I&E Window

October 12, (THEWILL) - The Central Bank of Nigeria (CBN) has lifted foreign exchange (FX) restrictions on the importation of 43 items. The apex bank also said it would boost liquidity in the Nigerian Foreign Exchange Market and intervene from...

September 03, (THEWILL) - Nigeria’s volatile currency market turnover climbed to $1.88 billion in August from $1.71 billion in the previous month, reflecting a 1.8 percent increase in 23 trading days. However, the market turnover for August 18, was not...

July 26, (THEWILL) - The domestic equities market recorded its first negative performance this week as profit-taking in MTNN (-3.4% against N225.10 share price) drove the benchmark index 0.5% lower to 65,687.16 points against 65,991.02 points on Tuesday. Market capitalisation...

July 24, (THEWILL) - The Nigerian equities market opened the week positively on Monday as demand for STANBIC (+10.0% from N68.95 share price), and FBNH (+9.8% shifting from a share price of N21.80 ) drove the All-Share Index higher...

The naira depreciated by 0.9% to NGN769.25/USD at the I&E window as against N763 on Tuesday (before the two-day public holiday to commemorate the Muslim festival of Eid-el-Kabir). Turnover rose 9% to close at $263.45 against $245.65 on Tuesday. Nigeria’s...

June 27, (THEWILL) - The local bourse extended yesterday’s positive performance, driven by renewed interest in Transcorp which closed at N19.36 from N17.60 per share (+10%), and UBA closing at N11.60 from N11.45 per share (1.31%) With market capitalisation...

June 21, (THEWILL) - The Naira resumed its plunge on the I&E window Wednesday, closing at N763.17/$ according to data on the FMDQ website. This represents a 1.4 percent depreciation from the gain of Tuesday when it closed at N756.61/$...

June 20, (THEWILL) - The naira continued in its debilitating state Tuesday as it slumped to N756.61/$ on the I&E window. Although this was a marginal recovery from Monday’s all-time crash of N770.38/$1, it marks the historic convergence of...

June 19, (THEWILL) - The Naira suffered the worst bashing in known records as it dipped to an all-time low of N770.38/$1 at the I&E window Monday. This represents a 12.2 percent depreciation from the N686.90 the local currency...