Trading activities at the Nigerian Stock Exchange (NSE) for the fifth consecutive days on Friday, sustained a negative trend with the market capitalisation dropping by N250...
The naira, Wednesday, depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar, Tuesday,...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...
Nigeria might be the richest economy in Africa but that does not impress hard-nosed investors who buy and sell shares at the local stock exchange. The...
The Naira on Monday depreciated by 2 per cent against the dollar at the parallel market. The naira shed N5 to exchange at N280 to the...
The Managing Director of the Federal Airports Authority of Nigeria, Engr Saleh Dunoma has stated that the Katsina airport terminal would be commissioned any moment from...
The new year begins with Nigerian forex stock falling by $91,571,740 in 24 hours. The $91.6 million fall in Nigeria’s reserves is about the biggest decline...
The Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market. The greenback lost N2 to the...
Banks’ revenues will drop by about N100 bilion this year, with the implementation of the zero Commission On Transactions (COT) policy. It is the last phase...
Nigeria’s external reserves now stands at $29.30 billion as at December 23, 2015. Data from the Central Bank of Nigeria’s website shows that the reserves declined...
The Director, Monetary Policy of the Central Bank of Nigeria, Mr Moses Tule, has been speaking on the recent restrictions on the use of naira debit...
A Nigerian economist has stated his opinions about the 2016 national budget presented to the National Assembly on Tuesday. “Putting it in a very awkward position,...
