MARKET
SEC’s New Anti-Money Laundering Rules for Digital Assets
In a move to fortify regulatory oversight and deter illicit financial activities within the digital asset space, the Securities and...
Naira Fluctuates Amidst Dollar Dynamics and Economic Indicators
In a volatile turn of events, the Nigerian Naira saw fluctuations in its value against the US dollar, influenced by...
Naira Falls to N2050/British Pound on Black Market
The Nigerian Naira has witnessed a significant decline in the parallel market exchange rate, reaching a low point of N2050...
Share Buyback Program: Airtel Africa Buys Back Share From Citigroup
Airtel Africa plc has announced the commencement of its share buyback program, marked by the acquisition of 491,861 shares from...
Nigerian Equities Market: N650Bn Loss in February
Investors in the Nigerian equities market faced a significant setback in February, with an estimated loss of approximately N650 billion....
Shareholders Lose N700 Billion Post MPC Rate Surge
Nigeria's stock market, represented by the Nigerian Exchange Group (NGX), encountered a substantial sell-off on Wednesday, with investors grappling with...
Nestlé Nigeria: 22.4% Sales Surge Despite N79.5bn PAT Loss
Nestlé Nigeria PLC has announced a significant increase in sales, reaching N547.1 billion for the 2023 financial year, marking a...
Dollar-Naira Turmoil: Cardoso’s Caution Shakes Binance
The United States dollar witnessed a sharp decline against the Nigerian naira on the Binance cryptocurrency platform, stirring waves of...
Naira-Dollar Exchange Plummets Despite Central Bank’s Efforts
The official exchange rate between the Nigerian naira and the US dollar witnessed a notable decline, falling by 2.04% to...
CBN Bolsters FX Market with $20,000 Allocation to Each BDC
In a bid to rectify ongoing imbalances in Nigeria’s retail foreign exchange market, the Central Bank of Nigeria (CBN) has...
