- EU Cuts Steel Import Quotas to Protect Industry
- NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
- US Lifts Restriction on Anthropic’s Claude Fable, Mythos 5
- NCC Pushes Faster Fibre Rollout, Says Broadband Key to $1trn Economy
- FG to Launch Platforms to Enhance Transparency, Track Performance of MDAs
- Tax: Lagos Chamber of Commerce Seeks One-Month CIT Filing Extension, Waiver
- Oil Prices Increase on US, Iran Back-and-Forth Negotiations
- BOI, Kuramo Capital Sign Deal on $170m iDICE Funds Management
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Microsoft and Paypal are noted to be the most impersonated brands in phishing attacks in 2023
The Federal government of Nigeria has revealed a plan to support local manufacturers with N75 billion
The Nigerian Exchange (NGX) market capitalisation went down by more than N158 billion
The naira tumbled at the Investors’ and Exporters’ foreign exchange (FX) window
Osagie Okunbor, Managing Director (MD) of Shell Petroleum Development Company of Nigeria…
Unity Bank Rolls Out Rewards to Celebrate Frontline Staff, Customers
Ecobank Nigeria has felicitated customers in commemoration of this year’s Customer Service Week
Oil prices fell midweek as the market balanced weak demand and tight supply
Naira Gains 1.4% as FX Transactions Settle at $81.12m The naira appreciated against the US dollar to N745.19 at the Investors and Exporters window on Tuesday as demand pressures eased. Compared with the previous rate, the local currency gained by 1.38 per cent from N755.27 it exchanged for the dollar before the Islamic holiday. Market data showed that the open indicative rate closed at N767.24 to the US dollar on Tuesday. A spot exchange rate of N819.90 to the greenback was the highest rate recorded within the day’s trading before it settled at N745.19. The naira sold for as low…
Due to equities investors’ large betting that started on Tuesday, the Nigerian Exchange rose by about N213 billion