Updates

Oil Prices Took a Hit as Naira Converged Below N400 to a Dollar

Culled—Proshare April 21, 2017/ FDC The naira has converged below N400/$ for the second time this year as the CBN remains determined to achieve a unified exchange rate. At the parallel market, the naira is trading at N385/$ and could appreciate marginally in the days to come. Oil prices took […]

CBN Establishes Investors’, Exporters’ FX Window

April 21, 2017/CBN Click here to Download Full PDF Circular Introduction The Central Bank of Nigeria (CBN), in a continuing effort to deepen the foreign exchange (FX) market and accommodate all FX obligations, hereby announces a special window for Investors, Exporters & End-users (hereinafter referred to as the “Investors’ & […]

Nigerian Equities Market Closes Week Lower, Following Decline decline across Major Sector Indices

April 21, 2017/Cordros Research Click here to download full PDF Report Nigerian Capital Market Equities The Nigerian equities market closed lower this week, following a decline across majority of the sector indices. The All Share Index shed 1.26% w/w to close at 25,189.37 points. The loss was recorded, notwithstanding positive […]