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 $1 billion eurobond at 7.875 per cent due 2032...
FMDQ OTC posts N10.84trn turnover for January
The FMDQ OTC Securities Exchange posted transactions worth N10.84 trillion in January 2017 in fixed income and currency market. A...
NSE market indices drop further by 0.58%
The market indicators of the Nigerian Stock Exchange (NSE), on Wednesday, dropped further by 0.58 per cent, due to profit...
Naira maintains N450/$ at parallel market
The Naira on Wednesday remained stable at the parallel market, exchanging at N450 to a dollar. The Pound Sterling and...
Naira further regains strength at N425/$ in parallel market
The naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold...
Nigerian equity market posts 0.18% loss
Activities on the Nigerian Stock Exchange (NSE) on Tuesday closed negatively with the market indices dropping by 0.18 per cent...
Dangote Cement revenue hits N615.1bn, exports 400,000 metric tonnes to neighboring countries
Dangote Cement Plc has announced revenue of N615.1 billion for the financial year ended December 31, 2016. This was against...
Naira strengthens further against dollar, sells at N450/$
The Naira on Monday continued to strengthen against the dollar and other major currencies. The Nigerian currency gained N10 to...
Zenith Bank emerges investors’ delight as NSE transactions maintain positive trend
Activities reopened on the Nigerian Stock Exchange (NSE) on Monday on a bullish note, with the market capitalisation improving by...
Forex: Dollar to crash again as CBN floods market with $180m
In keeping with its determination to increase liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) on...
Forex intervention: CBN disburses $221.37m for BTA, school fees, others
The Central Bank of Nigeria (CBN) says it has sold $221.37 million to 16 banks through the interbank foreign exchange...
FG recalls sacked NCAA directors
The Federal Government has recalled two out of the nine directors who were sacked from the Nigerian Civil Aviation Authority...
FG appoints three Directors, General Manager for FAAN
The Federal Government has appointed three Directors and a General Manager for the Federal Airports Authority of Nigeria (FAAN). A...
Profit taking: NSE index down by 0.62%
Trading activities on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative trend with the...
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