Naira Float

Equities Market Gains N145bn as Naira Slumps 1.9% on I&E Window

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...

Investors’ Interest in Geregu Pushes Benchmark Index Up 0.3% As Naira Appreciates to N768.16/$

July 20, (THEWILL) - Bullish sentiments resurfaced in the equities market Thursday as buying interest in GEREGU (+5.7% from share price of N333) drove the benchmark index 0.3% higher. Thus, the All-Share Index closed at 63,930.72 points against 63,757.23 points...

Equity Investors Lose N5bn As Naira Plunges 6.9% to N793.70/$

July 19, (THEWILL) - Today, the domestic bourse slipped on Wednesday as the benchmark index closed 0.01% weaker to settle at 63,757.23 points. Market capitalisation lost 5 billion to close at N34.71 trillion against N34.72 on the previous trading. ...

Equities Market Rebounds With N204bn Gain Amid Slight Appreciation in Naira to N795.28/$

July 17, (THEWILL) - The local bourse opened the week Monday, rebounding by 0.60% to settle at 62,943.35 points, against 62.569.73 points on Friday. Market capitalisation rose by N204 billion to close at N34.27 trillion from N34.06 trillion in...

Currency Float: I&E Window Records Over $2.5bn Turnover in One Month, Naira Hits N803.90/$

One month after the Nigerian government liberalised the exchange rate on June 14, 2023, the Investors’ and Exporters’ FX (I and E) window recorded over $2.5 billion within one month of 21 trading days. This represents about 58...

Naira Depreciates To N782.49/$ On I&E Window As NGX-ASI Drops 2.47%

July 12, (THEWILL) - The Naira dropped slightly Wednesday on the I&E window to N782.49/$ as against N788.42/$ on Tuesday – a depreciation of 0.8%. Total turnover also dropped to $68.10 million against $99.69 million on the...

NGX-ASI Hits Record High Since 2008, as Naira Sinks Lowest to N788.42/$

July 11, (THEWILL) - Nigeria equities market sustained its bullish sentiments as buying interests in DANGCEM (+9.3% from N360.70 share price), and BUACEMENT (+6.6% with N97 per share) which drove a 1.7% increase in the benchmark index – the...

Equities Market Soars, Hits 15-Year High As Naira Appreciates 4% to N744.07/S

July 10, (THEWILL) - Nigerian equities opened the week strong Monday as the benchmark index gained 2.48% to close at 64,603.69 points, the highest point since 17 March 2008, against 63,040.41 recorded last Friday. Market capitalisation rose to N35.1 trillion...

Naira Rises to N742.31/$ As Equities Market Resumes Bullish Trend

July 05, (THEWILL) - Nigeria Naira closed at N742.31/$ on Monday, gaining 3.5 percent over yesterday’s N768.44/$ on the I&E Window, according to report by FMDQ. The aggregator also announced on its website that daily turnover on the...

NGX All-Share Index Dips to 1.99%, As Naira Closes on N768.44/$ Depreciation

July 04, (THEWILL) - The domestic bourse today slipped as the benchmark index closed 1.99% weaker at 60,715.04 points against 61,949,24 the previous day.. Gains in PRESCO (+1.69% from N190 per share), FCMB (+4.26% from N5.45 per share), and...
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Lack Of Love Not Enough – Akwa Ibom Court Rejects Divorce Petition After 43-Year Marriage

An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
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