Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Market
Equities Market Dips N467.02bn In Three-day
The Nigerian equities market has depreciated by N467.02 billion in three-day as investors profit-taking rock mid-small capitalised companies.
Specifically, the market capitalisation closed on Thursday at N58.653 trillion, a decline of…
Naira Appreciates 1.3% To close at N1,262.85/$
The naira on Wednesday appreciated by 1.3 percent to close at N1,262.85 against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
According to the FMDQ Exchange, the local currency at the official market traded high…
Equities Market Gain N18.2trn Amid Inflation, Insecurity In Q1 2024
The equities market may have benefitted from the bold reforms of the current administration following the N18.2 trillion increase in its capitalisation in the first quarter of 2024.
As of the close of trading on 28th March 2024, market…
CBN Sells Forex To BDCs At N1,251/$1, Fixes 1.5% Interest Rate For Operators
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that they sold $10,000 to each BDC at a rate of N1,251 per US dollar.
The bank disclosed this in a circular addressed to the…
Naria Appreciates 3.11% To N1,408.04/$
The Naira on Monday appreciated by 3.11 percent against the Dollar at Nigerian Autonomous Foreign Exchange Market (NAFEM) Window, closing at a rate of N1,408.04.
The local currency has been on positive trajectory lately amid Central Bank…
Analysts Anticipate Further Interest Rate Tightening At MPC Meeting
Analysts have anticipated further tightening of the Monetary Policy Rate (MPR) or interest rate hike by the members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at its meeting which will be held Monday to…
Naira Appreciates 2.63%, Close At N1,453.28/Dollar
Naira on Thursday at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window appreciated by 2.63 percent to close at N1,453.28 against the dollar.
The local currency at the official rate traded at N1,598.00 and N1,300.00 high and…
Naira Appreciates 1.88% To N1,572.68/$ At Official Market
The Naira strengthened by 1.88 percent at the official market, to close at N1,572.68 against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM).
In the Fixed income space, the Treasury Bills secondary market closed…
Dangote Upholds Consumer’s Rights, Lauds Lagos Govt. On Advocacy
The Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), Fatima Aliko Dangote has said consumers have the right to accurate, transparent, and easily understandable information about products and services, …
Equities Market Gains 3.71% WoW As Investors Anticipate Dividend Payout
The domestic equities market closed the week on a positive note as investors positioned in dividend-paying stocks on the Nigerian Exchange Limited (NGX).
Notably, the NGX All-Share Index rose by 3.71 percent week-on-week (W-O-W) to close…