Naira strenghtens further at the parallel market

Naira appreciated to N453 to a dollar on Thursday, May 28, 2020, which represents a N2 gain when compared to ...

market's, Bears clawing down on the naira, hits N425 to $1

Bears claw at bank stocks, as CBN cuts interest rate

May 28, 2020

Market turnover finished lower compared to the previous trading session, as total volume and values dipped by 40.13% and 38.60% ...

MTN Nigeria, MTN Nigeria Communications Plc. begins N100 billion commercial paper issuance today, MTN Nigeria Communications Plc: increase in other income, others boost revenues.

MTN Nigeria begins N100 billion commercial paper issuance today

by Olumide Adesina

May 28, 2020

MTN Nigeria Communications Plc proposed Commercial Paper Issuance Offer begins today and is scheduled to close on Thursday, June 4, 2020.

COVID-19 could save naira from depreciating further, Many odds against the naira, Naira forwards and parallel market crash puts pressure on official exchange rate, Naira appreciates to N386.94 to $1 at investor and exporters window. , Naira set for recovery as ABCON issues guideline to members for forex sales resumption, Naira falls against the Euro, British pound sterling but gains against the U.S dollar, Naira falls at black market, dollar liquidity remains relatively low , Forex, Naira drops further at the black market despite appreciating at I&E window

Naira drops to N460 against dollar

by Olumide Adesina

May 28, 2020

Naira has depreciated against the US dollar, as it dropped from N455/$1 to N460/$1 on Thursday afternoon.

Naira appreciates at parallel market

by Chike Olisah

May 27, 2020

Naira appreciated to N455 to a dollar on Wednesday, the first working day of the week after the 2-day sallah ...

How your stocks performed last week, Bears rule at the stock market, lose N174.37 billion on Wednesday , Nigerian bourse up 0.54% as Investors gain N63 billionBears dominate Nigerian bourse Index down 0.94%, trading volume remains low,Bears dominate Nigeria bourse trading session, ASI down 2.02%, Bulls lift Nigerian bourse, Index up 1.24%, Investors gain N133 billion, Banking Stocks stop the raging bulls at the Nigerian Stock Market index down 0.01%

Nigerian Breweries, Stanbic, Guinness, Dangote party with N8.59 billion on stock market bullish run

by Olumide Adesina

May 27, 2020

Market sentiment, as measured by market breadth, was positive as 33 tickers gained, compared to 11 losers.

No let off as Naira depreciates further in FX market, Naira depreciates at Investors & exporters window, forex turnover up by over 117%, Naira drops to N462, as currency liquidity stays thin at the black market

Naira drops to N462 at parallel market

by Olumide Adesina

May 26, 2020

Rates in the parallel market will remain under pressure and we might see it above the N460 /$ levels it ...

CBN pumps funds into FOREX market through Wholesale SMIS

by Olumide Adesina

May 19, 2020

the Central Bank of Nigeria surprised the market by injecting estimated $90-$100million to the system.

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira drops to N456 at parallel market

by Olumide Adesina

May 19, 2020

Naira it dropped against the dollar today it was selling at N456 to S1 as individuals rush in to meet ...

American Dollar remains king as stimulus fails to stop global financial market panic,Demand for “Inflow dollars” drive exchange rate to as high as $N420/$1 compared to “Cash dollars”, U.S dollar drops against major currencies, tension rises between America and China, U.S dollar gains against major currencies, America threatens China with sanctions., U.S dollar down against major currencies, more countries start lifting of COVID-19 induced lockdowns, The U.S. Dollar Index that tracks the American dollar dropped 0.14% to 96.5 as global Investors and traders appetite for risk increased in momentum, Digitization of U.S Dollar Faces U.S Senate Hearing, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demand, U.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demandU.S dollar Remains Neutral as Strong Economic Macros Weaken its demand

U.S dollar drops against major currencies, tension rises between America and China

by Olumide Adesina

May 18, 2020

The U.S. Dollar Index that tracks the American dollar against a basket of other major currencies dropped 0.10% to trade at 100.338

Tag: On the Money