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Markets - Page 26

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on Wednesday, December 17, indicating the naira neither depreciated nor appreciated against the United States currency. On Tuesday, December 16, the black market foreign exchange rate aggregator, Naira Rates, reported that the American

December 17, 2025

Markets

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Within the past two business days, the U.S. stock exchange has suffered a steep 10.5% decline, resulting in a market value loss of over $5 trillion. With a total valuation of approximately $50 trillion, experts are already predicting a recession in the

April 7, 2025

Markets

Decline In FX Gain Slows UBA’s Profit Growth

After an impressive period in 2023, which saw the United Bank for Africa (UBA) record an impressive 256.88 percent increase in profit after tax (PAT), the company’s net income growth slowed significantly to 26.14% in 2024. According to an analysis of the

April 7, 2025

Markets

Global Events: U.S. Tariff War Intensifies

The U.S. tariff war has taken a dramatic turn, with former President Donald Trump launching sweeping new import tariffs. This move aims to correct long-standing trade imbalances and revive domestic manufacturing. The new policy imposes a baseline 10% tariff on all imported

April 7, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th April 2025

What is the dollar-to-naira exchange rate on the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known as black market, as of 7th April 2025, is N1,565

April 7, 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th April 2025

April 6, 2025

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th April 2025

April 5, 2025

Markets

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

The stock market capitalisation depreciated slightly on Friday, 4 April 2025, to N66.14 trillion from N66.15 trillion reported the previous day. According to data obtained from the Nigerian Exchange Limited (NGX), the decline occurred as the all-share index (ASI) marginally dropped to

April 4, 2025

Markets

Total Energies’ Shareholders Lose N6.21bn Due To Decline In Investor Confidence

After failing to meet its projections in 2024, stock market investors’ confidence in Total Energies, an oil and gas company, dropped in the first quarter of 2025. The lack of interest among stock market investors led to the value of investments held

April 4, 2025

Business·Currency·Markets

Naira Crashes To N1,569 Per Dollar After Trump’s Trade Tariff Hike

The Nigerian naira experienced a significant depreciation on Thursday, 3 April, crashing to N1,569 per dollar at the official foreign exchange market. This comes a day after the United States President, Donald Trump, increased the global trade tariff by 10 per cent.

April 4, 2025

Markets

MTN Shares: Net FX Loss Of N925bn Costs MTN Shareholders Dividends

After a year of investing in MTN shares, hoping to receive dividends at the end of 2024, the company’s shareholders were not compensated. The company’s inability to pay shareholders dividends is linked to the net foreign exchange (FX) losses of N925.36 billion

April 4, 2025

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Markets - Page 26

Dollar Trades Flat In Black Market, Appreciates In Official Window

How Loss Of Over $5 Trillion In U.S. Stock Exchange Affects Nigeria

Decline In FX Gain Slows UBA’s Profit Growth

Global Events: U.S. Tariff War Intensifies

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 7th April 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 6th April 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 5th April 2025

Stock Market: Livestock Leads Gainers’ List, AXA Mansard Tops Losers

Total Energies’ Shareholders Lose N6.21bn Due To Decline In Investor Confidence

Naira Crashes To N1,569 Per Dollar After Trump’s Trade Tariff Hike

MTN Shares: Net FX Loss Of N925bn Costs MTN Shareholders Dividends

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Dollar Trades Flat In Black Market, Appreciates In Official Window

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SEC Orders Full Registration of Tradable Instruments by January 2026

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Markets - Page 26

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