Markets

Nigerian Exchange: Equity Market Rallies As Investors Gain N26bn After Slump

The Nigerian Exchange's All-Share Index rose by 0.05% after a protracted period of negative trade, providing investors with a gain… Read More

1 week ago

Naira Falls To N1,420/$1 At Parallel Market, Traders Cite Increased Demand

The value of the naira versus the US dollar declined further, trading at N1,309/$ on the official market and N1,420… Read More

1 week ago

NGX:  Investors Loose N200bn In Value, ASI Drops By 353.51 Points

The Nigerian stock market, represented by the NGX, faced a downturn today, with pessimism overshadowing buying interests as investors lose… Read More

1 week ago

Naira Depreciates To N1,300/$1, Weakens By 17.49% In 5 Days

The Nigerian Naira has taken a hit, falling to a month-to-date low of N1,300/$1 on Tuesday, April 23, 2024. This… Read More

1 week ago

Stations Continue To Sell At N1,400 As Dangote Refinery Slashes Diesel Prices To N940

Oil marketers across Nigeria continue to sell diesel at higher prices, citing various reasons for the delay in reducing pump… Read More

2 weeks ago

Just In: CBN Resumes Fx Sale To BDCs At N1,021/$1

The Central Bank of Nigeria (CBN) has reestablished the sale of foreign exchange (forex) to Bureau De Change (BDC) operators.… Read More

2 weeks ago

Naira Slumps To N1,234/$1 At Official Market

The Nigerian Naira witnessed a decline against the United States dollar, hitting N1,234 at the official foreign exchange market on… Read More

2 weeks ago

Naira Pauses Winning Streak After 6 Weeks, Maintains Above N1200/$1 In Unofficial Market

The Nigerian naira hit pause on its triumphant climb against the American dollar this week, maintaining a stronghold above the… Read More

2 weeks ago

Equity Market Sees Red As Investors Suffers N1.6trn Loss In 1 Week

Last week, the Nigerian equity market took a downturn, shedding N1.57tn in value. Analysts attribute this decline to various factors,… Read More

2 weeks ago

Dollar Rise Spurs EFCC Crackdown On Currency Manipulation By Cryptocurrency Platforms, Others

The Economic and Financial Crimes Commission (EFCC) has intensified its efforts to combat currency manipulation, particularly in light of the… Read More

2 weeks ago

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