The naira has been continually gaining little by little against the dollar at the official market. On Wednesday, the naira finished more robustly at the Nigerian Autonomous Foreign Exchange Market (NA...
Just today, there was another listing on the NGX. It was reported this afternoon that Transnational Corporation Plc (Transcorp Group) has taken the bold step to announce the listing of its subsidiary,...
Mexico City-based Alfa (ALFAA.MX) announced on Friday that will spin off the remaining of its 75% stake in Nemak (NEMAKA.MX), which caused the company's stock to surge 17%. Stakeholders are currently ...
It has been announced that foreign investors have committed $822.6 million to the country’s economy through the Nigerian Autonomous Foreign Exchange Market (NAFEM) window.Last weekend, Afrinvest Wes...
According to recent predictions, the naira is expected to stabilise this week, following different moderations from the Central Bank of Nigeria (CBN) that have reduced the pressure on demand following...
The Central Bank of Nigeria (CBN) has adjusted the Custom duties at the nation's seaports and airports from N1,617.96/$1 to N1,593.41/$1, a 1.5% reduction.Analysts stated that the reduction in Customs...
Amazon is set to buy a 16% minority stake in U.K. food delivery firm Deliveroo after the company was given approval. Before the approval was granted both companies were caught in a long drag convincin...
The naira showed strength at the official market, quoting N1,560.75/$, and this development has been attributed to the many reforms of the Central Bank of Nigeria (CBN).At the close of trading at the ...
Square (SQ) posted its fiscal second-quarter results on Tuesday. Following the announcement of its better-than-expected quarterly earnings results, shares of the company soared as high as 11% in after...
Local stocks at the Nigerian Stock Exchange started the week negatively after equities in Dangote Sugar Refinery Plc and 29 others dropped N239 billion in market capitalisation.The NGX All-Share Index...