Economy – Page 199 – City Business News

March 7, 2023 No Responses

Naira Exchanges N461.33 To Dollar At Investors, Exporters Window

Naira on Monday exchanged at N461.33 to a dollar at the Investors and Exporters window. The rate represented an increase of 0.09 per cent, compared to the N461.75 for which it exchanged to the dollar before the close of business...

March 5, 2023 No Responses

MOMAN Tasks Downstream Operators On Automation

The Major Oil Marketers Association of Nigeria (MOMAN) on Saturday urged operators in the Nigerian downstream sector to ensure automation of their services. According to the body, their services being automated will help them on data generation, improve produc...

March 4, 2023 No Responses

Market Capitalisation Down By N77b

Trading activities on the Nigerian Exchange (NGX) on Friday turned bearish as bargain hunting in Seplat and 15 others drove the performance with a loss of N77 billion. In summary, the market capitalisation lost N77 billion, to close at N30.249...

March 3, 2023 No Responses

NGX Group Declares N6.17b Revenue For 2022

The Nigerian Exchange Group Plc has recorded a revenue of N6.17 billion in its audited financial statement, ended December 31, 2022. The Group explained on Thursday that the figure represents an increase of 6.8 per cent Year-on-Year (YoY) when compa...

NGX: Ugochi Obi Makes WFE <strong>Women Leaders List For </strong>2023

March 3, 2023 No Responses

NGX: Ugochi Obi Makes WFE Women Leaders List For 2023

By Moses Ebosele, ebosele@hotmail.com — The World Federation of Exchanges (WFE), on Thursday, named the head of X-Academy, Nigerian Exchange (NGX), Ugochi Obi as one of the twenty women leaders for 2023. City Business News reports that the WFE...

March 3, 2023 No Responses

WFE Women Leaders: Profile Of Ugochi Obi, Head, X-Academy, NGX

The World Federation of Exchanges (WFE), on Thursday, named the head of X-Academy, Nigerian Exchange (NGX), Ugochi Obi as one of the twenty women leaders for 2023. Information made available to the WFE website explained that the X-Academ...

March 1, 2023 No Responses

Four Ships Berth At Lagos Port With Petroleum Products

The Nigerian Ports Authority (NPA), on Tuesday disclosed that four ships had arrived the Lagos Port and are waiting to berth with petroleum products. It listed the petroleum products as jet fuel, automobile gasoline and petrol. The authority said that...

March 1, 2023 No Responses

Naira Exchanges For N462 To Dollar At Investors, Exporters Window

The Naira on Tuesday remained unchanged, exchanging at N462 to the dollar at the Investors and Exporters window. The local currency did not change from its value on Monday. An exchange rate of N462.50 to the dollar was the highest...

March 1, 2023 No Responses

NGX, PAPSS Sign MoU On Cross-Border Payments

Nigerian Exchange (NGX) and Pan African Payments Settlement System (PAPSS) on Tuesday signed a Memorandum of Understanding (MoU), to integrate the payments system that would boost cross-border securities transactions across African capital markets. Mr Temi Pop...

February 28, 2023 No Responses

Stock Market Gains N207b

The Nigerian bourse on Monday extended its positive performance with market capitalisation gaining N207 billion or 0.69 per cent to close at N30.140 trillion compared with N29.933 trillion on Friday. Also, the All-Share Index (ASI) rose by 379.21 points, repre...

February 25, 2023 No Responses

Again, Naira Gains At Investors, Exporters Window By N461.17

The Naira on Friday exchanged at N416.17 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.03 per cent compared with the N461.33 it exchanged on Thursday. The open indicative rate closed at N461.25...

February 24, 2023 No Responses

Naira Gains At Investors, Exporters Window By N461.33

The Naira on Thursday exchanged at N461.33 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.06 per cent compared with the N461.60 it exchanged on Wednesday. The open indicative rate closed at N461.30....

February 24, 2023 No Responses

Banking Stocks Lift Market Capitalisation By N180b

The equity market on the Nigerian Exchange Ltd. (NGX) gained further on Thursday as it recorded N180 billion gains, following investors interest in Tier-one banking stocks. The market capitalisation gained N180 billion or 0.61 per cent to close at N29.76...

February 22, 2023 No Responses

Winners Emerge In Ecobank Supper Reward Campaign

Ecobank Nigeria Limited, a subsidiary of Ecobank Transnational Incorporated (ETI), has rewarded four customers, being winners in the Super Rewards deposit promo with N1 million each. The Super Rewards Campaign is a customer-focused initiative ...