Thursday, March 19, 2026
Foreign investors flee South Africa equities market on political risk, rich valuations, weakening currency
Amid robust demand for emerging-market equities, foreign portfolio investors are fleeing the South African stock market on weakening rand, tepid...
Read moreDetailsBitkoin.Africa launched in Nigeria to provide trading opportunities for cryptocurrency holders
A Bitcoin exchange service named Bitkoin Africa has been launched in Nigeria and it is up and running. The launch,...
Read moreDetailsNigeria central bank introduces $1bn new FX contract on FMDQ as matured contracts peak $3.33bn year-to-date
The total value of foreign exchange matured futures contracts on the FMDQ OTC exchange has reached $3.33 billion, year-to-date, according...
Read moreDetailsNigerian stocks end week positive albeit index dropping 0.14% w-o-w
After a flip-flop performance during the week, trade on Friday saw the Nigerian Stock Exchange (NSE) all-share index appreciating 0.03...
Read moreDetailsNigeria’s efforts to shore up non-oil revenue yield fruits in N30bn agricultural exports in Q2
Efforts at diversifying the Nigerian economy may have started yielding fruits as agriculture produce exports earned the country N30 billion,...
Read moreDetailsNigeria government enforces electronic remittance of revenues into treasury account, gives October 1 deadline
The Federal Government of Nigeria has given October 1, 2017 deadline for the nation’s deposit money banks to remit revenues due it...
Read moreDetailsNigeria’s equities market extends gains to second trading session, index up 0.93%
Nigeria’s equities market closed Thursday on a positive note, as benchmark index appreciated by 0.93 percent to close at 35,429.31 basis points...
Read moreDetailsNigeria to restructures debt portfolio, puts $5.5bn Eurobonds on sale before year-end
Nigeria’s Debt Management Office (DMO) has indicated plans to restructure the nation’s debt portfolio through more foreign borrowings, just as...
Read moreDetailsNigeria’s equities market rebounds 0.44% on bargain hunting in Dangote Cement, Zenith, Nestle
Nigerian stocks Wednesday rebounded after two days of losses with benchmark index gaining 0.44 percent to settle at 35,103.40 points,...
Read moreDetailsNigeria to pull out of 90 international organizations due to $120m backlog of financial obligations
Nigeria’s federal government has announced its decision to stop its membership of 90 international organisations due to a backlog of...
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