Business

FGN Bond Yields Fall as Investors Submit N1.49tn Bids for N1tn Offer

FGN Bond Yields Fall as Investors Submit N1.49tn Bids for N1tn Offer

Investor demand for Federal Government bonds remained strong in September as subscriptions reached N1.49 trillion against the N1 trillion offered…
Ethiopian Airlines Adds Port Harcourt as Fifth Nigerian Destination

Ethiopian Airlines Adds Port Harcourt as Fifth Nigerian Destination

Ethiopian Airlines will expand its Nigerian network with the launch of scheduled passenger flights to Port Harcourt from December 1,…
Black Market Dollar to Naira Exchange Rate for Today, Thursday, September 17, 2026

Black Market Dollar to Naira Exchange Rate for Today, Thursday, September 17, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,…
Banking Stocks Dominate NGX Liquidity as Trading Value Rises to N37.45 Billion

Banking Stocks Dominate NGX Liquidity as Trading Value Rises to N37.45 Billion

Banking stocks dominated liquidity on the Nigerian Exchange (NGX) on September 16 as trading value surged to N37.45 billion with…
Oil Falls to $104 as Saudi Arabia Reroutes Crude Through Oman

Oil Falls to $104 as Saudi Arabia Reroutes Crude Through Oman

Oil prices extended their decline on Thursday with Brent crude falling toward $104 per barrel as Saudi Arabia moved to…
NGX Investors Gain Nearly N1 Trillion as Market Rally Strengthens

NGX Investors Gain Nearly N1 Trillion as Market Rally Strengthens

Investors on the Nigerian Exchange (NGX) gained nearly N1 trillion in market value as equities advanced on September 16, supported…
NEWGOLD Jumps N3,900 as ETF Market Records Broad Gains

NEWGOLD Jumps N3,900 as ETF Market Records Broad Gains

NEWGOLD led gains in the Exchange Traded Fund (ETF) segment of the Nigerian Exchange (NGX) on Monday after advancing N3,900,…
NGX Group Hits 10% Daily Limit to Lead Market Rally

NGX Group Hits 10% Daily Limit to Lead Market Rally

NGX Group Plc spearheaded Monday’s market rally after rallying 10.00 percent to the daily price limit, reinforcing renewed investor appetite…
Black Market Dollar to Naira Exchange Rate for Today, Tuesday, September 15, 2026

Black Market Dollar to Naira Exchange Rate for Today, Tuesday, September 15, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, strengthened slightly on Tuesday,…
John Holt Leads Decliners as Profit-Taking Persists on NGX

John Holt Leads Decliners as Profit-Taking Persists on NGX

John Holt Plc topped the losers’ chart on the Nigerian Exchange (NGX) on Monday after its share price declined 10.00…
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