Latest news on business in Nigeria – Page 9 of 28

Naira Appreciates To N869/$1 As Experts Debate Stability

Naira demonstrated fortitude by appreciating to N869.13/$1, thereby, gaining further ground against the dollar at the official market on Friday, marking its second advance in the New Year.

Emmanuel Ochayi

January 6, 2024

Business·News

Why Foreign Investment Continues To Decline In Nigeria – KPMG

KPMG has highlighted reasons for decline in Foreign Direct Investment and the impact on Nigeria’s economy.

Victor Ezeja

January 5, 2024

Business·News

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

the Nigerian Exchange Limited (NGX) has unveiled its collaborative initiative with the National Pension Commission (PenCom) to solidify the NGX Pension Broad Index (NGXPENBRD).

Emmanuel Ochayi

January 5, 2024

Business·News

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

Dangote Cement, a major player in Africa's cement industry, has commenced two new commercial paper series, Series 10 and 11, aiming to raise approximately N3.42 billion and N56.59 billion respectively.

Emmanuel Ochayi

January 5, 2024

NGX ASI Further Drops By 0.67%, As BUA Cement, Eterna Among Top Losers

News

NGX Sustains Bullish Trend, Banking Stocks Drive Market Activity As ASI Rises By 0.62%

In a continued display of bullish momentum, the Nigerian Exchange Limited witnessed another day of gains as investors amassed N265 billion on Thursday's trading.

Emmanuel Ochayi

January 5, 2024

Naira vs Dollar: What To Expect This Week

Business·Currency

Naira Falls To N1,035/$1, As Depreciation Persists

The Nigerian Naira encountered a steep fall, culminating in a close at N1,035.12 per dollar in the official market on January 3, 2024, indicating a 4.72% decline from the previous closure. The

Emmanuel Ochayi

January 3, 2024

Business·News

2024 Budget: Nigerian Govt Allocates N100bn To Consumer Credit Fund Amid Rising Inflation

Federal Government has earmarked N100 billion for Consumer Credit Fund in the 2024 budget

Emmanuel Ochayi

January 2, 2024

Business·Markets

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

The Nigerian Exchange Limited (NGX) witnessed an upsurge in the equity market, delivering over N13 trillion in gains for investors in 2023. This exponential growth nearly tripled the previous year’s figures, marking

Emmanuel Ochayi

January 1, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Currency·News

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Nigerian Naira closed the year at an unprecedented exchange rate of N907.11 per dollar at the official market, signifying a 26.8% depreciation since June 14th, amid a tumultuous year for Africa's largest

Emmanuel Ochayi

December 31, 2023

Business·Currency

Naira To Sustain Depreciation In 2024 – Analysis Reveals

A grim forecast by Bloomberg L.P. has surfaced, signaling a continued slump of the Naira throughout 2024.

Emmanuel Ochayi

December 29, 2023

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Latest news on business in Nigeria - Page 9

Naira Appreciates To N869/$1 As Experts Debate Stability

Why Foreign Investment Continues To Decline In Nigeria – KPMG

Nigerian Exchange Limited, PenCom Partner To Fortify Equity Investment For PFAs

Dangote Cement, Rand Merchant Bank Begin Commercial Paper Issuances On FMDQ Exchange

NGX Sustains Bullish Trend, Banking Stocks Drive Market Activity As ASI Rises By 0.62%

Naira Falls To N1,035/$1, As Depreciation Persists

2024 Budget: Nigerian Govt Allocates N100bn To Consumer Credit Fund Amid Rising Inflation

NGX Equity Market Surges To N13 Trillion Gains In 2023: A Year Of Optimism, Caution

Exchange Rate Closes Year At Historic Low Of N907/$1 In Official Market

Naira To Sustain Depreciation In 2024 – Analysis Reveals

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