Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
NIGERIA: Parallel Market Exchange Rate (12/07/2016)
Another bad day for Naira as Dollar gained against the Naira.
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Analysis Of NSE 2015 Results: Retail Investors Might Not Like This
It must feel good to be a council member or employee of the Nigerian Stock Exchange (NSE), who does nothing...
Read moreDetailsRegulatory Intervention In Skye Bank Plc: Outcome Of Failure In Corporate Governance
On Monday July 4, 2016, the Central Bank of Nigeria (CBN) released a Press Statement on Skye Bank to inform...
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BOOM: Fitch Downgrades UBA & First Bank
Fitch Ratings yesterdayv downgraded First Bank of Nigeria Ltd's (FBN) and United Bank for Africa's (UBA) the Long-Term Foreign Currency...
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Three Reasons Why Diesel Cost Has Risen 100% In 4 Months (From N107 to N210)
On May 11 2016, the Minister of State for Petroleum Dr Ibe Kachikwu announced an increase in the price of...
Read moreDetailsNIGERIA: Parallel Market Exchange Rate (11/07/2016)
The Dollar gained against the Naira.
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Nigerian Stocks: Summary of Trading Today (11/07/2016)
The All Share Index dropped -0.14% as trading closed on a negative note
Read moreDetailsHow To Beat This Crushing Nigerian Inflation
The recently released consumer price index (CPI) indicates that inflation in Nigeria is not only alive and well, it is...
Read moreDetailsState Of Nigerian Banks: Massive Sell-Offs Expected This Week
Nigerian Stocks closed the week ended July 10 on a bearish note as the market closed -1.5%. The stock market...
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The Impossible Trinity and The Naira
The decision by the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime in May sparked a...
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