Another Year of Losses for Stock Market Investors The last trading day at the Nigerian stock market will be Friday, December 30, 2016. Going by the...
Naira Closes at 485/dollar, Three Days to Year End The naira was sold for 485 per dollar on the streets of Lagos and Abuja on Tuesday,...
Naira Improves to N485 Against US Dollar The Nigerian Naira improved against the US dollar at the parallel market during the Christmas celebration as businesses wind...
CBN Sells N40bn Treasury Bills The Central Bank of Nigeria said it had raised N39.72bn ($130.57m) at a Treasury bill sale, with yields unchanged on the...
Interbank Rate Jumps to 50% on CBN Forex Sales The overnight lending rate rose sharply to around 50 per cent on Friday, from an average of...
Forex Scarcity: Naira May Hit N500/dollar Next Week The naira is seen depreciating further and may hit the 500 mark to the United States dollar at...
FBN Capital Gets Global Recognition FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc, has been named the ‘Best Local Investment...
Equities Gains N16bn, OTC FX Futures Contract Matures The equities market appreciated slightly on Thursday by N16bn as the Nigerian Stock Exchange market capitalisation closed at...
Nigeria’s Debt Service Bill Tops N4tr in Three Years By the end of 2017, Nigeria would have spent N4.1 trillion on debt servicing. The 2017 budget...
Naira Slides to N492 at Parallel Market The Naira continued to depreciate against the greenback at the parallel market as demand for the dollars outstrips forex...
