CBN offers $100 million at special foreign currency auction
Businessam StaffJune 19, 2017
Nigeria’s central bank has indicated that it would offer about $100 million at a special foreign currency auction this week, as part
Equities market remains bullish as capitalization peaks at N11.69trn
Niyi JacobsJune 16, 2017
The Nigerian equities market maintained its upward trend as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market
Nigeria’s equity market maintains bullish run, all-share index up 0.59%
Businessam StaffJune 15, 2017
The Nigerian equity market benchmark index rose 0.59 percent Thursday to close 33,797.84 points on sustained buying interest in
Naira rates converge on Thursday to open at N367/$
Niyi JacobsJune 15, 2017
The foreign exchange market on Thursday opened with a convergence between Investors and Exporters Window (I&E) and the black
Naira appreciates 0.27% at parallel market, slumps 0.02% at interbank as CBN injects $418m Tuesday
Businessam StaffJune 13, 2017
The naira Tuesday had mixed fortunes at the foreign exchange market, appreciating by 0.27 percent at the parallel and recording marked
Equities market remains bullish, posts 6.07% growth W-o-W
Niyi JacobsJune 9, 2017
The Nigerian equities market maintained its upward trend as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) and market
NSE delists 84 quoted companies in 14 years
Businessam StaffJune 7, 2017
The Nigerian Stock Exchange (NSE) has in the last 14 years delisted a total of 84 companies from trading on its floor, according to
South Africa’s Mr Price suffers first annual profit drop in 16 years
Businessam StaffMay 30, 2017
South Africa’s Mr Price Group Ltd posted a 12 percent drop in full-year earnings, the first annual profit decline since 2001, as
Markets wrap: Stocks meander, Pound rises in holiday-hit trading
Businessam StaffMay 29, 2017
Global stocks were mixed and the dollar was flat as the latest comments from a Fed official offered little to excite traders amid thin
African Markets – Factors to watch on May 29
Businessam StaffMay 29, 2017
The following are company announcements, scheduled economic indicators, debt and currency market moves and political events may affect