Category : Search result: forex market Nigeria


Naira Gains as Pound Sterling Falls Below N2,000 Mark

Nigerian naira strengthens significantly against British pound, dropping below N2,000 in both official and parallel markets. CBN reforms drive currency stability as forex reserves hit $43.34 billion.

GTBank Raises Naira Card Dollar Limit to $6,000

GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.

Nigerian Stock Market Plunges Amid Economic Worries

Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.

Nigeria's Shortlet Housing Revolution Explained

Discover how Nigeria's real estate landscape is rapidly evolving as traditional rentals give way to short-term accommodations, creating new opportunities and challenges for homeowners and tenants alike.

Benue Market Shut Over Rampant Car Theft

Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.

Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

Master Forex Trading in Nigeria: Tools & Tips

Discover the must-have tools and expert strategies Nigerian traders are using to dominate the forex market. Learn how to build a profitable trading career with our comprehensive guide.

Dangote Refinery Cuts Petrol Prices, Shakes Market

In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.

Asian Markets Crash Amid Tech Bubble Fears

Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.

Naira Crashes, Stocks Drop After Trump Victory

Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.

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