Business

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange rallied by 1.48 per cent on Monday, March 9, spurred by six price gainers at the close of business. The sextuplet was led by Nipco Plc, which added N28.00 to trade at N313.00 per unit versus the previous

By Adedapo Adesanya Oil prices fell in the later session of Monday after initially crossing the $100 per barrel mark as the escalating Iran war by the United States and Israel squeezed world energy supplies, boosted the Dollar, and dampened hopes of interest-rate cuts. Earlier,

By Dipo Olowookere The Nigerian Exchange (NGX) Limited ended its first trading session of this week on a positive note after it improved by 0.12 per cent on Monday. Buying pressure across key sectors of Customs Street influenced the growth achieved yesterday despite the global

By Adedapo Adesanya The Naira halted two consecutive weeks of depreciation in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, March 9, by remaining unchanged at N1,393.26/$1. However, against the Pound Sterling, it further depreciated by N3.07 yesterday to

By Dipo Olowookere The rise in the prices of crude oil grades on the global market as a result of the attacks on Iran by the duo of the United States and Israel has triggered an increase in the price of premium motor spirit (PMS), otherwise known as petrol, in Nigeria. This