The bearish trading pattern maintained its grip on the Nigerian exchange on Wednesday resulting in a N673bn deduction …
Market
- Market
Official Exchange Rate Falls 17.4% in 5 Days, Hits Month-to-Date Low of N1300/$1
by Harry ChomsNigeria’s official exchange rate dropped to a month-to-date low of N1,300/$1 on Tuesday, April 23, 2024, according to …
- Business NewsMarketNews
Naira tumbles to N1,234/$ at official market, speculators resume hoarding
by Ikenna NgereThe naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange …
The Nigerian equity market was in the red zone throughout last week, as investors lost N1.57tn. According to …
The Independent Petroleum Marketers Association of Nigeria says it is expecting that the Dangote refinery will reduce the …
At the ongoing Global Trade Review West Africa, experts delved into the reasons behind the absence of price …
- Business NewsMarketNews
Capital market will adopt tech for bank recapitalisation exercise — NGX
by Ikenna NgereThe Nigerian Exchange Group has said that it will be adopting technology to drive the capital-raising efforts of …
The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and …
- Business NewsMarketNews
Bitcoin Rebounds Strongly, Surpassing $66,000 After Market Crash
by Ikenna NgereThe cryptocurrency market is beginning to rebound after a weekend crisis that saw Bitcoin fall below $63,000. As …
- Market
Naira Inches Closer to Sub-N1,000/$1 as Official Exchange Rate Closes at N1,142/$1
by Harry ChomsThe official exchange rate between the Naira and the Dollar witnessed a notable increase of 7.7% on Friday, …