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Markets - Page 78

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

Nigerian Banks Face New FX Gain Tax: Impact On Profitability, Capital Adequacy

Business·Markets·News

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Nigerian banks are at risk of facing profits and capital adequacy declines as the Federal Government plans to tax 50 per cent of profits realised from foreign exchange (FX) revaluation in 2023. President Bola Tinubu has asked legislators for an upward review

July 19, 2024

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

Business·Markets·News

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

Focus on Equities Market Action Nigeria’s equity market rebounded strongly on Thursday, rising by 0.47 per cent or N263 billion. This surge is attributed to corporate announcements, including interim dividends and bonus shares, which have bolstered investor confidence and buying activity. Interim

July 19, 2024

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

Business·Markets·News

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

What is the Dollar to Naira Exchange rate at the black market, especially the Aboki fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, especially the Aboki fx, in Nigeria, is N1,620 for 1

July 19, 2024

Business·Markets·News

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

Nigeria’s Stock Market Decline Nigeria’s stock market witnessed a decline on Wednesday, marking its first negative close of the week. The equities market decreased by 0.04 per cent as second quarter (Q2) financial reports trickled in, prompting investors to react to corporate

July 18, 2024

Business·Markets·News

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

July 18, 2024

Business·Markets·News

Nigeria’s Equity Market Sees N62bn Gains As United Capital, UACN, Others Lead Charge

Nigeria’s equity market saw a modest increase on Tuesday, with a 0.11% rise driven by buy-side actions, enhancing the market value by N62 billion. Market Performance and Key Drivers The market experienced a boost on Tuesday as United Capital, UACN, and Cutix

July 17, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th July 2024

What is the Dollar to Naira Exchange rate at the black market popularly known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, popularly known as the parallel market

July 17, 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

Stock Market Rallies With 0.30% Gains In Major Stocks

Investors Rejoice as Stock Market Rebounds Investors in the Nigerian stock market experienced a significant boost as the Lagos bourse rallied by 0.30 per cent on Monday. Remarkable gains were seen in stocks such as Ikeja Hotel, Cutix, RedStar Express, and Sunu

July 16, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the black market, also known as the parallel market

July 16, 2024

Business·Markets·News

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2024

July 15, 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 78

Dollar Trades Flat In Black Market, Appreciates In Official Window

Nigerian Banks New FX Gain Tax: Impact On Profitability, Capital Adequacy

Equity Market Surges As Investors Eye Interim Dividends, Bonus Shares

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

Nigeria’s Stock Market Sees First Negative Close Of The Week Amidst Q2 Financial Reports

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

Nigeria’s Equity Market Sees N62bn Gains As United Capital, UACN, Others Lead Charge

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 17th July 2024

Stock Market Rallies With 0.30% Gains In Major Stocks

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th July 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 15th July 2024

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Markets - Page 78

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