Analysis and Data


Naira suffers further loss against dollar

Traders at the market are hope the naira will rebound in the coming weeks.


Naira dips against dollar

Traders at the market said that the demand for the greenback was still on the high side.

Why kerosene sells for N200 per litre — NUPENG

NUPENG says at present, NNPC was the only importer of kerosene and is using private depots to sell the product.

Naira notes used to illustrate market trading

Naira extends depreciation at parallel market

The Nigerian currency exchanged at N380 to the dollar, from the N378 it traded on Friday.

Crude oil extraction [Photo credit: Bloomberg]

South Africa’s petrol price to drop by 7.4% in August

The price of wholesale diesel will also go down by 6.3 per cent, the government says


Naira in stability contest against dollar

The naira also depreciated further at the official interbank rate as it exchanged at N330.12 to the dollar.


Naira stable against dollar as CBN meets over economy

The CBN had on July 22 issued circular mandating DMBs to sell foreign currency proceeds from international money transfers to BDCs.


Tony Attah takes over from Omotowa as NLNG MD  

Mr. Attah was Managing Director of Shell Nigeria Exploration and Production Company.

Skye Bank shares drop further by 8.42%

A breakdown of the activity chart on the Exchange showed that investors sold 21.59 million shares of Skye Bank valued at N18.79 million.

Total Health Trust wins 2016 Nigeria Health Care Awards

The annual Nigeria Healthcare Excellence Awards are designed to recognise recognize the rapid growth of the healthcare sector .

19 northern Nigerian states set to establish new bank

The NNDC says it has already put modalities in place to realize the plan.


NSE market indices drop further by 2.72%, amid pressure on investors

Traded shares volume closed higher with an exchange of 352.29 million shares valued at N3.85 billion transacted in 5,024 deals.

Dr. Dakuku Peterside, NIMASA Boss

NIMASA to undergo major reforms – Dakuku Peterside

Mr. Peterside says the agency under his leadership will change the narrative from the negative perception of corruption, inefficiency and abandonment of its core mandate.

EFCC re-arraigns Fred Ajudua for alleged $1m Scam

Mr. Ajudua allegedly defrauded General Bamaiyi

Diamond Bank Headquarters Photo: Business News

Diamond Bank declares N217 billion gross earnings in 2015

The bank’s profit before tax dropped to N7.1 billion from N28.10 billion in 2014, a decrease of 74.8 per cent.


NSE market capitalisation rebounds by N20 billion

All-Share Index rose by 58.76 points to close at 24,823.86​.​

ANALYSIS: The immediate task before reconstituted NEITI board

Nigeria faces the sanctions from global EITI.


NSE All-Share Index drops by 0.04%

Tiger Brand was the toast of investors, trading 3.29 billion shares worth N4.07 billion achieved in 29 deals.


Nigeria’s active telecoms subscribers down by one million – NCC

Data shows increase in Fixed Wired/Wireless subscribers in the country


Nigeria inflation increased to 9.6 % in December

Inflation was 9.3% in October and 9.4% in November.

10,000 Nigerian freight forwarders “to lose jobs to foreign counterparts”

Local companies want government to make the business exclusive to citizens.


Nigerian capital market slips further by N250billion

7UP lost N8.75 to close at N166.25, while Dangote Cement dropped N5.18.