Capital Market
Tsunami hits the Naira as it exchanges for N730 to a dollar
The naira hit an all-time low on Thursday as it exchanged for N730 per dollar on Thursday, September 29, 2022 at the parallel market, declining by 0.69 per cent
Naira gains N10 against the dollar at the black market but loses at the official window
The naira made a moderate recovery at the black marker, gaining about N10 against the US dollar on Wednesday, October 5, 2022, according to available data.
US govt fines Kim Kardashian over N544m for promoting crypto on social media, Nigerian presidency reacts
Kim Kardashian, a US television star have been forced to pay $1 million for advertising a cryptocurrency asset on social media while hiding was she was paid.
Bad day for BUA Cement as investors lose N112 billion in one day
Dangote Cement's major competitor, BUA Cement had N112 billion shaved of its share price which investors losing a lot of money on Thursday. September 22, 2022.
Naira depreciates at the parallel market, exchanges for N712 per dollar
The naira has failed to recover from the N700 threshold it entered in early August as it continues to weaken against the dollar at both official, black markets.
10 Banks in Nigeria With Highest Account Maintenance Income in 2022
Banks in Nigeria have disclosed their earnings from account maintenance in the first half of 2022, according to data from Nigeria Stock Exchange on Monday.
Naira exchanges For N705 per dollar at the black market as FX supply dips
There is no respite for the naira as it fell sharply again at the parallel market, selling N705 per dollar the scarcity of foreign exchange continues to plague.
Amid news of new Prime Minister Liz Truss, British Pounds falls to its weakest in 40 years
The British pound has collapsed against the US dollar, the first in 40 years since the Plaza Accord which saw the dollar weakened against other currencies.
Naira continues its steady fall in the official and parallel markets
There is no end in sight for the depreciation of the Naira after it tumbled for a record low on Wednesday and Thursday at both the official and parallel markets
Capital Market
Load more