FX issues
23 Oct
Lingering uncertainty, insecurity, sustained foreign exchange liquidity challenge and other macroeconomic hitches, have continued to depress foreign investors’ appetite for stocks, even as participation in the local bourse decreased by 27.9 per cent in one month from August 2024 to September 2024.
4 Oct
Prolonged inflation and devaluation of naira have continued to shrink the earnings of listed firms with significant foreign exchange (FX) exposure, especially those in the manufacturing sector causing the share price of companies under the sector to lose over 20 per cent of their profit in nine months.
Latest
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Leaders of Central Africa demanded the Rwanda-backed M23 armed group stop its offensive in eastern Democratic Republic of Congo
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US President Donald Trump announced Friday he will name himself to be chairman of the Kennedy Center, putting his aggressive rightwing stamp
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Donald Trump's order to change the name of the highest mountain in the United States faced pushback Friday from members of his own party.
58 mins ago
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Katsina State Police Command has said it neutralised 11 suspected bandits and rescued 85 abducted persons in January 2025.
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Mehdi al-Shayesh thought he would quickly resettle in his central Syrian home town after Bashar al-Assad was ousted, but like many others
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Governor Fubara recently signed the N1.188 trillion Rivers State 2025 budget into law, purportedly submitted on December 30, 2024, by a three-member Assembly led by Victor Oko-Jumbo. The body in a statement signed by its National President, Bature Haruna, and the FCT Coordinator, Mark Okpanachi Ogah, said Fubara's action defies the judiciary's recognition of…
1 hour ago
President Donald Trump on Friday revoked his predecessor Joe Biden's security clearance in a blizzard of new orders