By Udeme Akpan,    Energy Editor  Nigeria’s downstream petroleum regulator has approved a fresh round of fuel import permits for major oil marketers as concerns grow over domestic supply level. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) issued the new approvals to selected marketers for the third quarter of 2026, covering the importation of […]

By Peter Egwuatu THE Securities and Exchange Commission (SEC) has granted fresh approvals to three companies within the BGL Group, authorising them to resume operations across key segments of the Nigerian capital market. The approvals, contained in separate letters issued by the Commission, covering BGL Securities Limited, BGL Capital Limited and BGL Asset Management Limited, […]

•Urges Nigerians to protect currency By Emma Ujah, Abuja Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for and proper handling of the Naira among young Nigerians. Speaking at the inauguration of the club, comprising secondary school students in […]

The naira continued to trade within a relatively stable range against the United States dollar on Wednesday, June 24, 2026, across both the official and parallel foreign exchange markets.

ByElizabeth Adegbesan  Net Foreign exchange (forex) into the economy fell  by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month.  The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026. The report showed that  the decline in net forex was driven by […]