Despite election uncertainties, the Nigerian stock market rose by 4.82% in February 2023. According to NGX data, the All-Share index increased from 53,238.67 points in January 2023 to 55,806.26 points...
Read moreDetailsInvestors' decision to sell stocks in the oil and gas sector caused the Nigerian Exchange (NGX) Limited to fall 0.25 percent on Friday. Because of the losses printed by Oando...
Read moreDetailsOn Wednesday, March 1, the Naira strengthened against the US dollar in the Peer-2-Peer (P2P), parallel market, and Investors and Exporters (I&E) segments of the foreign exchange market. The market...
Read moreDetailsThe Nigerian stock market extended its bullish trend on Wednesday, with the All Share Index rising 0.69% to close at 55,328.42 points, up from 54,949.21 points the day before. The...
Read moreDetailsThe Nigerian Exchange Limited (NGX) stock market segment closed positive last week, gaining N624 billion in market capitalisation as the country braces for the 2023 general elections. As a result,...
Read moreDetailsThe bullish momentum that saw Bitcoin reach a high of $25,000 in 2023 appears to have subsided. According to Nairametrics, 58,468 investors liquidated their positions during the trading session, resulting...
Read moreDetailsOn Saturday, February 25th, 2023, the black market exchange rate between the naira and the US dollar increased to an average of N760/$1. This represents a 0.65% increase over the...
Read moreDetailsNigerian stock market indices rose 0.61 percent on Thursday, boosted by bargain-hunting across the exchange's major sectors. It was observed that investors diverted their attention away from political risks and...
Read moreDetailsOn Friday, February 24th, 2023, the naira depreciated against the US dollar in the black market, trading at an average of N765/$1, a 0.39% decrease from the previous trading session's...
Read moreDetailsOn the black market, the Naira plummets dramatically against the US dollar on February 21, 2023, as detailed below. On Tuesday, 21st February 2023, the naira depreciated dramatically against the...
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