May 16, 2025

Naira Sees First Appreciation Against Dollar in Black Market

Ajibola5 months ago01 mins

This week, the naira has experienced its first appreciation against the dollar in the parallel foreign exchange market. Abubakar Alhasan, a Bureau de Change operator in Wuse Zone 4, Abuja, informed DAILY POST that the naira strengthened to N1625 per dollar on Thursday, up from N1635 on Wednesday. “We buy dollars at N1620 and sell…

NGX Continues Upward Trend as Investors Gain N186bn

Ajibola5 months ago03 mins

The Nigerian Exchange Limited (NGX) maintained its strong bullish momentum on Wednesday, with investors reaping N186 billion in profits. The market capitalization of NGX increased by N186 billion, or 0.27 percent, reaching N68.543 trillion, up from N68.357 trillion on Tuesday. The All-Share Index (ASI) also saw a rise, climbing by 296.72 points, or 0.27 percent,…

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Naira Sees First Appreciation Against Dollar in Black Market

NGX Continues Upward Trend as Investors Gain N186bn

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