Market

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...

The bullish trading pattern of 2023 extended into the first quarter of 2024, resulting in a N18.203tn gain for investors in the Nigerian Exchange. The exchange had closed 2023 with...

The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase...

Twelve banks will be unable to utilise about N4.8tn in retained earnings in their coffers to strengthen their capital base in line with the new Central Bank of Nigeria directive...