Naira Maintains ₦1,535/$ Rate In Parallel Market

The Naira maintained its position at ₦1,535 per dollar in the parallel market yesterday, showcasing a surprising stability amidst broader market volatility. In contrast, the Nigerian Autonomous Foreign Exchange Market (NAFEM) witnessed a depreciation of the ₦aira, slipping to ₦1,532.58 per dollar. According to FMDQ data, the indicative exchange rate for NAFEM rose from ₦1,523.85 […]

The post Naira Maintains ₦1,535/$ Rate In Parallel Market appeared first on Naija News.

NGX Suspends Unity Bank, NPF Microfinance, Six Others’ Trading

NGX: Investors Record N136bn Loss In One Week

NGX Regulation, the regulatory division of the NGX Group, has halted trading in the stocks of eight companies due to their failure to submit their respective accounts for 2023. In an announcement released on Monday, the Head of the Issuer Regulation Department, Godstime Iwenekhai, stated that the suspension would take effect immediately. The companies affected […]

The post NGX Suspends Unity Bank, NPF Microfinance, Six Others’ Trading appeared first on Naija News.