Business - Page 61

Nigeria's Equity Market Declines As Profit-Taking Halts Rally

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Market Records First Negative Close This Week Nigeria’s equity market experienced its first negative close this week as investors adopted a more cautious approach. On Wednesday, the market decreased by 0.32%, shedding

Emmanuel Ochayi

3 months ago

Business·Currency·Markets

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

After weeks of intense monetary policy actions to stabilize the value of the naira, the local currency on Wednesday, 28 August dropped to ₦1606.56 per dollar. This is the lowest in three

Victor Ezeja

3 months ago

Business·Latest News

NCC Sets September 14 For SIM-NIN Linkage, 66 Million Lines At Risk Of Disconnection

NCC Enforces New Deadline for SIM-NIN Linkage The Nigerian Communications Commission (NCC) has announced a new deadline of September 14, 2024, for the mandatory linkage of Subscriber Identification Modules (SIMs) to National

Emmanuel Ochayi

3 months ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 24th October 2024

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th August 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market,

Victor Ezeja

3 months ago

Banks’ Recapitalisation Drives 44% Surge In Nigerian Equities Market

Business·Latest News·Markets

Banks’ Recapitalisation Drives 44% Surge In Nigeria’s Equity Market

Banks’ Recapitalisation Spurs Market Growth The ongoing banks’ recapitalisation exercise has significantly impacted Nigeria’s equities market, with transactions surging by 44% in the first seven months of 2024. Deals on the Nigerian

Emmanuel Ochayi

3 months ago

Nigeria's Stock Market Dips By 0.21% As Investors Await Key MPC's Decisions

Business·Latest News·Markets

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

Nigeria’s Equity Market Reacts to Positive Q2 GDP Report Nigeria’s equity market recorded its second consecutive day of gains on Tuesday, with the All-Share Index (ASI) rising by 0.49%, translating to a

Emmanuel Ochayi

3 months ago

Business·Latest News·Markets

FMDQ Exchange Records N30.63trn Secondary Market Turnover In July

FMDQ Exchange Sees Significant Growth in Secondary Market Turnover The FMDQ Exchange experienced a notable surge in secondary market turnover in July 2024, reaching N30.63 trillion. This increase represents a month-on-month (MoM)

Emmanuel Ochayi

3 months ago

Inflation Control: CBN Governor Defends Interest Rate Hike As Crucial For Economic Stability

Business

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

The Central Bank of Nigeria (CBN) has announced changes in its lending and deposit facilities, in a bid to manage liquidity in the nation’s financial system. The CBN lifted the suspension of

Victor Ezeja

3 months ago

Business·FEATURES·Latest News

Why GDP Growth May Not Improve Living Standards For Nigerians- Firm

Rising GDP Growth: Caution Advised Investment and advisory firm, Comercio Partners, has urged Nigerians to be cautious despite the rising Gross Domestic Product (GDP) growth rate. The firm warned that the economic

Emmanuel Ochayi

3 months ago

Business·Latest News·Oil & Gas

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

Financial analyst and educator, Kalu Aja, has asserted that the Nigeria National Petroleum Company Limited (NNPCL) could have become at least a mini ARAMCO if it was set up like the Nigeria

Victor Ezeja

3 months ago

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Business - Page 61

Nigeria’s Equity Market Declines By 0.32% As Investors Shift To Risk-Averse Strategy

Naira Drops To N1606 Per Dollar, Lowest In 3 Weeks At Official Market

NCC Sets September 14 For SIM-NIN Linkage, 66 Million Lines At Risk Of Disconnection

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 28th August 2024

Banks’ Recapitalisation Drives 44% Surge In Nigeria’s Equity Market

Nigeria’s Equity Market Climbs 0.49% as Investors Respond to Q2 GDP Growth

FMDQ Exchange Records N30.63trn Secondary Market Turnover In July

Inflation: How CBN’s New Deposit, Lending Rates Will Affect Liquidity

Why GDP Growth May Not Improve Living Standards For Nigerians- Firm

NNPCL Would Be Mini Aramco Today If Set Up Like NLNG – Expert

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