Market

The Independent Petroleum Marketers Association of Nigeria says it is expecting that the Dangote refinery will reduce the price of its diesel further to say about N700 per litre. The...

At the ongoing Global Trade Review West Africa, experts delved into the reasons behind the absence of price reductions despite the recent strengthening of the naira in the FX market....

The Nigerian Exchange Group has said that it will be adopting technology to drive the capital-raising efforts of financial companies who are racing to meet the new capital requirements of...

The naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at the parallel market at the close of trading activities on...

The cryptocurrency market is beginning to rebound after a weekend crisis that saw Bitcoin fall below $63,000. As of the time of publication, CoinGecko data shows that Bitcoin (BTC) is...

The official exchange rate between the Naira and the Dollar witnessed a notable increase of 7.7% on Friday, closing the week at N1,142/$1. This closing rate marks the highest level...

Stock market investors lost N623bn last week as fund managers rebalanced their portfolios ahead of the first quarter results. The Nigerian capital market shed 1.08 per cent to 103,437.67 points,...

The Nigerian Exchange Group has indicated plans to raise about N10bn in additional capital via a rights issue. In a notice of Annual General Meeting, the group, which houses the...

The Nigerian naira has made significant gains against the British pound this year on the unofficial market, buoyed by inflows from Foreign Portfolio Investors (FPIs) and increasing confidence in the...

The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the...