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FMDQ, Reuters Partner To Strengthen Nigerian Financial Market

FMDQ, Reuters Partner To Strengthen Nigerian Financial Market Thomson Reuters, providers of intelligent information for businesses and FMDQ OTC Securities Exchange have entered into a strategic collaboration to deepen capacity to help drive liquidity and enhance the visibility of the nigerian financial market to domestic...

Signed Budget Fails To Lift Stock Market

Signed Budget Fails To Lift Stock Market The nation’s stock market closed on a negative note for the fifth straight session on Thursday, a day after President Muhammadu Buhari signed the 2018 budget. The All-Share Index of the Nigerian Stock Exchange dropped by 1.17 per cent...

In 3Days, Equities Market Gains N612bn

In 3Days, Equities Market Gains N612bn Bargain hunting in bellwethers extended the positive performance in the local bourse to the third consecutive trading session as Investors gained a total of N612 billion to pull the year to date (YTD) out of the negative territory to...

Stock Market On A Straight 5day Fall

Stock Market On A Straight 5day Fall   The stock market continued its losing streak on Wednesday, as the market capitalisation of equities listed on the Nigerian Stock Exchange fell for the fifth straight day. The market capitalisation dropped to N14.543tn from N14.579tn on Tuesday, while the...

CBN Boosts Foreign Exchange Market Liquidity With $210m

CBN Boosts Foreign Exchange Market Liquidity With $210m     The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its bid to sustain liquidity in the foreign exchange market. The Acting Director, Corporate Communications Department, CBN, Mr Isaac...

Forex Market gets CBN’s $210 million boost

Forex Market gets CBN’s $210 million boost The inter-bank Foreign Exchange Market(Forex market) has received the sum of $210million from the Central Bank of Nigeria (CBN), to meet customers’ requests in various segments of the market. In its determination to meet the customers’ needs in the...