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Money & Markets
Oando Loses N18bn As Equities Market Close Negative
Oando Plc has lost N18bn of its market capitalization after the Nigerian equities market closed negative.
The…
Investors Lost N464.3bn After FTSE Russell Downgraded Nigerian Stock Exchange
Investors in Nigeria’s capital market lost at least N464.3bn in a single day as the equities market reacted to the…
Stop Spending Gains Made From Forex Revaluation, CBN Warns Banks
… Directs Banks To Build Buffers Against Economic Shocks
The Central Bank of Nigeria has warned banks to stop…
Naira Drops To N935 Per Dollar As Forex Crisis Worsens
The Naira has slumped across the black market segment of the foreign exchange market trading at N935 per US…
BDC Operators Dare CBN, Sell Forex Above 2.5% Official Spread As Naira Falls To…
Nigerian black-market speculators have defied the orders of the Central Bank of Nigeria (CBN) as they buy and sell…
First Bank Shareholders Suffer N80.76bn Loss After Electing Otedola As Director
First Bank of Nigeria Holdings Plc (FBNH) shareholders have lost at least N80.76bn in the past week as negative…
Over 120 Companies Delisted From Nigerian Stock Exchange In 21 Years
A review conducted by THE WHISTLER on the quoted companies on the Nigerian Exchange Limited has shown that 124…
Currency Crisis Looms In Ghana As $1 Exchanges For 100,000 In Real Terms — Expert
The Ghanaian Cedi (GH₵) may be heading for the Zimbabwean currency crisis where 175 quadrillion Zimbabwean dollars…
CBN To Rename I&E Window To Nigerian Foreign Exchange Market Amid Forex…
The Central Bank of Nigeria is planning to rename the Investors' and Exporters' (I&E) Window to the Nigerian…
Tinubu Admits Poor Approach To Foreign Exchange Management, Promises Intervention
President Bola Ahmed Tinubu has admitted ‘lag’ in the administration of the new foreign exchange policy as well as…