The central bank will auction $230 million in forward contracts on the official market on Thursday after selling $370 million this week to boost dollar liquidity and help narrow the gap between the official and black market rates, traders said
The bank also sold $1.5 million on the spot market to help keep interbank rates at 305.50 per dollar. On the black market the naira firmed to 490 after opening at 505, traders said.
Nigeria’s Securities and Exchange Commission (SEC) has revised the minimum capital for regulated entities operating in the capital market. SEC…
The Nigerian Exchange (NGX) has extended its strong momentum into 2026, building on one of its most impressive rallies in…
...to list 1.086bn units at N1.81 per share The Nigerian Exchange Limited (NGX) is set to list Zichis Agro Allied…
In the trading week ended Friday January 16, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and market capitalisation increased…
