Amidst sustained sell-offs, the Nigerian equity market experienced a significant downturn, losing a whopping N289 billion in market capitalization on Monday. The All-Share Index, a barometer...
The Nigerian stock market known as the Nigerian Exchange Limited (NGX) moderated by N247 billion last week following weeks of positive close. During the week, investors...
Nadeem Anjarwalla, a prominent executive of cryptocurrency exchange Binance, has managed to escape custody in Nigeria, where he was detained amidst allegations of tax evasion and...
Amid escalating geopolitical tensions following the devastating terrorist attacks in Moscow, global oil markets rose with Brent crude oil hitting a $86 price level. The tragic...
Following three consecutive days of bearish trading, the Nigerian Exchange Limited (NGX) rebounded on Thursday to register a gain of N74 billion, effectively erasing the previous...
The Nigerian Naira has made a recovery to N1,382.35 against the US Dollar following the Central Bank of Nigeria’s (CBN) clearance of a $7 billion forex...
As diplomatic efforts intensify to broker a ceasefire in Gaza, global oil markets remain steady with Brent crude maintaining its position above $85 per barrel. The...
Oil prices rebounded on Thursday despite signals from the U.S. Federal Reserve indicating a potential prolongation of higher interest rates. Brent crude oil, against which Nigeria...
The Nigerian Naira has appreciated against the U.S. Dollar on the parallel market with operators quoting a buy price of N1400/$1 for holders of dollars looking...
The Nigerian equities market closed in the red on Wednesday as FBN Holdings, Vitafoam, and Berger Paints led the market downturn. Nigerian equities suffered a combined...