• Naira
  • December 31, 2024
  • 9 views
Naira Slides as Demand Pressures Resurface in FX Market

Naira Slides as Demand Pressures Resurface in FX Market The naira slid against the US dollar as the currency market faced mild demand pressure. Demand for foreign currency grew at…

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  • Naira
  • December 31, 2024
  • 8 views
Tinubu Commends NNPCL over Warri Refinery’s Re-opening

Tinubu Commends NNPCL over Warri Refinery’s Re-opening President Bola Tinubu has expressed joy over the re-opening of the Warri Refining and Petrochemical Company (WRPC) by the Nigerian National Petroleum Company…

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  • Naira
  • December 31, 2024
  • 13 views
Nigerian Exchange Grows by N987bn to N62.90trn

Nigerian Exchange Grows by N987bn to N62.90trn The equities segment of the Nigerian Exchange (NGX) grew by more than N987 billion on Monday in a post-Santa Claus rally amidst a…

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  • Naira
  • December 31, 2024
  • 8 views
Oil Rises Amidst Demand, Supply Imbalance

Oil Rises Amidst Demand, Supply Imbalance Oil prices rose in the global commodities market on Monday amidst demand and supply imbalance. The market has seen significant fluctuation in top crude…

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  • Naira
  • December 31, 2024
  • 7 views
Tariff: Telecoms Operators to Begin Service Shedding – ALTON

Tariff: Telecoms Operators to Begin Service Shedding – ALTON The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Monday said its members would start service shedding if nothing was…

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  • Naira
  • December 31, 2024
  • 7 views
MRS Oil Hits 52-Week High after Deal with Dangote Refinery

MRS Oil Hits 52-Week High after Deal with Dangote Refinery MRS Oil market value jumped by 21% despite a short trading session in the stock market last week. The stock…

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  • Naira
  • December 31, 2024
  • 6 views
MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings

MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings MTN Nigeria Plc has again crossed N4 trillion market value in the equities segment of the Nigerian Exchange following a positive…

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  • Naira
  • December 31, 2024
  • 4 views
Investors Appetite for Financial Stocks Rise in Nigerian Market

Investors Appetite for Financial Stocks Rise in Nigerian Market Investors showed significant buying interest on some financial stocks – banking and insurance names – in the local exchange last week.…

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  • Naira
  • December 31, 2024
  • 12 views
FCMB Public Offer Records 34.3% Over Subscription

FCMB Public Offer Records 34.3% Over Subscription Diversified financial services group, FCMB Plc, has announced a decision to allot 19.802 billion ordinary shares of N0.50 each to its news shareholders…

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  • Naira
  • December 31, 2024
  • 8 views
Naira Rises as Nigeria Renews $2bn FX Swap Deal with China

Naira Rises as Nigeria Renews $2bn FX Swap Deal with China The naira saw a weekly gain in the foreign exchange markets amidst a $2 billion currency swap deal between…

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