The US dollar fell against its major trading partners Friday ahead of the release of the Institute for Supply Management’s manufacturing December. Traders have begun to price in Fed rates cut for 2025, weighing on US dollar index after initial rally.

Equities market capitalisation of the Nigerian Exchange (NGX) expanded by about N248 billion on Friday due to sustained rally on growth stocks. Trading data showed that the local bourse ended first week of the New Year in the green. Key market performance indicators increased by +0.64% in the first two trading days of the year.