Business & Economy
Nigeria’s FX derivatives turnover plunges 41.59% in one week
Forward contract activity in Nigeria’s FX market took the hardest hit last week, with derivatives turnover nearly halving as demand for hedging instruments...
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FX spot transactions fall by $606.36 million week on week
The bulk of Nigeria’s dollar trading volume shrank last week, as spot market activity recorded its steepest weekly slide in recent data, according...
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Nigeria’s FX market turnover drops by $656.67 million in a week
Dollar liquidity in Nigeria’s official FX window tightened sharply last week, as fresh data reveals a steep pullback in trading activity across spot...
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Nigeria’s July remittances hit record $947m, nears $1bn goal
Diaspora inflows through formal channels just posted their strongest month ever, putting the Central Bank’s ambitious $1 billion target within touching distance.Nigeria recorded...
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FGN bonds see N29bn turnover on NGX debt board
Federal government bonds changed hands worth nearly N29.3 billion last week, with a 2027 note pulling in the bulk of investor demand.Confiance News...
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Aradel Holdings tops oil and gas trades on NGX
A single stock moved more value than most entire sectors combined, as Aradel Holdings’ share price crossed N1,373 to lead the oil and...
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Seplat, NEPL to train 500 Edo teachers in 2026 STEP cohort
Programme has upskilled over 2,000 educators across Edo, Delta and Imo since inceptionThe NNPC Exploration and Production Limited (NEPL)/Seplat Energy Joint Venture has...
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Banking stocks drive N24.3bn turnover on NGX premium board
Zenith Bank and UBA powered a wave of investor activity on the Nigerian Exchange last week, cementing banking as the dominant force on...
Chioma Obinagwam1 Mins read
