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Tag: trading

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Naira ends trading at N1035/$ on investor and exporter window

Naira ends trading at N1035/$ on investor and exporter window

January 4, 2024November 20, 2024 AGS

The naira witnessed a 4.72% decline, closing at N1035.12/$ on the official Investor and Exporter foreign exchange window on Wednesday, according to data from the FMDQ Securities Exchange. This marks a consecutive decline in the first two trading days of … Continue reading Naira ends trading at N1035/$ on investor and exporter window

BusinessLeave a comment
Naira declines to 1,233 per Dollar in parallel market trading

Naira declines to 1,233 per Dollar in parallel market trading

December 26, 2023November 20, 2024 AGS

In Monday’s trading session at the parallel market, the Naira was exchanged at 1,233 per US dollar, as reported by Bureau de Change operators. Several BDC operators indicated that the local currency maintained the same rate of 1,228 per dollar … Continue reading Naira declines to 1,233 per Dollar in parallel market trading

Business
Naira strengthens to N756/$ as trading surges on investor's window

Naira strengthens to N756/$ as trading surges on investor’s window

June 21, 2023June 21, 2023 AGS

The Nigerian naira experienced a 1.79% appreciation against the United States dollar on the Investor & Exporter (I&E) forex window, closing at N756.61/$ on Tuesday. This positive movement followed a slump in the local currency on Monday, where it closed … Continue reading Naira strengthens to N756/$ as trading surges on investor’s window

BusinessLeave a comment
Domestic firms drive listing fees to N180bn on NGX in Q1 2023

Domestic firms drive listing fees to N180bn on NGX in Q1 2023

May 4, 2023November 20, 2024 AGS

The Nigerian Exchange Limited (NGX) has reported a 44.6% increase in listing fees for Q1 2023, amounting to N179.2 billion. This is a significant rise from the N123.9 million recorded in the same period in 2022. Meanwhile, the group recorded … Continue reading Domestic firms drive listing fees to N180bn on NGX in Q1 2023

BusinessLeave a comment
NGX investors suffer N674bn loss in 4-day bearish trading

NGX investors suffer N674bn loss in 4-day bearish trading

April 10, 2023November 20, 2024 AGS

Investors on the Nigerian Exchange Limited (NGX) suffered a loss of N674 billion last week as the market remained open for only four trading days due to public holidays declared by the Federal Government for Easter celebration. The All-Share index … Continue reading NGX investors suffer N674bn loss in 4-day bearish trading

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