- Nigeria Rejects UN Budget Cuts Threatening Development, Peacekeeping
- Naira Gains 0.3 Pips as Interbank FX Turnover Soars By 427%
- IMF Urges Countries to Replace Fuel Subsidies With Target Support for Vulnerable
- New Master Plan to Grow Capital Market to N750trn — SEC
- South African Rand Firmer Against Crosses Ahead of U.S. Inflation
- Cardoso Emerges AFC Board Chairman
- DisCos meter 141,746 customers in August – NERC
- Equities Investors Gain N103bn, Access, Aradel Drive Rally
NNPC Ltd., Dangote Forge Strategic Alliance to Accelerate Nigeria’s Energy Security The Nigerian National Petroleum Company Limited (NNPC Ltd.) and…
Ellah Lakes Faces Capital Setback Amid Market Challenges Ellah Lakes’ recent attempt to raise N235 billion through a public offering…
Weak AI Governance Can Trigger Capital Flight, NGX Chairman Warns The Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has…
Council, Nigeria to Deepen Cooperation in Palm Oil Production The Council of Palm Oil Producing Countries (CPOPC) has expressed its…
Fitch Affirms UK at ‘AA-‘ with Stable Outlook Fitch Ratings has affirmed the United Kingdom’s (UK) Long-Term Foreign-Currency (LTFC) Issuer…
Ripple (XRP) inches higher to $1.43, up by about 1% in 24h, slightly outperforming a flat broader market, driven by modest capital rotation into altcoins.
The naira dropped at the official window, settling at N1346 per dollar as the rally slowed down after early momentum. For three consecutive trading sessions, the local currency has been pulling back due to increased demand for the US dollar in the currency market.
The Nigerian Exchange (NGX) closed the week on a positive note, as key market performance indicators rose by 0.99%. The market rally was driven primarily by continued buying interest amid positive trading momentum in medium and large-cap stocks across key market sectors.
Oando Plc has announced a plan to begin the second tranche of its share distribution to qualified shareholders, the energy company told the Nigerian Exchange.
SCM Capital Asset Mgt Limited’s Fund (the Frontier Fund), an open-ended unit trust scheme that offers investors the opportunity and flexibility to pool resources and optimize returns through the earning power of volume investing, has announced a plan to pay unitholders N18 per unit.
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