Minister of Solid Minerals Development, Dele Alake says the solid minerals sector and the National Gold Purchase programme will increase the country’s reserve and boost the naira’s value. He stated…
Naira Steadies as Volume of US Dollar Traded Dips The naira rate was little changed on Friday in the official market as demand for US dollar was met with adequate…
The sagging young man in the video that went viral days ago, has been asked to present himself to security operatives as the police moves to identify policeman he took…
Sell Pressure Pushed Nigerian Bonds Yield to 18.83% Benchmark yield on Nigerian government bonds climbed to 18.83% as fixed interest securities investors offloaded naira assets in the secondary market. Buying…
Nigerian Treasury Bills Yield Dips to 21.8% The average yield on Nigerian Treasury bills dipped by seven basis points on Wednesday in the secondary market to 21.8%, traders said in…
Naira Depreciates to N1483 after FX Turnover Plunged by 29% The Nigerian local currency, the naira, extended losses on Wednesday as demand for US dollar eclipsed the supply side following…
Bitcoin Fluctuation Drags Crypto Market Cap Down to $2.34T Bitcoin price fluctuations, along with those of other top cryptocurrencies, have dragged market cap down to $2.34 trillion, according to data…
Naira Dips by 221.34% in 12-Month, Fluctuation Fuels inflation The depreciation of the Nigerian naira fueled inflation surge in the country, though analysts are expecting moderation in consumer price index…
Cryptos Market Cap Dips 3.66% to $2.54T as Bitcoin Falls The global crypto market cap slid by 3.66% to $2.54 trillion as bitcoin price fell below $70,000. According to data…
Naira Trades in Red Ahead of World Bank Disbursement The naira ended the week in red against the dominant US dollar in the foreign exchange market as demand and supply…
Ecobank, Oando Drive Midday Gain in Nigerian Exchange Nigerian Exchange Equities investors are currently taking positions in Ecobank, Oando and AIICO stocks, thus, shifting key metrics into green zone after…
Nigerian US Dollar Bonds Yield Dips as FPIs Appetite Improve The average yield on Nigerian sovereign Eurobonds or the US dollar bonds dipped slightly in the international debt market as…
Naira Rises as Nigeria Receives Foreign Currency Loan The Nigerian naira rose against the US dollar slightly in the foreign exchange market as FX liquidity pressure reduced. Eligible FX demand…
The Secretary to the Government of the Federation (SGF), Senator George Akume, on Thursday said Nigerians should stop shouting about the fuel subsidy removal policy of President Bola Tinubu. According…
Crypto Market Cap Hits $2.62T as Bitcoin Crosses $70K Bitcoin price is back trading above $70,000 after weeks of sideways price action across the market. The world’s largest digital cryptocurrency…
Naira Depreciates to N1467.95, Lost 6.4% in May The naira depreciated further on Tuesday over persistent US dollar demand surge by eligible participants at the Nigerian autonomous foreign exchange market.…
A former bank chairman has figured out the art of never running out of money to waste. Other people’s money. DAVID HUNDEYIN DEC 02, 2023 60 9 Share Thomas Akoh…
Nigerian Exchange Climbs by N995bn over 5-Day Rallies The Nigerian Exchange rose as equity investors gained approximately N995 billion in five trading sessions. Despite the higher yield on fixed interest…
The Black Market Dollar to Naira Rates are tabulated below: Black Market Rates Dollar to Naira rate naira to dollar BUY dollar to naira 1490 DOLLAR (USD) SELL pound to…
Bitcoin Price Depreciation Drags Crypto Market Cap to $2.534T Market data from cryptocurrency exchanges shows that the price depreciation of Bitcoin on the final day of May reduced the value…
