Tag: Exchange

News

Femi Agbaje named Notore Chemical Industries chair

Notore Chemical Industries Plc has announced the appointment of Mr. Femi Agbaje as the Chairman of the Board of Directors until the Completion of the Company’s ongoing Private Placement Transaction. This was disclosed in the company’s notice to the Nigerian Exchange Limited and the investing public. According to the statement signed by the Group Chief Legal […]

Business

Exchange rate to stabilize in future, Minister tells investors

The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he expects the exchange rate to improve as a result of President Bola Tinubu’s and the Central Bank of Nigeria’s ongoing currency reforms. The PUNCH reported that his comments came nearly six months after Tinubu lifted the exchange rate cap, among other currency reforms. According to […]

The Nigerian equities market closed in positive territory on Thursday, with investors pocketing a gain of N239bn in market capitalisation
News

Nigerian Stock Exchange begins 2024 on positive note

The Nigerian Stock Exchange started on a positive note as the All-Share Index broke beyond the 75,000 barrier. The closing value of the All-Share Index was 75,990.88 points, an increase of 1,217.11 points or 1.63%. The market capitalization closed at N41.583 trillion on the first trading day of the year, with equities up N663 billion. […]

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