Naira Appreciates by 2.6% to N1,645/$1 at NAFEM
Adedapo Adesanya By Adedapo Adesanya The Naira appreciated against the US Dollar by 2.63 per cent or N44.48 in the…
Economy
Crude Oil Rebounds as Market Overlooks Demand Forecast Fears
By Adedapo Adesanya Prices of the crude oil grades rebounded on Wednesday after the market weighed the reduced…
Customs Street Rebounds by 0.22% on Renewed Bargain-Hunting
Dipo Olowookere By Dipo Olowookere The Nigerian Exchange (NGX) Limited returned to winning ways on Wednesday after spending a day…
Nigeria Falls Short OPEC Quota Despite 35,000b/d Boost in October
By Adedapo Adesanya Nigeria’s daily crude oil production increased from 1.39 million barrels per day to 1.43 million…
Food, Transport, Electricity More Important to Nigerians Than Luxuries—CBN
By Adedapo Adesanya Nigerians now prioritise food, transportation, medical expenses, and electricity above luxuries like house owning and…
Costain, Nipco Grow NASD OTC Exchange by 0.17%
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed in the green territory on Tuesday, November 12…
Stronger Dollar, FX Liquidity Squeeze Crash Naira Value at Currency Market
By Adedapo Adesanya The value of the Naira at the various segments of the currency market in Nigeria…
Oil Market Reacts to Latest OPEC Demand Growth Forecast
By Adedapo Adesanya The latest downward review of demand growth forecast by the Organisation of the Petroleum Exporting…
Nigerian Exchange Halts Winning Streak After 0.12% Loss
By Dipo Olowookere The Nigerian Exchange (NGX) Limited could not extend its winning streak to four consecutive sessions…
Performance of Nigerian Businesses Worsens
By Adedapo Adesanya A new report by the Nigeria Economic Summit Group (NESG) in partnership with Stanbic IBTC…