MTN’s FX-induced loss steals shine of record Q1 performance
…Profit would have doubled without FX loss A N656.3 billion foreign exchange loss in the first quarter of 2024 has...
- Thursday, May 09, 2024
BusinessDay
…Profit would have doubled without FX loss A N656.3 billion foreign exchange loss in the first quarter of 2024 has...
Nigerian banking stocks are on course for their biggest monthly slide in ten years as investors fearing dilution from a...
The Central Bank of Nigeria (CBN) sold dollars at the official and parallel markets last week in a bid to...
…as investors fear recapitalisation dilution Nigerian banking stocks are on course for their biggest monthly slide in ten years as...
Foreign investors are buying Nigerian stocks again after an extended time off sparked by dollar shortages made worse by the...
By Lolade Akinmurele and Eniola Olatunji The world’s best performing currency in April is taking a breather from a month-long...
The naira weakened by the most in over a month at the parallel market on Friday, ending a rally since...
Data showing the Central Bank of Nigeria’s (CBN) scant interventions in the foreign exchange market prove that it is not...
By Lolade Akinmurele and Eniola Olatunji Big banks have jumped right out of the blocks in a race to meet...
Foreign exchange inflows into Nigeria surged to a five-year high in March as investor confidence has improved on the back...
