Economy
Quick Recap: Latest Economic, Business, and Financial Market Highlights in Nigeria – 041126
Catch up on the latest economic, business, and financial market developments in Nigeria as of 041126, compiled by Proshare.
#Foreign Exchange
Economy
Nigeria Targets $1 Billion Forex Savings and 110,000 Jobs through Sugar Production
The Nigerian government plans to invest in sugar production as a means to generate significant foreign exchange earnings and create jobs for over 110,000 Nigerians.
Markets
Naira Appreciates Against Dollar at Official FX Market
The Nigerian naira has appreciated against the United States dollar, trading at N1,352.8710, at the Central Bank of Nigeria's (CBN) official foreign exchange (FX) window.
Business
Why Airlines in Nigeria Face Price Volatility and Supply Interruptions
Former FAAN MD identifies key factors affecting airline operations and finances.
Nigeria
Nigeria’s Remittance Inflows Reach a Record $1.57 Billion
Nigeria's remittance inflows reached a record high of $1.57 billion in the third quarter of 2026, according to 21st Century Chronicle.
Abuja
Nigeria’s FX Demand Surges to 15-Year High of $18.34bn in Q2 2026
Nigeria's foreign exchange utilisation surged to a 15-year high of $18.34bn in Q2 2026, driven by a sharp increase in demand for financial services.
Economy
Nigerian Ports Authority’s Export Reforms Aimed at Enhancing Foreign Exchange Inflow
The Nigerian Ports Authority (NPA) is working to eliminate bottlenecks hindering non-oil exports, with the aim of boosting foreign exchange inflows.
Markets
NFEM Records Impressive $12.98bn Turnover amid Robust Trading Activity
Nigeria's foreign exchange market sees significant activity in September, with a total turnover of $12.98 billion reported.
Business
Nigerian Ports Authority (NPA) Aims to Streamline Exports and Boost Foreign Exchange Inflow
The Nigerian Ports Authority (NPA) is taking steps to address export bottlenecks and increase foreign exchange inflows, according to multiple reports.
Abuja
The Cost of Our Consumption Habits: A Look at Nigeria’s Imports
A deep dive into the economic implications of our consumption culture, as reported by THISDAYLIVE.
News
CBN Reveals Nigeria’s Net External Reserve Stands at $859 Million
The Central Bank of Nigeria (CBN) has disclosed that the nation's Net External Reserve had plummeted to a record low of $859 million in Q2 2023, raising concerns…
