Search Result for 'Nigerian Exchange'

Nigeria's oil production output in April 2024 increased by four percent to 1.28 million barrels per day, up from 1.23 million barrels per day in March, according to figures issued ...

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 International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told ...

The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira ...

According to the latest IMF staff country report for Nigeria, the International Monetary Fund (IMF) has suggested that global cryptocurrency trading platforms operating in Nigeria should undergo registration or licensing ...

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 International Monetary Fund has strongly urged the Central Bank of Nigeria to unwind the regulatory forbearance granted to Deposit Money Banks during the COVID-19 pandemic. It also cautioned against ...

Nigeria’s second-largest telecom operator, Airtel Africa Plc, has disclosed a loss after tax of $89m for its full year ending March 2024, attributing the downturn to a substantial foreign exchange ...

The naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees ...

The Central Bank of Nigeria has provided additional clarifications on the circular concerning the cash pooling of repatriated oil and gas export proceeds by international oil companies. The apex bank ...