Naira Records ₦2.60 Weekly Loss against Dollar
Lagos: The Naira ended the week on a weaker note on Friday, slipping by ₦2.60 against the U.S. dollar at the official foreign exchange market. It settled at N1,450.42, according…
Lagos: The Naira ended the week on a weaker note on Friday, slipping by ₦2.60 against the U.S. dollar at the official foreign exchange market. It settled at N1,450.42, according…
Lagos: The Nigerian stock market closed bullish on Thursday, resulting in gains of N97 billion for investors. This marked the third consecutive positive rally in the week. The positive performance…
Lagos: The equity market closed bearish on Wednesday, recording a loss of N216 billion. Selloffs in stocks such as Universal Insurance, ABC Transport, Livingtrust Mortgage Bank, Chellaram, Royal Exchange and…
Lagos: The stock market continued its downward trajectory on Tuesday, posting a 0.12 per cent decline amid intensified sell pressure across several mid- and small-cap stocks. The session was marked…
Bauchi (Nigeria): Agricultural and economic experts have identified the massive importation of grain as a primary factor in the decline in the prices of staple foods in Nigeria. The experts,…
Lagos: The Nigerian equities market extended its positive streak on Thursday, appreciating by 1.08 per cent, with investors’ portfolios gaining N1.003 trillion in value. Increased investor interest in stocks such…
Lagos: The Nigerian equities market recorded its fourth consecutive negative performance on Thursday as investors lost N348 billion. Selloffs in Legend Internet, Champion Breweries, Tantalizer, Sovereign Trust Insurance, Linkage Assurance,…
Lagos: The Nigerian Exchange (NGX) experienced a sharp downturn as investors sold off, resulting in a staggering ₦612 billion loss in market capitalisation. The decline, driven by widespread profit-taking and…
Lagos, Nigeria: The Nigerian Naira continued its downward slide, closing at ₦1,475.35 per U.S. dollar at the official foreign exchange market, according to figures released by the Central Bank of…
Abuja (Nigeria): The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate eased further to 18.02 per cent in September 2025. The NBS disclosed this in its Consumer Price…