By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange weakened further by 0.53 per cent on Friday, August 28. Yesterday, the market capitalisation lost N13.57 billion...
By Adedapo Adesanya The Naira closed the week stronger against the United States Dollar at N1,337.29/$1 from N1,338.59/$1 in the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
By Adedapo Adesanya Moody’s Ratings, a US-based rating agency, has revised Nigeria’s sovereign outlook to positive from stable, citing improvements in the country’s external position and...
By Dipo Olowookere The Nigerian stock market further appreciated by 0.90 per cent on Friday amid renewed interest in financial and energy stocks, as investors continue...
By Adedapo Adesanya Oil prices settled lower on Friday as traders evaluated hints about the US Federal Reserve Bank’s inflation-fighting policy, with Brent crude futures down by...
By Modupe Gbadeyanka The Minister of Finance and Co-ordinating Minister of the Economy, Mr Taiwo Oyedele, has been directed to oversee and coordinate a comprehensive forensic...
By Adedapo Adesanya Nigeria’s external reserves have reached $53.11 billion, the latest data from the Central Bank of Nigeria (CBN) has shown. This is the highest...
Big market moves are hard to miss. Prices spike or plunge, headlines explode, social media goes wild with hot takes, and anyone watching starts to wonder,...
By Aduragbemi Omiyale The decision of global index provider FTSE Russell to move Nigeria’s capital market to Frontier Market status from Unclassified, effective at the opening...
By Adedapo Adesanya Nigerian-focused payment bank, OPay, is planning to list its shares on the Nigerian Exchange (NGX), Nairametrics has reported. According to the publication, the fintech...