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Naira Drops to 367/Dollar Over Forex Policy Panic

Uncertainty over the Central Bank of Nigeria’s planned exchange rate policy has continued to rattle the foreign exchange market. The local currency dropped against the United States dollar from 365 to 367 at the parallel market on Monday. The naira, which has been under persistent pressure,...

NSE Records First Gain Of N64bn This Week

The market capitalisation of the Nigerian Stock Exchange appreciated by N64bn at the close of trading on the Exchange’s floor on Thursday with Unity Bank Plc, Nestle Nigeria Plc and Total Nigeria Plc emerging as the top gainers. The market recorded 18 gainers and 17...

How Nigeria’s Capital Market Can Add Value – Osinbajo

The capital market, as an institution, is capable of creating wealth and generate employment for the country if new laws are fashioned to guide its operations, Vice-President, Professor Yemi Osinbajo, has said. He said this in Abuja in a message read on his behalf by...