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By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange extended its gains by 1.68 per cent on Tuesday, February 10, further lifting the Unlisted Security Index (NSI) by 63.37 points to 3,830.31 points from the previous session’s 3,766.94 points. In the same
NASD OTC Index Jumps to 3,830.31 Points on 1.68% Gain Read More »
By Adedapo Adesanya The consistent reform agenda of the Central Bank of Nigeria (CBN) aimed at enhancing market stability by improving foreign exchange (FX) liquidity further strengthened the Nigerian Naira against the US Dollar in the Nigerian Autonomous Foreign Exchange Market
Naira Soars to N1,351/$1 at Official Market, N1,430/$1 at Black Market Read More »
By Dipo Olowookere The Nigerian bourse showed no signs of slowing its bull run as it further appreciated by 1.65 per cent on Tuesday, its highest daily gain in 2026. This was influenced by continued interest in shares in the energy, consumer goods and industrial goods sectors.
NGX Records 2026 Highest Daily Gain of 1.65% as YtD Return Hits 13.62% Read More »
By Adedapo Adesanya Oil went down less than 1 per cent on Tuesday as the markets waited for direction from news on diplomatic relations between the US and Iran, while the traders monitored efforts to end Russia’s war in Ukraine. Brent futures fell 24 cents or 0.3 per cent to
Oil Slips as Markets Await US–Iran Signals, Ukraine Peace Moves | B Read More »
By Adedapo Adesanya The Nigeria Revenue Service (NRS), formerly known as the Federal Inland Revenue Service (FIRS), has fixed a collection target of N40.7 trillion for the 2026 fiscal year. This is hinged on its last year’s record revenue collection of N28.3 trillion, which
Nigeria Revenue Service Targets N40.7trn in 2026 Read More »
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) says it has issued the Nigerian Content Equipment Certificate (NCEC) guidance notes to speed up oil and gas industry contracting processes, weed out firms lacking technical capacity to perform, and
NCDMB Issues NCEC Guidance Notes to Ease Oil Contracts, Cut Production Read More »
By Adedapo Adesanya The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has disclosed that Nigeria’s external reserves have risen to about $49 billion as of February 5, 2026, describing the development as a clear sign of improving confidence in the country’s eco
Nigeria’s Forex Reserves Now $49bn on Reforms—Cardoso | B Read More »
By Adedapo Adesanya Six price gainers lifted the NASD Over-the-Counter (OTC) Securities Exchange by 2.09 per cent on Monday, February 9, amid a surge in activity level. According to data, the volume of securities significantly increased by 3,499.1 per cent to 13.3 million units
Six Price Gainers Rally OTC Securities Exchange by 2.09% Read More »
By Adedapo Adesanya The first trading of the week at the Nigerian Autonomous Foreign Exchange Market (NAFEX) ended bullish for the Naira as it gained N11.93 or 0.87 per cent against the US Dollar on Monday, February 9, to trade at N1,354.26/$1 compared with the previous
Naira Trades N1,354 Per Dollar at NAFEX Read More »
By Adedapo Adesanya Crude oil gained more than 1 per cent on Monday after the United States issued an advisory to US-flagged vessels to stay as far as possible from Iranian territory while passing through the Strait of Hormuz and Gulf of Oman. The price of Brent crude was up 99
Crude Oil Soars as US Cautions Vessels Near Iran Read More »
