Naira Trades at N740 as ‘Invisible Hands’ Boost FX Supply
Naira Trades at N740 as ‘Invisible Hands’ Boost FX Supply The naira traded at N740.38 at invisible hand boosted FX supply at the Investors and Exporters window last week. The…
Nigerian Exchange Rises By N1.4trn in August
Nigerian Exchange Rises By N1.4trn in August The Nigerian Exchange (NGX) rose by N1.4 trillion in the month of August following strong buying sentiments witnessed across tickers. The Nigerian Exchange…
Glorious Days Of Stronger Naira Will Return – Pastor Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has declared that the “glorious days” when the Nigerian currency, naira was more valuable than its…
Naira Value Falls Despite Nigeria’s Fresh US Dollar Inflow
Naira Value Falls Despite Nigeria’s Fresh US Dollar Inflow The Nigerian naira gave up the fight to claw back losses sustained against the dominant US dollar across the foreign exchange…
Ronaldinho Denies Crypto Scam In Brazil Congressional Hearing
Retired football great Ronaldinho denied involvement in an alleged cryptocurrency pyramid scheme bearing his name in testimony Thursday before a Brazilian congressional committee. The ex-Barcelona and Paris Saint-Germain star, who…
Naira Reclaims 5% as Banks Release Update on FX Sales
Naira Reclaims 5% as Banks Release Update on FX Sales The Nigerian local currency, the naira, reversed losses it sustained in August as the apex bank price verification portal opens…
Naira Sags Amidst Messy FX Reform
Naira Sags Amidst Messy FX Reform Exchange rates across foreign currency markets in Nigeria worsened on Tuesday over sustained US dollar shortage in the economy. As a result, the gap…
Banking, Consumer Stocks Lift Nigerian Exchange Up by N185bn
Banking, Consumer Stocks Lift Nigerian Exchange Up by N185bn Equities investors in the Nigerian Exchange (NGX) recorded about N185 billion on Tuesday amidst sustained price appreciation seen in the consumer…
FX Gap Spikes as USD Scarcity ‘Insults’ Naira Devaluation
FX Gap Spikes as USD Scarcity ‘Insults’ Naira Devaluation The gap between exchange rates at the investors’ and exporters’ foreign exchange window and the parallel market has widened to more…
85% of Nigerian Graduates Have No Digital Skills – Report
85% of Nigerian Graduates Have No Digital Skills – Report More than 85 per cent of Nigeria’s graduates have no digital skills, a survey by GetBundi, an online education technology…