Global Trade War: Naira Value Depreciates Amid Forex Outflows
The ongoing tariff conflict between the United States and several nations has led to a significant outflow of foreign exchange from Nigeria, resulting in a two-
Fed’s Powell Expects Inflation To Stay Hot For Months
His remarks suggest that while the central bank still sees the pace of price increases as temporary, they could last a while. Treasury Secretary Janet Yellen sa
No More Hiding Place For Loan Defaulters As CBN Issues New Guidelines
The Central Bank of Nigeria (CBN) has moved a step ahead of bank loan defaulters with a new guideline that allows seizing of their funds in other accounts. Acco
CBN Adjusts Official Naira Exchange Rate
This is contained in a data published on the website of the FMDQ on Tuesday, however, the official rate quoted on the website of the CBN remains at N360/$1. Mea
Stock Market Sustains Downtrend As Investors Lose N162bn
Nigerian bourse continued its bearish trend, taking no rest from previous week losses as the ASI dipped further by 1.27% to 24,026.05 index points on Monday. Ma
Traders Want Shorter Days, Says London Stock Exchange
Image copyright Getty Images A majority of investors, bankers and brokers would support a shorter trading day to improve their quality of life, the London Stock
Coronavirus: Floor Trading Resumes At New York Stock Exchange, With Masks And Plexiglas
NEW YORK (AFP)The New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor on Tuesday (May 26) after a two-month closure due to the corona
Floor Trading Resumes At New York Stock Exchange, With Masks And Plexiglas
NEW YORK (AFP)The New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor on Tuesday (May 26) after a two-month closure due to the corona
Nigeria May Go Into Recession, Says Finance Minister, Zainab Ahmed
Zainab Ahmed, Nigeria's Finance Minister, has said that the country may go into recession due to the slowing down of economic activities as shown in an assessme
The Guardian Eyes Entry Into The Nigerian Stock Exchange
Publisher, The Guardian, Lady Maiden Alex-Ibru (middle); Executive Director, Tive Alex-Ibru (left); Chief Finance Officer, Solomon Alonge; Chairman, Ibru Organi
Dangote Cement, GTB, Others Lead Stock Market’s N198b Gain
• Investors enjoined to trade cautiously in near term Following price gains recorded by major highly capitalised stocks, especially Dangote Cement, and Guaran
CBN, Commercial Banks To Revive Real Sector With N4 Trillion Facility
CBN Governor, Godwin Emefiele Succour may soon come the way of manufacturers and entrepreneurs, especially the agriculture sector, as the banking industry's acc
Stock Market Investors Lose N125billion In Three Days
• Analyst says stocks present buy opportunity For the eighth consecutive time, equity market sustained sliding profile as virtually all the blue chip stocks r
Political Uncertainties Depress Stock Market Indices Further By N54b
Brokers on the floor of Nigerian Stock Exchange in Lagos. Political uncertainties has continued to spark volatility and induce sell pressure on the equity secto
Stock Market Reopens Bearish, Index Down By 0.06%
Nigerian Stock Exchange Transactions on the floor of the Nigerian Stock Exchange (NSE), reopened on a bearish note yesterday, following price losses incurred by
Inlaks Raises Stake In CBN’s Financial Inclusion Target
Central Bank of Nigeria The 2020 financial inclusion target of the Central Bank of Nigeria (CBN) has received a boost as Inlaks has reiterated its commitment to
Renewed Sell Pressure Pulls Stock Market Index By 1.09%
Renewed sell pressure on the trading floor of the Nigerian Stock Exchange (NSE), yesterday, reversed four-days bullish run, causing the All-share index to dip b
CBN’s Maiden Chinese Yuan Auction Put At N3.6 Billion
China currency, Yuan PHOTO: BANK OF CHINA. The first CNY 69.8 million auction of the Chinese currency by the Central Bank of Nigeria (CBN) under the swap deal w
Honeywell, Cutix, Others Top Stock Market’s N29 Billion Gain
Brokers on the floor of Nigerian Stock Exchange in Lagos. Equity transactions on the Nigerian Stock Exchange reversed the two-consecutive days' downward movemen
Trump Threatens $500 Billion In New China Tariffs, World Stock Markets Fall Sharply
World stock markets fell dramatically early Friday following President Donald Trump's remarks about being prepared to slap new tariffs on Chinese imports. The c