Market

The new year has brought a wave of optimism to the crypto market, with most assets painted in green amidst robust buying pressures. Bitcoin, the leading cryptocurrency, surged vigorously on...

In a concerning development, the Naira experienced a significant depreciation, reaching an unprecedented low of N1,043.09 against the US dollar in the official foreign exchange market on Thursday. This marks...

On the first trading day after the Christmas holiday, the Nigerian Naira gained against the dollar, appreciating by 1.52% to close at N872.59 to a dollar at the official market....

Despite the U.S. dollar index hovering at a five-month low, the Naira remains entrenched at N1233/$ in the black market. The persistent weakness in the U.S. dollar is attributed to...

As we bask in the festive spirit, reminiscent of the wise journey of the Magi, investors on the Nigerian Stock Exchange have navigated a challenging yet promising economic terrain. Much...

On December 20, 2023, the forex turnover in Nigeria saw a decline of 21.45%, totaling $181.30 million, accompanied by a depreciation of the Nigerian naira against the dollar. The official...

On Tuesday, December 19, 2023, the Nigerian naira demonstrated further strength against the US dollar, closing at N844.85/$1 at the official market. This marks a significant appreciation of 5.15%, as...

On December 18, 2023, the Naira experienced an intraday high, reaching N1249/$1, showcasing a marginal gain against the US dollar. This upward movement was observed in both the official and...

After recording four bullish trade sessions last week, investors in the Nigerian Exchange gained N464 billion. The market opened on a positive note and sustained the sentiment till Thursday, with...

The naira gained ground against the US dollar in both the official and parallel markets. This is despite the fact that Nigeria's headline inflation rate, released today by the National...