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BY HENRY BOYO “The IMF and other respectable International financial agencies and local economic experts, have commended the recent devaluation via a floating Naira exchange rate, as an ‘investment’ that would ultimately yield great…

NSE: Market capitalisation dips by 2.33%

Activities at the Nigerian Stock Exchange (NSE) on Friday reversed downward after appreciating for three consecutive days. The NewsGuru reports that the market capitalisation, which opened at N9.76 trillion fell by 2.33 per cent or N226…

Naira appreciates against the Dollar

The Naira on Friday appreciated against the dollar in all the segments of the Forex market. The Naira exchanged at N422 to the dollar, gaining 3 points from N425 it traded on Thursday, while the Pound Sterling and the Euro closed at N535…

Naira Gains Momentum Against Dollar

The local currency closed at N316.24 to the dollar at the segment from N338.96 traded on Tuesday. At the Bureau De Change (BDC), the naira exchanged at N413, N530, and N460 against the dollar, pound sterling and the Euro, respectively.…