Nigeria’s FX Market Records $2.80bn Inflow Amid Strong Domestic SupportNume Ekeghe Total inflows into the Nigerian Foreign Exchange Market (NFEM) stood at $2.80 billion in August, according to data from FMDQ, underscoring the continuing resilience of local participation evenThe post Nigeria ...
At 29.31%, Maximum Lending Rate Drops One-Year Low Amid Stable Monetary FeeAs the Monetary Committee Members (MPC) of the Central Bank of Nigeria (CBN) retained interest rate at 27.50 per cent, the average maximum lending rate in Nigeria’s banking sector droppedThe post At 29.31%, Maximum Len ...
BRICS leaders denounce protectionism, tariff 'blackmail'Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump. In July, Trump las ...
Profit taking persists as investors lose N833bn in 4 days By Peter Egwuatu   Profit-taking activities persisted on the Nigerian Exchange Limited, NGX as the equities market for the fourth consecutive week sustained losses with the major performance indicator, ...