayonle -
Nigeria’s capital market has recorded a major milestone as global index provider FTSE Russell officially restored the country’s status...

CBN signals economic reset as inflation drops sharply, reserves surge past $50bn

Business Damilola Bayonle -
CBN reforms drive macroeconomic recovery as inflation eases, reserves surge Nigeria’s macroeconomic outlook is showing early signs of stabilisation as...

Foreign investor confidence in Nigeria soars to five-year high as $16.77bn capital floods in

Business Damilola Bayonle -
Foreign investor confidence in Nigeria hits five-year high as reforms redraw capital flows Foreign investor confidence in Nigeria has climbed...

Inflation drops to 15.10% as naira gains strength, reserves hit $46.8bn

Business Damilola Bayonle -
Inflation plunges as reforms anchor naira stability Nigeria’s disinflation trajectory has gathered momentum, with headline inflation declining to 15.10 per...

How foreign investors return to Nigeria stocks after bold FX reset sparks market revival

Business Damilola Bayonle -
Foreign investors return to Nigeria stocks as FX reforms boost confidence Nigeria’s capital market has recorded a major milestone as...

FX reforms ignite confidence: How Nigeria’s bold FX reforms aparked $20.98bn inflows

Business Damilola Bayonle -
Nigeria’s macroeconomic landscape is undergoing a profound shift, supported by decisive policy actions that have recalibrated the foreign exchange...

NGX foreign trades hit record N2.03tn as investors return strong

Business Damilola Bayonle -
Record Surge in NGX Foreign Trades Signals Renewed Global Confidence Foreign portfolio investors have staged an unprecedented comeback to the...

Forex Market Update: Naira Appreciates to N1,518 per Dollar

Business Damilola Bayonle -
The Nigerian naira extended its positive momentum on Monday, rebounding to a four-month high against the United States dollar...