Naira Market Archives — Page 2 of 2

January 18, 2023 No Responses

State Governors Invite Emiefele For Meeting Over New Naira Notes

The 36 state governors have invited the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emiefele, for a virtual meeting on Thursday over issues related to the new naira notes introduced by the apex bank. The Head, Media...

January 11, 2023 No Responses

Naira Gains by 0.04% At Investors, Exporters Window

The naira on Tuesday exchanged at 461.50 to the dollar at the Investors and Exporters window. The figure represented an appreciation by 0.04 per cent compared with the 461.67 it exchanged on Monday. The open indicative rate closed at N460.25...

October 29, 2022 No Responses

Investors Lose N388b On NGX

The Nigerian Exchange Ltd. (NGX) declined further on Friday as market capitalisation depreciated by N388 billion or 1.6 per cent to close at N23.918 trillion from N24.306 trillion on Thursday. Also, the All-Share Index (ASI) fell by 712.54 points or...

February 4, 2022 No Responses

NGX Lists Key Growth Drivers For 2022

The Nigerian Exchange (NGX) Ltd. has listed five key areas it will pursue to make significant strides in 2022. The Chief Executive Officer, NGX, Mr Temi Popoola, listed the key areas as building on digital transformation, listings and delistings, technol...

November 18, 2021 No Responses

NGX Outlines Benefits Of Special Purpose Acquisition Firms

The Nigerian Exchange Ltd (NGX) has identified the Special Acquisition Compaines (SPACs) as a timely solution that will offer an alternative route to increasing the number of listings in the capital market. The Head, Listing Business of the NGX, Mr...

October 26, 2021 No Responses

CBN Explains Guidelines For eNaira

The Central Bank of Nigeria (CBN) has released regulatory guidelines for eNaira launched by President Muhamadu Buhari on Monday, October 25, 2021. The eNaira speedwallet app meant for individuals had, as at 4.pm on Monday seen ...

September 26, 2021 No Responses

At FICAN Conference, Emefiele Harps On Infrastructure Development

The Federal Government needs about S$100 billion annually to address the nation’s infrastructure deficit, Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, reiterated on Saturday in Lagos. Speaking at the 30th Anniversary Confere...