The Central Bank of Nigeria (CBN) today imposed a limit on how much local banks can hold in foreign currencies. It expressed concern about the increase of forex exposures on its balance sheet followin...
The Central Bank of Nigeria recently announced that it has successfully cleared the backlog of foreign exchange owed by foreign airlines. The apex bank said it has successfully removed all verified cl...
The Nigerian Stock Exchange investors witnessed another change as the 13-day bullish trend was halted as market capitalisation lost N856 billion following a decline from Dangote Sugar Refinery Plc and...
On Monday, the naira fell to N1348.63/$ at the Nigerian Autonomous Foreign Exchange Market. The decline shows a 51.21% drop from how the N891.90/$ traded last Friday at the official market. This data ...
At the end of Monday's trading session, Nigerian Stock Exchange (NGX) investors recorded a gain of N1.24 trillion. Market capitalisation finished at N57.28 trillion, bringing the market gain towards t...
The Nigerian stock exchange finished last week on a positive note as stock investors got a total of 4.3 trillion naira after five consecutive week trading days where investors won all through.Last wee...
The Central Bank of Nigeria (CBN) has announced the disbursement of $500 million to different sectors of the economy to follow up on its recent payment of over $2 billion to clear outstanding debts in...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...
The acting Chief Executive Officer of the Nigeria Exchange Limited (NGX), Mr Jude Chiemeka, has revealed that the stock market contributed to raising over N3.85 Trillion to finance different governmen...
Nigerian stocks continue in their bullish run this week as they finished yesterday on the green side after gaining N1.62 trillion, which signifies a 3% increase to close at N55.58 trillion. The previo...