Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Nigerian Stocks: Summary of Trading (15/08/2016)
Nigerian stocks closed trading on a positive note as the all share index rose 0.26%. Market capitalization at the close of...
Read moreDetails
Nigerian Stocks: Summary of Trading (12/08/2016)
Nigerian stocks closed trading on a negative note
Read moreDetailsNigerian Stocks: Summary of Trading Today (05/08/2016)
Nigerian stocks closed trading on a negative note as the all share index dropped -1.17%. Market capitalization at the close of...
Read moreDetails
Exchange rate hits N400/$1 at the parallel market as summer holiday hikes demand
Nigeria's exchange rate dropped to a new low of N400 to the $1 at the parallel market on Thursday. This...
Read moreDetails
CBN to lose N7.6 billion in tax payers money for selling dollars to Hajj pilgrims @N197
The Central Bank of Nigeria has issued a circular instructing commercial banks to sell dollars to Pilgrims going to the...
Read moreDetails
Analysis: Mtn Nigeria from fines to losses
Not all roses are red
Read moreDetailsNigerian Stocks: Summary of Trading Today (04/08/2016)
Nigerian stocks closed trading on a positive note as the all share index rose 0.23%. Market capitalization at the close...
Read moreDetails
Controversies trail CBN’s decision to clamp down on foreign money transfers
The Central Bank of Nigeria has revoked the licenses of all money transfer companies, except three, citing "the greater economic...
Read moreDetails
This chart chronicles the policy failures that led to the sinking of the Naira
The year 2016 will also go down as the year where the naira was raped nonstop and left for dead...
Read moreDetails
Oando takes a N28 billion hit in exchange rate loss
Losses continue to mount
Read moreDetails
