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Money & Markets
Nigeria’s Stock Market Records First Weekly Fall Of 2024 Amidst Forex Crisis
A drop in equity purchases by local and foreign investors has pushed the stock market down by 2.45 per cent,…
No Plan To Convert $30bn Domiciliary Account Deposits To Naira— CBN
The Central Bank of Nigeria has denied reports that it planned to convert a $30bn domiciliary deposit to naira.
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Dangote, Seplat, BUA’s Wealth Rise As NGX Market Capitalisation Appreciates To…
… Banking Index Performs Badly
The Nigerian Exchange Group (NGX) Banking Index underperformed during the week…
Nigeria’s Stock Market Raised N3.85trn Capital For Firms, Govt In 2023 — NGX…
The Acting Chief Executive Officer (CEO), Nigerian Exchange Ltd. (NGX), Mr Jude Chiemeka, has stated that the…
NGX Seeks FG’s Approval To List Dollar-Denominated Companies
The Nigerian Exchange Limited (NGX) has called on the Federal Government to adjust regulations to allow the…
eNaira: How CBN, Others Should Manage Digital Currency-IMF
The International Monetary Fund (IMF) has advised central banks to manage their digital currency in a manner that…
Morgan Stanley Downgrades Nigeria’s Market Rating As Investors Panic Over Foreign…
Morgan Stanley Capital International (MSCI) Inc, a leading provider of critical decision support tools and…
We Will Weed Out Fraudulent Investors From Nigeria’s Capital Market — FG
Vice President Kashim Shettima, has said the Federal Government will remove fraudulent investors from Nigeria's…
Nigerian Breweries, Stanbic IBTC, Three Other Companies Lost Over N156bn In One…
The share prices of five companies dropped in the past week forcing the Nigerian Exchange Ltd to close on a…
Dollar Overtakes Euro, Exchanges For N1,155 As Forex Crisis Worsens
The United States dollar has overtaken the Euro in the Bureau de Change segment of the foreign exchange market,…