The euro advanced to a three-month high against the dollar on Monday, as bearish bets on the U.S. currency remained solid after the Federal Reserve […]
Dollar struggles after biggest weekly drop in four months
The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about […]
Capital market operators fault Oando minority shareholders’ stance on audit
Some capital market operators have expressed dissatisfaction with Oando Plc minority stakeholders’ comparison of the company’s audit by Securities and Exchange Commission (SEC) with that […]
Dollar heads for big weekly loss, political tensions briefly boost yen
The dollar was headed for a big weekly loss on Friday and the euro a solid gain after a dovish shift by the Federal Reserve, […]
Capital market indices dip by 0.02% on NSE
The long bearish trend on the Nigerian Stock Exchange (NSE) seems to be moderating, as the crucial market indicators dropped marginally by 0.02 per cent […]
Airtel Africa to sell shares to Nigerians at N454 per share
Airtel Africa Plc, the second largest telecommunications group in Africa is set to sell its shares to Nigerian investors at between N363 and N454 per […]
Stocks, currencies firm up ahead of U.S. Fed outcome
Emerging market stocks rose on Wednesday, while developing world currencies broadly firmed against the dollar as investors counted on the U.S. Federal Reserve’s outlook later […]
NSE transacts N11.23bn worth of shares in bearish trading
The Nigerian Stock Exchange (NSE) recorded transactions worth N11.23 billion on Tuesday, despite drop in market indices by 0.39 per cent due to sell pressure. […]
Airtel Nigeria set to join MTN on Nigerian Stock Exchange
Following the listing of MTN Nigeria’s shares on the Nigerian Stock Exchange (NSE) in May, Airtel Nigeria has also filed an application with the Securities […]
Dollar reaches 2-week high as investors prepare for Fed meeting
The U.S. dollar rose to a two-week high on Monday after strong economic data last week led investors to re-assess whether the Federal Reserve will […]