Naira: FMDQ Corrects Wrong NAFEM Rate to N1453
Naira: FMDQ Corrects Wrong NAFEM Rate to N1453 The Nigerian naira exchange rate appreciated on Thursday due to efforts by the Central Bank of Nigeria (CBN) to restore confidence in…
Benchmark Interest Rate on Nigerian Bonds Increases to 19.21%
Benchmark Interest Rate on Nigerian Bonds Increases to 19.21% After the Debt Management Office’s (DMO) recent primary market auction (PMA) on Monday, the average yield on Nigerian government bonds has…
Tiers of Nigerian Government Shared N1.52 Trillion in Feb-FAAC
Tiers of Nigerian Government Shared N1.52 Trillion in Feb-FAAC The Federation Account Allocation Committee (FAAC) has shared a total sum of N1.152 trillion in February revenue with the Federal Government,…
Fraudsters are impersonating our operatives to defraud Nigerians with families abroad – NDLEA raises alarm
The National Drug Law Enforcement Agency (NDLEA) has warned Nigerians against impostors using a new scam scheme to defraud people with families abroad. In a statement released on Saturday March…
Naira Can Appreciate Below N1,200/$ If CBN Implements Right Policies – Rewane
The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, says the appreciation of the naira against the dollar in the last few weeks is sustainable if the apex bank…
Naira Appreciates to N1382, Data from FMDQ Shows
Naira Appreciates to N1382, Data from FMDQ Shows The Nigerian Naira has continued to clawback losses as the local currency appreciated to N1382 per US dollar on Thursday, according to…
Nigerian Bourse Drops N168bn as Investors Dump FBNH
Nigerian Bourse Drops N168bn as Investors Dump FBNH The equities market capitalisation of the Nigerian Exchange on Wednesday declined by N168 billion, or 0.28 percent, following profit-taking by investors. The…
Naira Strengthens over Fresh Confidence in FX Markets
Naira Strengthens over Fresh Confidence in FX Markets The Nigerian naira moved with confidence as the dominant US dollar across foreign exchange markets as foreign currency availability exceeded aggregate demand…
Rewane Says Naira Appreciation Is Sustainable
The Managing Director/Chief Executive Officer of Financial Derivatives Company Limited Bismark Rewane believes better days are ahead for the country’s currency, the naira. On Wednesday, the naira closed trading at…
Reno Omokri Nigeria Is Better Than Europe US UK – Fmr Buhari tormentor & Chief Mocker & Blocker of Nigerians
Reno Omokri @renoomokri Subscribe What happens when you don’t travel out of Nigeria is that you have an overly romanticised view of other countries. You begin thinking that everywhere is…