Trading on the floor of the Nigerian Exchange last week closed on a bullish note, driven by growth in the share prices of Dangote Cement, MTN Nigeria, Airtel Africa and host of other stocks on the gainers list. The All Share Index and Market capitalization grew by 5.49% to settle at 59,000.96 points and N32.126 trillion respectively.An […]
Deposit Money Banks have said that they were directed by the Central Bank of Nigeria (CBN) to freely trade the naira against the dollar and other international currencies. On the back drop of this, naira trades at N730 to N755 per dollar at the Investors and Exporters (I&E) window on Wednesday. Although CBN is yet to release[…]
The Central Bank of Nigeria has notified all authorised dealers and the general public of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market. In a circular available on the website of the apex bank, the changes announced by CBN include: Source: CBN announces changes to operations in FX market – StocksWatch (stocksng.com)