…NSE market capitalization appreciates by 0.26 % By Odunewu Segun The naira on Monday depreciated against the dollar at the parallel market, dropping another N3 to...
By Chioma Obinagwam Forte Oil has said that it is the only company in the Oil and Gas sector that does not have Foreign Exchange (Forex) denominated...
By Odunewu Segun Some of the banks appointed by the Central Bank of Nigeria as Foreign Exchange Primary Dealers may be axed by the apex bank...
By CHIOMA OBINAGWAM NIGERIA’S foreign exchange reserves fell by 2.68 percent to $27.14 billion as of April 27 from a month ago, when they were 27.87...
Nigeria’s naira weakened to a record 345 to the dollar on the parallel market on Monday, increasing pressure on the government to devalue the official exchange...
By Odunewu Segun The decision to maintain the status by the Central Bank Nigeria at its last Monetary Policy Council meeting has increased uncertainty in the...
By Chioma Obinagwam The lingering oil crisis has impacted negatively on the Nigerian Stock Exchange(NSE) as the it’s Market Capitalisation suffered a whooping $30 billion loss....
South Africa’s Rand weakened early on Thursday, edging towards a record low after President Jacob Zuma removed Finance Minister, Nhlanhla Nene. The currency dropped by 0.61...