Market

Oil prices fell more than 4% in the year's first trade, weighed down by weak Chinese demand data, a bleak economic outlook, and a stronger US dollar. Brent futures fell...

On Tuesday, January 3, 2023, the Naira strengthened in the parallel market due to increased foreign currencies' inflows into the foreign exchange (forex) market segment. According to Entrepreneurng's checks on...

On the official Investor and Exporter window, Nigeria's exchange rate closed the year 2022 at an official rate of N461.5/$1. This represents a 5.7% drop in one year. The official...

On Tuesday, the Naira strengthened against the US dollar in the parallel market segment of the foreign exchange (forex) market. In the black market yesterday, the Nigerian currency was exchanged...

The Nigerian stock market ended last week on a high note, with 0.79% growth week on week. The market has returned 16.36% year to date, with the All Share Index...

On Friday, December 23, 2022, the last trading session before Christmas on the floor of the Nigerian Exchange (NGX) Limited ended on a positive note. This was due to continued...

The Nigerian Naira depreciated further against the US dollar in the forex market on Friday, amid a renewed FX liquidity crisis. The local currency was under pressure in the market's...

According to the Nigerian Exchange (NGX) Limited, the NGX Made of Africa Awards will spur the next phase of capital market innovation, attracting more investors into the space. The exchange...

Normalcy appears to have returned to the Nigerian currency market, as the Naira continued to appreciate against the US dollar across the ecosystem. In the Investors and Exporters (I&E) segment...

The Naira ended the day mixed, strengthening against the US dollar in the Peer-to-Peer (P2P) and black market arms of the foreign exchange (forex) market but weakening in the Investors...