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ON THE MONEY
On the Money are stories and analysis tracking the movement of smart money across the capital and money market.
DMO sold N19.8 billion on the 91-day paper, N40.1 billion on the 182-day, and N82.9 billion on the 364-day bill.
The stock market closed today on a positive note, gaining by +0.06% to close at 23,709.44 points as against -1.06% recorded previously.
The Naira has appreciated to N386.94 against the US dollar at the Investor and Exporters (I&E) window.
This week, a total turnover of 1.662 billion shares worth N18.205 billion in 28,791 deals were traded by investors on the floor of the Exchange.
Years of declining revenues suggest there is a better way to value Guinness.
The world’s most popular digital coin has been having a good run, outperforming gold prices by +0.86% in the last 12 months.
The naira was today strengthened in the parallel market as it appreciated against the dollar.
President Muhammadu Buhari has announced the gradual easing of lockdown that was earlier announced in Lagos State, Federal Capital Territory (FCT) and Ogun State from May 4, 2020
The volatility of Nigeria’s foreign exchange market seems to be heading towards the 2015 crisis era as the naira has further depreciated to N450 to a dollar in the parallel market
As events in the oil market fallout, the US dollar hit a record high against the Naira in the non-deliverable forward's markets on Tuesday, April 21, 2020.
Africa Prudential Plc's profit after tax (PAT) dropped from N0.45 billion in Q1 2019 to N0.34 billion at the end of the first quarter in 2020.
Global crude oil prices rose early Friday morning after US President, Donald Trump, laid out unprecedented measures aimed at reviving the American economy which has been devastated by the Coronavirus pandemic.