Browsing: FGN

Equities investors gained about N505 billion in the stock market as BUA Foods, Eterna Plc, and others recorded positive price movements. Data from the Nigerian Exchange showed year-to-date return advanced amidst a sharp decline in headline inflation.

The naira dived low against the dominant foreign currency, US dollar due to tight forex supply.  The naira lost ₦2.88 to close at N1,512.58 in the official market on Monday as US dollar demand overshadow total amount of foreign currency in the supply bucket.