The decision of the Britons to exit the European Union has thrown global economy in turmoil with uncertainties as to its impacts on the Nigerian economy...
International rating agency, Fitch Ratings Inc., yesterday downgraded Nigeria’s credit ratings, citing the likelihood of the country to miss its debt obligations. In a statement issued,...
Nigerian stocks surged for a third straight day on Thursday, reaching their highest since September as local investors jumped on it following the abandonment of Naira’s...
The Nigerian Naira gained against the US dollar in the new interbank market on Wednesday after the Central Bank of Nigeria sold dollar to stabilize the...
The Nigerian stock market rebounded on Tuesday as investors’ confidence in the market grew, after plunging N163 billion ($574 million) on Monday. The Nigerian Stock Exchange...
In April 2015, former President Goodluck Jonathan declined assenting his signature on the 2015 proposed amended 1999 Constitution citing irregularities in its passage, whittling down the...
HONG KONG/LONDON, June 17 (Fitch) Nigeria’s planned shift to a more flexible foreign-exchange regime could aid the sovereign’s adjustment to lower oil prices and support growth,...
Understanding Key Aspects of CBN’s New Forex Guidelines The Central Bank of Nigeria has been hailed by analysts for abandoning its Naira peg rate for...
Here are the 13 key points of CBN’s new forex policy announced on Wednesday. 1. The forex market is to operate as a single market structure...
Nigerian Stock Market Gains N205bn Nigerian stock market gained N205 billion on Thursday after 32 firms made the gainers chart. The Nigerian Stock Exchange All-Share Index...