Naira
Nigeria’s naira to firm against major currency this week as CBN plans another $100m sale
The outlook for the naira may remain positive this week as Nigeria's central bank said it will sell yet another…
Naira floatation, cost cut-back boost Okomu Oil revenues by 47%
The technical devaluation of naira by Central Bank of Nigeria, which increased demand for local crude palm oil (CPO) and…
Nigerian bourse: Bears sustain grip on market as NSE ASI loses 1.6% to profit taking
The Equities market extended its bearish run Thursday as the Nigerian Stock Exchange all-share index (NSE ASI) and market capitalization…
NAFEX watch forces MSCI to delay Nigeria’s index reclassification
The Central Bank of Nigeria’s (CBN) introduction of the investors/exporters FX window popularly referred to as NAFEX and the consistent…
Gaps in multiple forex rates narrow, naira opens at N364/$ Wednesday
Strong interventions by Central Bank of Nigeria (CBN) geared towards achieving stability amidst convergence in the exchange rate of the…
Nigerian bourse: Big caps push market to close positive despite declining turnover
The Nigerian equities market Tuesday sustained positive sentiments for five consecutive trading sessions as big caps helped the bourse’s index…
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