Nigerian stock market surged N117bn on Monday after 18 stocks led by Dangote Cement Plc. recorded significant gain. Dangote Cement Plc, Ecobank Transnational Incorporated, Fidson Healthcare...
China Cuts Reserve Requirement Ratio China’s central bank cut the amount of cash the nation’s lenders must lock away as reserves, stepping up efforts to cushion...
Champion Breweries Plc, FCMB Group Plc, Ecobank Transnational Incorporated, Stanbic IBTC Holdings Plc and Eterna Plc emerged the top five gainers after the close of trading...
The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International...
Foreign currency speculators, who launched an unprecedented attack against the naira in the last two weeks, got their fingers burnt on Tuesday when the nation’s currency...
The naira rose to 375 against the dollar at the parallel market on Monday as the demand for the greenback began to drop. The demand for...
Gains recorded by Ecobank Transnational Incorporated, Seplat Petroleum Development Company Plc and 16 others on Thursday helped to end a two-day rout in the equities market...
The acute scarcity of foreign exchange, especially the dollar, continued on Wednesday with the naira closing at 372 against the United States currency at the parallel...
Emerging-nation currencies dropped to their lowest level in two weeks and a gauge of energy shares halted three days of advances after concern about a global...
The Asset Management Corporation of Nigeria on Monday said it was seeking prospective investors to buy Keystone Bank Limited, the last of the three nationalised banks...
