Lagos, August 2, 2025 The Nigerian naira started the month of August on a steady note against the US dollar, showing no significant movement across official and parallel markets as currency traders assessed ongoing fiscal and monetary policies. At the close of trading on Thursday, August 1, the naira traded flat at approximately ₦1,235 per
Lagos | July 30, 2025 Despite a bullish run in the Nigerian equities market, many institutional fund managers are notably holding back from participating in the ongoing rally, citing concerns over macroeconomic uncertainty and valuation risks. The Nigerian Exchange (NGX) has recorded impressive gains in recent months, driven by renewed investor confidence, improved corporate earnings,
Investors in the Nigerian stock market had another profitable trading session on Tuesday as the market capitalization surged by N396 billion, continuing the recent bullish trend. The All-Share Index rose by 0.71% to close at 99,793.71 points, up from 99,088.32 points recorded previously, while the total market value climbed to N56.49 trillion from N56.09 trillion.
