Nigerian Equities Market Closes Week Higher, Driven by Oil & Gas Stocks
The Nigerian equities market closed last week's trading at the Nigerian Exchange Platform on a positive note, buoyed by strong...
Naira Strengthens by 2.5% as CBN Intervenes in Forex Market
Last week, the naira appreciated by 2.5% week-on-week, reaching NGN1,600.78 per USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM)....
Mixed Global Equity Performance Amid Economic Data and Stimulus Uncertainty
Global equities exhibited mixed sentiment this week as investors sifted through a plethora of economic data, including a higher-than-expected U.S....
Nigeria’s Domestic Economy: Decline in Capital Importation and Equity Transactions Signals Cautious Investor Sentiment
According to the latest data from the National Bureau of Statistics (NBS), Nigeria's capital importation witnessed a significant decline of...
FirstBank Announces Restoration of Firstmobile Services After Upgrade Downtime With Enhanced Digital Banking
FirstBank has successfully restored full services on its mobile banking platform, Firstmobile, following a brief downtime earlier this week due...
SEC to Host Investor Clinics in Major Cities for World Investor Week 2024
The Securities and Exchange Commission (SEC) is set to hold a series of investor clinics in Lagos, Abuja, and Port...
FOREX: CBN Caps Bureau De Change Cash Sales at $5,000 Per Transaction to Stabilize Market
The Central Bank of Nigeria (CBN) has imposed a limit of $5,000 on the amount of foreign exchange that Bureau...
Nigeria’s Crude Oil Production Rises for Fifth Consecutive Month to 1.57 mb/d in August
According to data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s crude oil production, including condensates, increased for the...
Nigerian Equities Market Gains 1.1% w/w as MTNN, FBNH, and NESTLE Lead Rally
The Nigerian equities market ended the week on a positive note, with strong performances across key stocks like MTNN (+7.4%),...
Nigeria’s FX Reserves Increase by USD337.89 Million, Naira Appreciates by 3.0% w/w at NAFEM
Nigeria’s foreign exchange (FX) reserves recorded an accretion this week, with the gross reserves level increasing by USD337.89 million week-on-week...
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