Money Market
MPC votes to retain benchmark interest rate at 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has voted unanimously to...
Read moreICPC Chairman Says “Private Sector Aids 60% Illicit Financial Flows Out Of Africa”
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, has said...
Read moreNaira gains at official foreign exchange market despite decline in dollar supply
The exchange rate between the naira and the US dollar closed at N411.5/$1 at the official Investors and Exporters window....
Read moreSWOOTs gain 2.33% in Market Cap
The combined market capitalization of the SWOOT (Stocks worth over one trillion naira) appreciated by 2.33% to...
Read moreNaira Weakens to Four-Year Low as Nigeria’s Dollar Push Fails
Nigeria’s currency weakened to a four-year low in the parallel market after the central bank’s efforts to coax banks to...
Read moreAVERAGE MONTHLY EXCHANGE TO NAIRA ANALYSIS
The monthly average exchange rate of the naira per unit of foreign currency shows how naira fairs in relation to...
Read moreNaira falls at official market despite 44.3% increase in dollar supply
Monday 19th July 2021: The exchange rate between the naira and the US dollar closed at N411.67/$1 at...
Read moreNaira gains at black market
Naira gained marginally against the U.S. dollar at the parallel market on Monday after witnessing a slight depreciation in the...
Read moreFutures Rise With Stocks Ahead of Fed Minutes: Markets Wrap
U.S. equity-index futures rose along with stocks in Europe as investors awaited minutes from the Federal Reserve’s latest meeting for...
Read moreU.S. Stock Futures Steady; OPEC+ Spat Boosts Oil: Markets Wrap
U.S. equity-index futures were steady, and crude oil traded above $75 per barrel, as investors weighed the potential for a...
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