Analysis and Data

Dollar and Naira bills [Photo credit: NairaFX]

Naira sells at N360.72 to dollar at investors’ window

The naira closed at N306.9 to the dollar at the official CBN window.

Babatunde Fowler, FIRS Chairman

FIRS to impose VAT on online transactions, says Fowler

FIRS says it hopes to generate between N750 billion and N1 trillion from the clampdown on those who failed to embrace the government’s amnesty.


Why Jumia listed on NYSE – CEO

The company also denied allegations of fraud levelled against it.


Bears persist on NSE, indices down by 0.22 per cent

The market capitalisation closed lower at N10.678 trillion against N10.701 trillion recorded on Monday.


NSE: Market capitalisation opens the week with N6 billion loss

The All-Share Index which opened at 29,212.00 lost 15.13 points or 0.05 per cent to close at 29,196.87.

Dollar Bills

CBN injects $271.83million, CNY41.14million in retail FOREX market

Wholesale, SMEs, Invisibles get $205 million.

Nigeria Stock Exchange

NSE market indices down by 0.22 per cent ahead of Easter holidays

Investors’ wealth reduced by N24 billion as market capitalisation closed lower at N11.079 trillion against N11.103 trillion recorded on Friday.

Nigeria Stock Exchange

Stock Exchange reopens on downward trend

The market capitalisation, which opened at N11.672 trillion, lost N34 billion to close at N11.638 trillion.

Central bank of Nigeria (CBN)

CBN slashes lending rate

The decision was reached at the monetary policy committee meeting of the CBN on Tuesday.

Oil rig used to illustrate the story.

Oil prices rise amid supply cuts

Brent crude oil futures were at 67.48 dollars per barrel at 0747 GMT, up 27 cents, or 0.4 per cent, from their last close.

L-R: Minister of Trade and Industry of Rwanda, Soraya Hakuziyaremye; Globacom’s Executive Vice Chairman, Mrs Bella Disu; Ethiopian President, Sahle-Work Zewde, Togolese President,Faure Gnassingbé; and President of Africa CEO Forum, Amir Ben Yahmed, at the 2019 Africa CEO Forum in Kigali, Rwanda, on Monday.

Africa CEO Forum: Rwanda’s Kagame, Nigeria’s Disu call for collaboration on digitalization of Africa

Organisers describe the annual Africa CEO Forum as the foremost international meeting for African CEOs and investors. The gathering, now in its seventh edition, is holding between 25 and 26 March 2019 in Kigali, Rwanda.


Stock Exchange: Market capitalisation dips by N36 billion

The market capitalisation closed lower at N11.576 trillion from the N11.612 trillion recorded on Friday.

Tony Elumelu

UBA hinges future performance on cost efficiency, improved asset quality

UBA says it is a unique pan-African franchise with diversified risk and earnings across fast growing African economies.

Nigeria Stock Exchange

Mixed earnings: Stock Exchange indicators maintain negative outlook

The market capitalisation nosedive by N120 billion to close at N11.677 trillion against N11.797 trillion on Monday.


GTB’s profit increases in 2018

Gross earnings for the period under grew by 3.7 per cent to ₦434.7 billion.

The Murtala Mohammed International Airport

Nigeria air passenger traffic increased by 20 per cent in 2018 – NCAA

34 airlines on the international routes operated 15,645 flights and flew 4, 079, 0789 passengers during the period under review.

Central bank of Nigeria (CBN)

CBN boosts foreign exchange market with $210 million

Customers in the Small and Medium Enterprises segment received 55 million dollars.

Dollar and Naira bills [Photo credit: NairaFX]

Naira gains against dollar, closes at N358/$ at parallel market

The Nigerian currency traded stronger on the eve of elections than Thursday when it closed at N359 to a dollar.

Zenith Bank Plc headquarters

Zenith Bank’s gross earnings drops to N630.34 billion in 2018

The bank’s gross earnings was N745.19 billion in 2017.

Central bank of Nigeria (CBN)

CBN injects $210 million into foreign exchange market

The bank says the interventions were in continuation of its resolve to sustain the high level of stability in the foreign exchange market.

Nigeria Stock Exchange (NSE)

2018 results: NSE All-Share Index rebounds by 0.67 per cent

The All-Share Index rose by 216.11 points to close at 32,406.18 against 32,190.07 achieved on Monday.

Nigeria Stock Exchange

Election postponement: Nigeria equity market loses N196 billion in one day

The market capitalisation shed N196 billion to close at N12.004 trillion against N12.200 trillion on Friday.

Naira gains against dollar at I & E window

The Nigerian currency gained 28 Kobo to exchange at N361.67 to the dollar at the investors window, stronger than N361.95 traded on Monday.

Dollar and Naira bills [Photo credit: NairaFX]

Naira maintains stability against dollar

The Nigerian currency exchanged at N358 to a dollar.

Nigeria Stock Exchange (NSE)

NSE moves 723.79 million shares worth N12.21 billion

The All-Share Index rose by 96.43 points to close at 31,529.92 compared with 31,433.49 achieved on Thursday.