Analysis and Data


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.

Naira Notes

Naira appreciates further at parallel market

The Nigerian currency exchanged at N358 to the dollar.

Naira notes

Naira closes at N363.32 to dollar at investors window

Market turnover at the window stood at $160.08 million.

Nigeria Stock Exchange

NSE: Trading resumes on negative trend

The All-Share Index shed 82.39 points to close at 31,344.24 against 31,426.63 on Friday.

Nigeria Stock Exchange

NSE sustains positive outlook, indices up 1.41%

Total Oil leads the gainers’ table for the day.

Nigeria Stock Exchange

NSE All-Share Index up by 0.45 per cent despite technical obstructions

The market capitalisation increased by N50 billion, closing at N11.174 trillion compared with N11.124 trillion posted on Friday.

Nigeria Stock Exchange (NSE)

NSE: Bears on rampage, market capitalisation loses N136bn

The All-Share Index, which opened at 30,400.28, shed 364.13 points to close at 30,400.28 recorded on Monday.


Nigeria drops to 14th in Africa in best countries for business – Report

Previously, Nigeria was ranked as 115th best country to do business in the world and 3rd in Africa.

Kemi Adeosun and Zainab Ahmed

ANALYSIS: How Nigeria’s finance ministry has fared in three years under Adeosun, Ahmed

Kemi Adeosun and Zainab Ahmed have been the finance ministers under President Muhammadu Buhari.

Nigeria Stock Exchange

NSE market capitalisation dips N239bn, amid year end activities

The All-Share Index lost 654.91 to close at 31,037.72 compared with 31,692.63 achieved on Thursday.

EFCC officials sealing up a building under investigarion

EXPLAINER: 10 things to know about Bankers Warehouse, firm claiming $2.8mn seized by EFCC

The EFCC has asked for a temporary forfeiture of the money.

Social Media icons

How social media is powering new Nigerian entrepreneurs

From students to frustrated white-collar job seekers, a new generation of business-savvy Nigerians are finding solace and prosperity online

Nigeria Stock Exchange (NSE)

NSE: Crucial indices down by 0.10 per cent as profit taking persists

The All-Share Index declined by 29.26 points or 0.10 per cent to close at 30,773.64 against 30,802.90 on Thursday.

President Muhammadu Buhari presents 2019 budget to the National Assembly (Photo Credit: @brytedude on Twitter)

Quarter of Nigeria’s 2019 budget will pay debts — more than infrastructure spending

Analysts raise concerns on the sustainability of the nation’s increasing debt portfolio and its management.

Nigerian economy improved slightly in 2016, but remains in recession -- NBS [Photo Credit:]

Nigeria’s economy grows by 1.81% in Q3 – NBS

The recovery of Nigeria’s economy is set to become a dominant theme.