Nigerian naira inches toward N400/$ depreciates 0.12% at investors, exporters window
Adesola AfolabiMay 31, 2018
The Nigerian naira depreciated on Wednesday against the dollar by 0.12 percent to N362.02 in the investors and exporters (IEW)–
Nigeria’s central bank sustains forex market intervention
Businessam StaffMay 30, 2018
The Central Bank of Nigeria (CBN) Wednesday, again sustained its supply in the inter-bank foreign exchange market with the sum of $210
Nigeria bourse suspends Paints and Coatings Manufacturers’ shares as firm prepares to delist
Adesola AfolabiMay 30, 2018
The ordinary shares of Paints & Coatings Manufacturers Plc. have been suspended from trading on the floor of the Nigerian Stock
Nigerian investors warned against suspicious payment proposal by Partnership Investment Company
Adesola AfolabiMay 30, 2018
Nigeria’s Securities and Exchange Commission (SEC) has sent caution notice to investors on suspicious activities by Partnership
FX market seen stable on the CBN’s continuous intervention
Adesola AfolabiMay 28, 2018
This week, the market would trade stable on the back of CBN continued weekly FX intervention sales. Despite the onset of the holiday
Expectations of rate moderation to buoy treasury bills market
Businessam StaffMay 28, 2018
With the Central Bank of Nigeria (CBN) scheduled to repay N99.2 billion maturing treasury bills this week and only rolling over N49.6
Nigeria’s central bank directs BDCs to access foreign exchange window thrice weekly
Businessam StaffMay 27, 2018
Central Bank of Nigeria has mandated all Bureau de Change Operators in the country to access foreign exchange at least three times
Transactions at NSE decline 22% in April
Adesola AfolabiMay 27, 2018
Total transactions at the Nigerian Stock Exchange (NSE) decreased by 22.11 percent from N272.48 billion recorded in March 2018 to
Nigeria central bank reflate forex market with $100m, warns against speculative purchases
Businessam StaffMay 24, 2018
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate
Nigerian naira trades flat at N366/$1, dips 0.06% at I&E window
Adesola AfolabiMay 24, 2018
The exchange rates of the Nigerian naira to the American dollar closed flat Thursday at N366 in the parallel market, while it weakened