Naira Drops to 493 as Dollar Demand Rises The naira fell further against the United States dollar at the parallel market on Friday to 493, from...
NNPC Commissions Audit of Refineries The processes and processing units of Nigeria’s three refineries in Kaduna, Port Harcourt and Warri are currently being audited by licensors....
Naira May Reverse Loss This Week The naira is seen strengthening in the near term as Bureau De Change operators expect dollar supplies from international money...
Stock Market Records First Gain This Year The Nigerian equities market recorded its first gain on Friday after three straight days of losses since the beginning...
FG to Borrow N430bn via Bonds in Q1 The Federal Government is planning to borrow between N340bn and N430bn of local currency bonds during the first...
Naira Weakens Against Major Currencies It was a bad outing for the Nigerian currency on Thursday at the parallel market as it weakened against all three...
CBN Borrows N173bn via Treasury Bills The Central Bank of Nigeria sold N172.85bn ($550m) at its first Treasury bill sale of the year on Wednesday with...
External Reserves Rise Further to N26.2bn The country’s external reserves rose to $26.2bn on January 4, 2017, up from $25.8bn on December 30, 2016, the latest...
NAHCO, Guinness, Dangote Flour Lead N98bn Market Loss The Nigerian Aviation Handling Company Plc, Guinness Nigeria Plc and Dangote Flour Plc emerged as the top three...
FG Sets Aside N177bn to Retire Maturing Bonds The Federal Government has set aside a total of N177.46bn in the 2017 budget as a sinking fund...
