The gains recorded in equity trading activities of the Nigerian Stock Exchange last week, continued on Monday with major indicators appreciating marginally. The market capitalisation of the listed equities rose by 0.14 per cent or N11bn from N8.066tn recorded on Friday, to N8.077tn. Similarly, the NSE All-Share Index gained 0.14 […]
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Coins dispensing ATMs coming – CBN
The Central Bank of Nigeria has said it will facilitate the introduction of Automated Teller Machines that can dispense coins to encourage the citizens imbibe the culture of spending them. The Head of Shared Services, CBN, Mr. Chidi Umeano, told the News Agency of Nigeria on Monday in Lagos that […]
Nigerian naira falls vs dollar on strong fx demand
The Nigerian naira fell to its lowest in a week against the U.S dollar on the interbank market on Tuesday, as strong dollar demand outpaced thin supply from an oil company and some offshore investors into local debt. The naira closed at 157.75 to the dollar, weaker than the 157.55 […]
