Browsing: Nigeria
Naira Gains N5 as Foreign Investors Top Up FX Inflows The Nigerian local currency, the naira, rallied against the US…
NGX Lost N121bn as Forbearance Phase Out Provokes Selloffs The Nigerian Exchange (NGX) shed about N121 billion on Monday as…
Headline Inflation Rate Reduces to 22.97% in May – NBS Nigeria’s headline inflation rate declined for the second consecutive month…
Nigerian Treasury Bills Yield Shrinks to 20.6% Ahead of Auction Ahead of the midweek auction, investors are currently earning an…
Investors Dump Banks’ Stocks as CBN Ends Forbearance Regime The Nigerian Exchange (NGX) All-Share Index declined during the intraday trading…
Concerns Mount as Nigeria Runs to Saudi Aramco for $5bn Loan Nigeria is seeking to raise a $5 billion oil-backed…
Naira Sees Weekly Gain Amidst Zero FX Intervention The naira closed at N1549.35 per US dollar at the official window,…
Nigeria Boosts Trade Surplus to N5.17trn as Imports Taper While scaling back on imports, Nigeria’s drive to boost export receipts…
Oil Prices Ease as US-Iran Nuclear Talks Advance Oil prices eased in the global commodity market as optimism about potential…
MTN Nigeria Soars to 52-Week High, Investors Getting Inside The story has changed; many investors are trying to get inside,…