Naira Gains Ground as Official Rates Hold Steady

Naira Holds Steady as Official Rate Hits N1,356

The Naira maintained a fragile stability against the US Dollar on Friday, March 27, 2026. At the Nigerian Foreign Exchange Market (NFEM), the currency traded within a narrow band of ₦1,350 to ₦1,370. Mid-market indicators placed the official rate at approximately ₦1,356, reflecting a period of uncharacteristic calm. This follows months of aggressive interventions by…

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NGX Feb Boom: Transactions Hit N1.54T

  Foreign portfolio investment flowing into Nigeria’s stock market surged by 39.4% in February 2026, rising to N66.71 billion from N47.86 billion recorded in the same period of 2025, according to data released by the Nigerian Exchange Limited. The NGX report, released on Wednesday, shows a broad uptick in market activity, with total transactions at…

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Not Done Yet”: Postecoglou Eyes Epic Comeback

  Ange Postecoglou has declared he is ready to return to football management, insisting his recent difficult experiences have only sharpened his hunger to succeed at the highest level. The 60-year-old Australian, who has been without a club since October after a brief and troubled stint at Nottingham Forest, spoke candidly to Australian sports radio…

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Africa Wins Historic UN Vote On Slavery

  Nigeria joined Ghana and 122 other member states of the United Nations General Assembly on Wednesday to adopt a landmark resolution declaring the transatlantic slave trade the gravest crime against humanity and calling for reparatory justice for people of African descent. The resolution, led by Ghana, was adopted with 123 votes in favour, while…

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Nigeria Risks Losing Cargo to Regional Rivals - SEREC

The Ukraine-Russia and Middle East Crises: A Trader’s Experience on MetricsHour

The geopolitical landscape, particularly in regions as pivotal as Eastern Europe and the Middle East, has always had a profound impact on global commodity markets. The ongoing crises involving Ukraine and Russia, alongside persistent volatility in the Middle East, exemplify how geopolitical tensions ripple across global commodity trading floors. At the heart of the Ukraine-Russia…

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