Markets

Exchange Rate For Customs Cargo Clearance Declines To N1260/$1 As CBN’s Reforms Stabilize Forex Market

The exchange rate for Nigeria Customs Services’ cargo clearance has plunged, now standing at N1260.49/$ compared to N1330/$ in recent… Read More

4 weeks ago

Nigerian Stock Market Sees Dip Of N156bn Amidst Banking Sector Blues

The Nigerian Stock Market on Friday faced a downturn, with the NGX All-Share Index dipping by 298.41 points, settling at… Read More

4 weeks ago

Binance CEO Leads 2024 Crypto Billionaires List Despite Money Laundering Charges

The cryptocurrency market is basking in the glow of a resurgence, with the former CEO of Binance, standing tall as… Read More

4 weeks ago

NGX: Investors Lose N252bn Amidst Bearish Nigerian Exchange Trend

The Nigerian Exchange witnessed a continuation of bearish trading on Thursday, leading to a loss of N252 billion for stock… Read More

4 weeks ago

FX Crisis: How Manufacturers Lost N1.5tn In Six Months, Says MAN

The Manufacturers Association of Nigeria (MAN) has disclosed that its members have experienced losses amounting to at least N1.5tn over… Read More

4 weeks ago

NGX Bearish Trend Continues Amidst Bank Recapitalization Plans

The NGX All-Share Index experienced a downward trajectory, reflecting investor concerns over the central bank's proposed bank recapitalization strategies. Closing… Read More

4 weeks ago

Steady Dollar Supply Pushes Naira To N1,262/$, Delighting Nigerians

The Nigerian Naira continues its upward trend against the United States dollar at N1,262/$1, bringing smiles to many faces across… Read More

4 weeks ago

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

The Nigerian naira is flexing its muscle against the U.S. dollar, prompting revisions in customs import duty FX rates. Yesterday,… Read More

1 month ago

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Nigerian crude oil continues to hold its premium status in the global market, trading higher than the Federal Government's budget… Read More

1 month ago

Nigerian Exchange Market: Investors Gain N18trn In Q1 2024

The Nigerian Exchange Market experienced a surge in the first quarter of 2024, recording gains for investors and surpassing significant… Read More

1 month ago

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