Recession has reduced Nigeria’s GDP to $354b, says Soludo
Former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, said the size of Nigeria's Gross Domestic Product...
Naira trades at N455/$ at black market
The Naira traded at N455 to a dollar amid liquidity boost in the Bureau de Change and parallel market segments...
Nigerian Stock Exchange Index rallied by 0.74%
Transactions ended positively on the Nigerian Stock Exchange (NSE) on Thursday with the All-Share Index growing by 0.74 per cent,...
CBN, NCC move to intervene in Etisalat loan issue
The Nigeria Communication Commission (NCC) on Thursday said the Commission and the Central Bank of Nigeria (CBN) had moved to...
Naira inches up against dollar at parallel market
The Naira on Thursday marginally appreciated against the dollar at the parallel market. The Nigerian currency gained three points to...
GTBank declares N165.14bn profit in 2016
Guaranty Trust Bank (GTBank), on Wednesday, posted a profit before tax of N165. 14 billion for the financial year ended...
Blue chips shed prices on NSE
Some blue chips on Wednesday recorded price losses on the Nigerian Stock Exchange (NSE) with the market indicators sliding by 0.57...
Forex: CBN pumps additional $100m into market
The Central Bank of Nigeria (CBN), on Tuesday, injected another sum of $100 million into the interbank foreign exchange market,...
Dangote Cement: NSE indices up by 2.23%
Dangote Cement on Tuesday recorded the highest price gain on the Nigerian Stock Exchange (NSE), lifting the market indices by...
Customs agents, shippers disagree over NCS policy on vehicle duty
The Association of Nigerian Licensed Customs Agents (ANLCA) and the Shippers’ Association, Lagos State have disagreed over the one-month grace...
NSE indices decline by 1.72%
The market indices of Nigerian Stock Exchange (NSE) on Monday declined by 1.72 per cent in spite of improved 2016...
Dollar crashes again at parallel market
The greenback on Monday crashed against the Naira, as the Nigerian currency gained five points at the parallel market. The...
CBN directs banks to honour dollar application within 48 hours
The Central Bank of Nigeria (CBN) has directed Money Deposit Banks to henceforth process and meet the demand for dollars...
NSE reverses bearish trend, posts 0.73% growth
Activities on the Nigerian Stock Exchange (NSE) closed for the week on positive note on Friday, reversing the three-day negative...
Naira loses steam against dollar, sells at N465/$
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation. The nation’s currency...
Panic sale as CBN pumps in dollars again
Forex traders have been set on panic button as news filtered that the Central Bank of Nigeria will, this weekend,...
Poor liquidity: NSE indices down by 1.40% in a day
Free fall of equities persisted on the Nigerian Stock Exchange on Thursday with the market indices shedding 1.40 per cent...
DMO lists first FG $1bn foreign currency bond on NSE
The Debt Management Office (DMO) on Thursday listed the Federal Government $1 billion eurobond at 7.875 per cent due 2032...
FMDQ OTC posts N10.84trn turnover for January
The FMDQ OTC Securities Exchange posted transactions worth N10.84 trillion in January 2017 in fixed income and currency market. A...
NSE market indices drop further by 0.58%
The market indicators of the Nigerian Stock Exchange (NSE), on Wednesday, dropped further by 0.58 per cent, due to profit...
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