Gaps in multiple forex rates narrow, naira opens at N364/$ Wednesday
Niyi JacobsJune 21, 2017
Strong interventions by Central Bank of Nigeria (CBN) geared towards achieving stability amidst convergence in the exchange rate of
Nigerian bourse: Big caps push market to close positive despite declining turnover
Niyi JacobsJune 20, 2017
The Nigerian equities market Tuesday sustained positive sentiments for five consecutive trading sessions as big caps helped the
CBN boosts forex market with $195m, insists on transparency among stakeholders
Businessam StaffJune 20, 2017
Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of
Naira firms at parallel market, trades N362/$ on the street
Niyi JacobsJune 19, 2017
The naira on Monday marginally appreciated against international currencies at the parallel market trading at N362 to the dollar on
Nigeria’s equities market remains bullish as index rose by 0.96%
Niyi JacobsJune 19, 2017
The Nigerian Equities market sustained its bullish performance in Monday’s trading session as the benchmark index rose 0.96 percent to
CBN offers $100 million at special foreign currency auction
Businessam StaffJune 19, 2017
Nigeria’s central bank has indicated that it would offer about $100 million at a special foreign currency auction this week, as part
Equities market remains bullish as capitalization peaks at N11.69trn
Niyi JacobsJune 16, 2017
The Nigerian equities market maintained its upward trend as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market
Nigeria’s equity market maintains bullish run, all-share index up 0.59%
Businessam StaffJune 15, 2017
The Nigerian equity market benchmark index rose 0.59 percent Thursday to close 33,797.84 points on sustained buying interest in
Naira rates converge on Thursday to open at N367/$
Niyi JacobsJune 15, 2017
The foreign exchange market on Thursday opened with a convergence between Investors and Exporters Window (I&E) and the black
Naira appreciates 0.27% at parallel market, slumps 0.02% at interbank as CBN injects $418m Tuesday
Businessam StaffJune 13, 2017
The naira Tuesday had mixed fortunes at the foreign exchange market, appreciating by 0.27 percent at the parallel and recording marked