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…
Tag: Turnover
Financial services sector dominates trading activities on NGX equity market
The financial services sector took the lead in trading activities on the equity market of the Nigerian Exchange Ltd. (NGX) during the week, as investors engaged in transactions totalling 1.6 billion shares valued at N36.50 billion across 42,546 deals. According to the NGX weekly market report, this week’s turnover contrasted with the previous week’s figures Read More…