Naira Strengthens over Fresh Confidence in FX Markets
CBN Clears US$7 Billion FX Backlog Owed to Banks: The Central Bank of Nigeria (CBN) says it has cleared all valid foreign exchange backlogs, acting Director, of Corporate…Read more
Naira Strengthens over Fresh Confidence in FX Markets: The Nigerian naira moved with confidence as the dominant US dollar across foreign exchange markets as foreign currency…Read more
Nigerian Bourse Drops N168bn as Investors Dump FBNH: The equities market capitalisation of the Nigerian Exchange on Wednesday declined by N168 billion, or 0.28 percent, following…Read more
Treasury Yield Crashed 1.14% over Fresh Bills Buying: The average yield on Nigerian Treasury bills crashed significantly in the secondary market amidst an ongoing exchange rate…Read more
Analysts Upgrade Nigerian Breweries to Buy, Raise Target Price: Equities analysts have raised their expectations for Nigeria Breweries Plc stock with an upward adjustment to the brewer’s 12-month price target. Read more
Access Bank Moves to Acquire National Bank of Kenya: Access Holdings Plc says its subsidiary, Access Bank Plc, is in the process of acquiring the entire issued share capital of National Bank of Kenya Ltd. Read more
Cables, Wires Producer Coleman Opens N10bn CP for Subscription: Coleman Technical Industries Limited is offering investors an opportunity to earn income from its N10 billion commercial paper … Read more
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Reps Summon Minister over $300m Antimalaria Funds: The House of Representatives Committee on Malaria, HIV/AIDS, and Tuberculosis has summoned the…Read more
Diesel Price Stood at N1,257.06 in February – NBS: The National Bureau of Statistics (NBS) says the retail price of a litre of diesel increased from…Read more
Tinubu Proposes neNewalaries, Allowances for Judicial Officers: President Bola Tinubu, has submitted a proposal to the Senate on the salaries and allowances for…Read more