Friday, April 26, 2024
MARKET UPDATE
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Tag "FMDQ OTC Securities Exchange"

Naira plummets to N860/$ at parallel market as dollar demand intensifies

    Naira plummets to N860/$ at parallel market as dollar demand intensifies

The naira has continued its downward spiral, falling to N860 per dollar at the parallel market on Wednesday. The figure represents a N35 or 4.2 percent depreciation compared to the

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Naira slides to N745/$ at parallel market

    Naira slides to N745/$ at parallel market

The naira has depreciated further against the dollar at the parallel and official sections of the foreign exchange market. Bureaux De Change operators (BDCs), popularly known as ‘abokis’, who spoke

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FMDQ, Luxembourg Stock Exchange partner on dual listing to boost visibility

    FMDQ, Luxembourg Stock Exchange partner on dual listing to boost visibility

FMDQ Securities Exchange Limited has partnered with Luxembourg Stock Exchange (LuxSE) to facilitate the dual listing of securities issued by financial institutions and corporates domiciled in the country. The partnership

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Naira appreciates at N394/$1 in I&E window

    Naira appreciates at N394/$1 in I&E window

The naira appreciated by 4.1 percent at N394.30 on Monday in the import and export (I&E) window.  Market analysts opined that the surge in demand pressure during trading forced authorities

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SEC: Companies may raise all-time high N200bn from debt sales in 2018

  SEC: Companies may raise all-time high N200bn from debt sales in 2018

The Securities Exchange Commission (SEC) says companies may raise as much as N200 billion from the sale of debt instruments

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