Money Market
Nigerian Stock Market Dips Slightly as LASACO Leads Decliners, CAP Tops Gainers
The Nigerian All-Share Index (ASI) experienced a marginal decline on January 13, closing at 105,367.25 points, down 0.08% from the...
Read moreNGX Weekly Report: Investors Gain N1.137 Trillion as Market Maintains Upward Trend
The Nigerian Exchange Ltd. (NGX) delivered strong performance this week, with the All-Share Index (ASI) rising by 1.80% to close...
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BDC Operators Struggle to Meet N2 Billion Recapitalisation Target Despite Extension
Many Bureau De Change (BDC) operators are finding it challenging to meet the Central Bank of Nigeria's (CBN) new N2...
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Nigerians Pay Up to ₦3,000 to Withdraw ₦100,000 from POS Agents
Despite efforts by the Central Bank of Nigeria (CBN) to regulate cash access, Point-of-Sale (POS) agents remain the most reliable...
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Nigeria Allocates $1.25 Billion in Forex for Fuel Imports in Nine Months
The Central Bank of Nigeria (CBN) revealed that $1.25 billion was allocated for fuel imports and related items between January...
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Nigerian Stock Market Reverses Gains, Loses ₦152 Billion
The Nigerian stock market experienced its first loss of the year, with the market capitalization declining by ₦152 billion on...
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Naira Depreciates to N1,665/$ in Parallel Market, Margins Widen
The Naira weakened further in the parallel market on Monday, trading at N1,665 per dollar, down from N1,660/$ recorded over...
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Forex Stability Sparks Optimism for Nigeria’s Telecom Sector in 2025
Stakeholders in Nigeria’s telecommunications industry are projecting increased investment in 2025, fueled by the relative stability observed in the foreign...
Read moreStock Market Starts 2025 on a High, Gains ₦155 Billion
The Nigerian stock market began the new year on a strong footing, delivering an impressive ₦155 billion gain to investors...
Read moreUS Dollar Index Reaches 2-Year High as G5 Currencies Weaken; Naira Remain Resilient
The US Dollar Index (DXY) surged to its strongest level in two years, closing at 107.74 points on December 18,...
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Popular Story
CBN Grants Temporary Relief: Importers Can Use Expired NAFDAC Licences Until End of February
Nigerian Companies Secure Over $2.5 Billion in World Bank Contracts, Rank Fifth Globally
Nigerian Stock Market Extends Gains with N126 Billion Increase Despite Lower Volume
PayPal Launches in Nigeria Through Paga Partnership, Enabling International Payment
Naira Strengthens to N1,400.66/$ in Official Market as US Dollar Weakens Globally
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