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Business Forex

Naira depreciates slightly against dollar

In a recent development, the Nigerian Naira experienced a minor depreciation in the official market, with an exchange rate of N1,309.39 to a dollar on Thursday. The Naira lost N8.96 or 0.69 percent compared to the previous day’s rate of N1,300.43 against the dollar. This slight decline reflects the currency’s fluctuation in response to market Read More…

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Business Forex

Naira gains strength as CBN tightens monetary policy

The Nigerian Naira saw a notable appreciation against the US dollar, closing at N1,300 per dollar, a 5.97% increase at the official market by Wednesday’s end. This marked improvement from Tuesday’s rate of N1,383 per dollar is a reflection of the Central Bank of Nigeria’s (CBN) recent monetary policy actions. The trading session witnessed a Read More…

Business Markets

FMDQ Group empowers young minds in financial markets through Next Generation programme

The recent culmination of the Next Generation Financial Markets Empowerment by FMDQ Group Plc. in Lagos saw no fewer than 130 pupils and students reap the benefits of this enriching initiative. The 2023 Summer Camp Programme took place at the FMDQ premises at Exchange Place in Lagos, offering a unique platform for learning and growth. Read More…