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NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026 Dangote Refinery begins export of refined petroleum products SEC Nigeria approves new digital assets trading framework NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026
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  1. O

    Naira Devaluation Hits Companies Hard as Six Firms Record ₦255bn FX Loss

    Naira Devaluation Hits Companies Hard as Six Firms Record ₦255bn FX Loss The persistent depreciation of the naira has led to significant foreign exchange (FX) losses for six companies listed on the Nigerian Exchange Limited (NGX), amounting to a combined ₦255.72 billion in their financial...
  2. O

    NAIRA AMONG THE WORST PERFORMING CURRENCIES IN SUB-SAHARAN AFRICA IN 2024: WORLD BANK REPORT BREAKDOWN

    NAIRA AMONG THE WORST PERFORMING CURRENCIES IN SUB-SAHARAN AFRICA IN 2024: WORLD BANK REPORT BREAKDOWN 1. Naira’s Depreciation in 2024 The Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa for 2024, according to the World Bank’s Africa’s Pulse...
  3. R

    PZ CUSSONS EXPECTS FY 2024 PROFIT AROUND £60 MILLION DESPITE 23% NAIRA DEPRECIATION

    Key Takeaways: - Profit Projection: PZ Cussons anticipates its 2024 full-year profit to range between £55 and £60 million, despite a 23% depreciation in the value of the Nigerian naira. - Revenue Estimate: The company projects revenue to reach approximately £528 million for the fiscal year...
  4. O

    SIGNIFICANT FINANCIAL EVENT: THE NAIRA DEVALUATION IN JUNE 2016

    SIGNIFICANT FINANCIAL EVENT: THE NAIRA DEVALUATION IN JUNE 2016 EVENT OVERVIEW: The significant devaluation of the Nigerian Naira occurred in June 2016. The official float was announced on June 20, 2016, and the naira devalued to around ₦280/$1 the following day. However, there was also a...
  5. LagosBwoi

    Nigerians come for Popular Twitter Influencer, Ogbeni Dipo

    Ogbeni Dipo who tweeted, “The Naira is not useless. The Naira is weak. Watch your language and pick your words” is been dragged on Nigeria Twitter for the better part of today. With people not agreeing to his view. The discussion seem to have taken place on popular audio social space...
    • LagosBwoi
    • Thread
    • dollar naira nigeria ogbeni dipo politics twitter
    • Replies: 0
    • Forum: Politics
  6. Adewale Stock

    Bitcoin prices drop lower and a lot of cryptocurrency traders did not like it

    There was a news that the price of Bitcoin drops a month ago, it dropped by 10 percent and many people were not ready for it's effect on the cryptocurrency world. A lot has happened to bitcoin prices over the years, at some point it was over $20,000 per bitcoin but now the price has dropped to...
  7. LagosPolice

    Abokifx - Should you rely on it when buying or selling dollar?

    For some weird reasons, abokifx has grown to be the market maker for Dollar and major currency transactions in Nigeria. Most people go on the site to see what the current prices of the dollars are and also for the UK currency pounds. The question is is ABokiFX reliable and how did they get to...
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