Key market themes to watch this week
Businessam StaffMay 14, 2018
Domestic market It will certainly be an eventful trading week for the Nigerian markets, with key inflation data in focus. The
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Expectations of declines in yields to buoy fixed income market
Businessam StaffMay 14, 2018
Market analysts say they expect a decline in treasury bills yields to boost the fixed income market this week, noting that investor
Analysts see equities market rebounding in near-term on attractive entry opportunities
Adesola AfolabiMay 14, 2018
Market analysts anticipate a rebound in the equities market in the near term, despite the bearish performance of last week, saying
Naira trades stable at parallel markets while money market rates surge as CBN mops up N291bn via OMO
Adesola AfolabiMay 10, 2018
The Nigerian naira closed flat at N363 to the United States dollar Thursday at the parallel market, while it depreciated marginally by
Naira drops at parallel, official window trades at N363/$1 as players anticipate tighter liquidity on Thursday
Adesola AfolabiMay 9, 2018
The Nigerian naira fell by 0.28 percent and 0.14 percent when it exchanged for N363 and N361.14 to one United States dollar on the
New AMERC chair charges member countries on investor education, protection, as SEC Nigeria receives applause
Adesola AfolabiMay 9, 2018
The new chair of Africa and Middle East Regional Committee (AMERC), Paul Muthaura, has encouraged AMERC member countries to continue
Nigeria’s central bank continues intervention in forex market with $210m
Businessam StaffMay 8, 2018
Nigeria’s central bank, the CBN, said on Tuesday it had intervened in the country’s foreign exchange market with as much
Nigerian naira trades lower on Monday
Businessam StaffMay 7, 2018
The dollar to naira rate depreciated by 0.04 percent as the Naira settled at N360.91 in the I&E FX window, while it remained flat
West African exchanges converge for seamless cross border listings
Businessam StaffMay 7, 2018
The West African Securities Regulatory Authorities (WASRA) has agreed to converge existing rules of Capital Market regulatory agencies
Mutual Benefits, GSK, emerge worst performing stocks in April as 70 stocks trade flat
Businessam StaffMay 6, 2018
A decline in the share prices of 67 stocks listed on the Nigerian Stock Exchange (NSE) in the month of April led to a 0.57 percent dip