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Markets - Page 66

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

Geregu Power Plc Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

Business·Markets·News

Geregu Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

Geregu Power Plc Leads Market Momentum Geregu Power Plc, one of Nigeria’s major energy players, experienced a market rally over two consecutive days, with its stock price jumping by 15%. From the start of trading on September 17, when shares traded at

September 20, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th September 2024

What is the Dollar to Naira Exchange rate at 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, especially the Aboki Fx as

September 20, 2024

Business·Markets·News·World News

Global Stock Market Surges After US Federal Reserve Rate Cut

Global Stock Markets React to US Federal Reserve’s Decision Stock markets around the world have shown a positive response following the first benchmark rate cut in the United States since 2020. On September 18, the US Federal Reserve reduced its benchmark rate

September 20, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Records First Loss After Positive Streak In Short Trading Week

Nigeria’s Equity Market Declines After Early Gains Nigeria’s equity market recorded its first loss of the week on Thursday, marking a shift from a series of positive closes seen in the earlier trading sessions. The NGX All-Share Index (ASI) fell by 0.19

September 20, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th September 2024

September 19, 2024

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Equity Market Sees Steady Growth Amid Mixed Stock Performance The Nigerian equities market continued its upward journey on Wednesday, driven primarily by investor interest in banking, insurance, and oil & gas stocks. The market still recorded gains despite some profit-taking in the

September 19, 2024

Business·Currency·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th September 2024

September 18, 2024

Guinness Nigeria Plc Gains NGX Approval For Block Divestment Deal Worth N103bn

Business·Markets·News

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Guinness Gets NGX Green Light for N103 Billion Block Divestment Guinness Nigeria Plc has secured the approval of the Nigerian Exchange Limited (NGX) for a significant block divestment deal valued at N103 billion. This move involves the sale of 1.27 billion ordinary

September 18, 2024

Business·Markets·News

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

Equity Market Opens with Gains Amid Mixed Signals Nigeria’s equity market started the shortened trading week on a positive note, driven by investor interest in banking and consumer goods stocks. Despite significant profit-taking in insurance, industrial, and oil & gas stocks, the

September 18, 2024

Africa·Markets·News·World News

Ghana’s Cedi Set For Potential Rebound As US Federal Reserve Rate Cut Approaches

Cedi’s Recent Performance Shows Promise Ghana’s cedi, which had depreciated over 27% against the US dollar earlier in 2024, is showing signs of recovery. The upcoming US Federal Reserve rate cut on September 18, 2024, could weaken the dollar and further boost

September 17, 2024

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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 66

Dollar Trades Flat In Black Market, Appreciates In Official Window

Geregu Surges With 15% Gain In 2 Days, Hits N2.875trn Market Cap

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th September 2024

Global Stock Market Surges After US Federal Reserve Rate Cut

Nigeria’s Equity Market Records First Loss After Positive Streak In Short Trading Week

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 19th September 2024

Nigeria’s Equity Market Rises By 0.56% Amid Profit-Taking In Consumer Goods, Industrial Stocks

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 18th September 2024

Guinness Gains NGX Approval For Block Divestment Deal Worth N103bn

Nigeria’s Equity Market Rises By 0.23%, Investors Focus On Long-Term Prospects

Ghana’s Cedi Set For Potential Rebound As US Federal Reserve Rate Cut Approaches

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Markets - Page 66

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