Market

The Chief of Mission to the Taiwanese Government in Nigeria, Andy Liu, has disclosed that the value of trade between Nigeria and Taiwan was halved to $500m in 2023, from...

The official exchange rate between the naira and the dollar in the NAFEM Window dropped significantly to N1,533.99/$1 on Thursday, May 16, 2024. This represents a sharp 4.89% decline from...

Operatives of the Economic Financial Crimes Commission, on Tuesday, expanded its clampdown on Bureau De Change operators, arresting traders in Abuja, Lagos, Kano and Port Harcourt. This came as the...

The exchange rate between the Naira and the dollar on the official NAFEM window dropped to N1,520.4/$1 on Tuesday, May 14, 2024. This marks a 2.78% depreciation from the previous...

Investors lost N297bn on the Nigerian Exchange Limited on Monday, driven by dips in the share prices of Seplat, PZ Cussons and ETranzact. Seplat shed 10 per cent to close...

The Nigerian Exchange Limited has listed N4.08bn of the AVA Infrastructure Series 1 Fund on its trading platform. AVA Infrastructure Series 1 Fund’s 4,075 units were listed on the Main...

The Nigerian capital market declined by 1.36 per cent last week on the back of losses by PZ Cussons, McNichols, Secure Electronic Technology and 39 other equities. The All-Share Index...

The Nigerian currency has breached the N1,450 mark against the US dollar on the black market, indicating evolving dynamics in Nigeria’s fragile foreign exchange (FX) market. Market fundamentals suggest that...

The newly appointed Director General, Securities and Exchange Commission, Dr Emomotimi Agama, will meet with the local and international crypto exchanges on Monday to discuss and seek consensus on the...

The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira...