Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
CBN has this STERN message for schools and landlords who charge in dollars
The Central Bank of Nigeria on Tuesday warned schools, landlords and other business enterprises against demanding foreign currencies for the...
Read more
B-O-O-M: External reserves drop to $29.9billion for the first time since 2006
Nigeria's external reserves has dropped to $29.9billion for the first time since 2006. Data from the CBN website shows our...
Read moreAll Share Index defy election fear, post 3rd consecutive day of gains (Full price list)
The equities market recorded its 3rd consecutive day of gains, belying expectations that market might suffer markedly in the lead...
Read more
MPC- CBN leaves benchmark rate unchanced
The Central Bank of Nigeria (CBN) left its benchmark interest rate unchanged at 13 percent on Tuesday, saying tight monetary...
Read more
Analysis: How good was FCMB’s result?
First City Monument Bank Plc (FCMB) reported a 15% YoY rise in gross earnings to N148 billion (9M 14: +10%...
Read more
Nigeria’s bonds fall to all time low
Not long ago, Nigerian bonds were hailed as the best performers in Africa, but that rally risks coming to a...
Read more
DEAL: MSCI takes over Nigerian Stock Exchange Indexes
MSCI Inc. (NYSE: MSCI), a leading provider of investment decision support tools worldwide, and The Nigerian Stock Exchange (NSE), today...
Read moreHow Nigerian stocks performed today (23/3/2015)
The Nigerian stock exchange on the first trading day of the week sustained the northward move seen at the last...
Read moreThese two stocks will be marked down for dividend this week
United Capital (former UBA Capital) - The company proposed a dividend per share of 20kobo last week following the release...
Read moreBest and Worst Nigerian stocks last week (16-20/3/2015)
The equities market closed negative for the second week running despite the continued inflow of earning releases and corporate actions....
Read more
