The Nigerian Naira traded 1,000/$ for the second time in 2024 on the official foreign exchange (FX) market.On Tuesday, the Naira fell to 1,089.51/$ from how it traded the previous day, which was 856.5...
The Nigerian Stock Exchange, formerly the Lagos Stock Exchange, was introduced on September 15, 1960, and has since been a breeding ground for fearsome investors to thrive. Investors have been rewarde...
On Wednesday, The Federal Reservers vote to keep the rate unchanged and at zero until 2022. This is basically because of the current recession caused by the outbreak of coronavirus pandemic. The centr...
The Debt Management Office recently released the result for the FGN bond auction for January 2024.From the recent results, the Federal Government raised about N418.197 billion from four auctioned bond...
Transcorp Hotels Plc has joined SWOOT as it reaches N1 trillion in market capitalisation on the Nigerian Exchange Limited.According to some reports, Transcorp Hotels Plc offered investors earlier this...
For the first time since 2011, Gold price jumps over $1,800 an ounce. Analysts also expect more gains as investors begin to stock up on the asset and hold its value while the coronavirus continues to ...
The Social Security Administration, earlier this week, announced that the cost-of-living benefits will be 1.3% in 2021. The increase only amounts to $20 per month, for the average retiremen...
According to this week's analysis, there has been a forecast that the current bearish trend, which lasted last week, will continue this week as investors look for coverage in fixed-income instruments ...
Geregu Power Plc has reported its record for the 2023 financial year, and it shows that the company witnessed its highest revenue growth last year following an increase in consumer demand for electric...
As the naira continues its battle against the dollar, the Central Bank of Nigeria (CBN) has swiftly adjusted the exchange rate for computing customs duties at the nation’s seaports. This has caused ...