Naira bounces back after one-week depreciation
The Naira on Tuesday appreciated against the dollar at the parallel market after a sustained one-week depreciation. The Nigerian currency...
FMDQ Securities recorded N20. 99trn transactions in two months
The FMDQ OTC Securities Exchange recorded N22. 99 trillion worth of transactions in fixed income and currency markets in the first two...
Equity market resumes trading in April with 0.95% loss
Transactions opened on the Nigerian Stock Exchange (NSE) for the first trading day in April on a bearish trend with...
Naira falls further to N395/$
The naira, on Monday, depreciated further at the black market in spite of the commitment of the Central Bank of...
CBN continues forex liquidity boost with additional $240m
The Central Bank of Nigeria (CBN) on Monday continued boosting the country’s foreign exchange liquidity with 240 million dollars, part...
CBN reiterates determination to sustain foreign exchange liquidity
The Central Bank of Nigeria (CBN), on Sunday, reiterated its determination to sustain the provision of foreign exchange with a...
Dangote Sugar posts N14.4bn profit, declares 60k dividend
Dangote Sugar Plc has announced a profit after tax of N14.4 billion for the financial year ended Dec. 31, 2016,...
Transactions record mixed performance on NSE
Activities on the Nigerian Stock Exchange (NSE), on Friday, recorded mixed performance with the turnover volume closing higher, while market...
Dollars: High demand raises rate to N380
Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to...
NSE trading reverses negative trend, Index up by 1.05%
Transactions on the Nigerian Stock Exchange (NSE) changed on Thursday after a three-day consecutive loss with the All-Share Index improving...
Market capitalisation shed N40bn amid confidence crisis
Profit taking persisted on the Nigerian Stock Exchange (NSE) on Wednesday with the market capitalisation dropping by N49 billion in one...
NSE market indicators drop 0.31%
Activities on the Nigerian Stock Exchange (NSE) on Tuesday maintained a negative posture as the market indices dropped by 0.31...
CBN to sell dollar to banks at N357, directs banks to sell at N360
The Central Bank of Nigeria (CBN), on Monday, said it would sell dollars to banks at N357 and direct them...
Kudos for CBN as Naira gains 12.36 % in one week
The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last one week. The Naira...
Dollar records further loss, sells for N390 at parallel market
The value of the Dollar continued to diminish against the Naira as the Nigerian currency was traded at N390 on...
Zenith Bank shareholders commend bank’s good performance
Some shareholders of Zenith Bank Plc on Wednesday commended the bank for improved performance in its las financial year ended...
Operators lose as dollar falls to N400 at parallel market
Following the Central Bank of Nigeria’s (CBN) intervention in foreign exchange (forex), the Naira traded N400 to a dollar at...
NSE market capitalisation depreciates further by N15bn
The free fall of equities continued on the Nigerian Stock Exchange (NSE) on Wednesday with the market capitalisation depreciating further...
Naira gains N20 against dollar
The naira appreciated significantly on Wednesday to trade at N410 to the dollar. The local currency gained N20 to exchange...
Naira to sell at N415/$ as CBN sustains intervention
The naira will trade at N415 to a dollar as the series of intervention by the Central Bank of Nigeria...
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