24 firms control over 70% of Nigeria’s stock market – Vanguard
Twenty-four companies have emerged as the most valuable stocks on the Nigerian Exchange Limited (NGX)…
24 firms control over 70% of Nigeria’s stock market – Vanguard
Twenty-four companies have emerged as the most valuable stocks on the Nigerian Exchange Limited (NGX) year-to-date (YtD) as of August 17, 2026. They account for 74.8 percent of the total market capitalisation of the equities market. The Vanguard reported that the 24 companies, drawn largely from the banking, consumer goods, industrial goods and energy sectors,…
Naira Exchange Rates/Commodity Prices Tuesday,18 August
BLACK MARKET RATES US Dollar (USD) Buy ₦1,405 Sell ₦1,413 Great British Pound (GBP) Buy ₦1,880 Sell: ₦1,900 EURO (EUR) Buy ₦1,580 Sell ₦1,600 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 Ghana Cedi (GHS) Buy ₦95 Sell ₦110 West African CFA Buy ₦2, 300 Sell ₦2, 400…
How Zamfara Can Achieve Sustainable Lithium Value Chain Development – RMRDC
• Muhammad Gambo-Yaro, delivered a presentation during the capacity building. The Raw Materials Research and Development Council (RMRDC) has proposed the development of a Zamfara Lithium Development Master Plan, establishment of a verified lithium resource inventory, including the promotion of investment in lithium industrial parks. The Zamfara State Coordinator, Mr. Muhammad Gambo-Yaro, made the call…
BoI Chief Exposes Nigerian Capital Market’s Capacity To Mobilise Long-Term Funding
Bank of Industry Limited (BoI) said that the domestic capital market has the capacity to mobilise long-term funding for productive investment in the country. The Managing Director/Chief Executive, BoI, Dr. Olasupo Olusi, expressed the conviction citing the oversubscription of the bank’s maiden N250 billion Series 1 Fixed Rate Bond, by domestic institutional investors within five…
Naira Exchange Rates / Commodity Prices Monday,17 August
BLACK MARKET RATES US Dollar (USD) Buy ₦1,410 Sell ₦1,420 Great British Pound (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,580 Sell ₦1,605 Canadian Dollar (CAD) Buy ₦1,020 Sell ₦1,080 South African Rand (ZAR) Buy ₦75 Sell ₦90 Ghana Cedi (GHS) Buy ₦95 Sell ₦110 West African CFA Buy ₦2, 300 Sell ₦2, 400 CENTRAL AFRICAN CFA Buy ₦2,150 Sell 2,250 CBN Exchange Rates US Dollar (USD) ₦1,357. 61 Great British Pound (GBP) ₦1,840.10 EURO (EUR) ₦1,571.70 Swiss Franc (CHF) ₦1,673.58 Chinese Yuan (CNY) ₦201.37 West African CFA (XOF) ₦2. 39 West African Unit Account (WAUA) ₦1,853.65 Saudi Riyal (SAR) ₦361. 59 South African Rand (ZAR) ₦83.85 COMMODITIES Commodity Price (US$) Chg % Soybeans 1182.39 4.64 0.39% Wheat 670.30 4.45 -0.66% Palm Oil 4714.00 4.00 0 .08 Cocoa 5773.00 54.00 0.94% Coffee 319.51 5.21 1.66 Corn 460.3454 1.3454 0.29 Sugar 16.67 0.07 0.43
Naira Exchange Rates / Commodities Friday, August 14
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,416 Sell ₦1,423 GREAT BRITISH POUND (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 GHANA CEDI (GHS) Buy ₦95 Sell ₦110 WEST AFRICAN CFA Buy ₦2, 300 Sell ₦2, 400…
Naira Exchange Rates / Commodity Prices Thursday, August 13
FOREX BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,420 Sell ₦1,425 GREAT BRITISH POUND (GBP) Buy ₦1,890 Sell: ₦1,910 EURO (EUR) Buy ₦1,585 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 GHANA CEDI (GHS) Buy ₦95 Sell ₦110 CBN Exchange Rates US DOLLAR (USD) ₦1,360.58 GREAT…
Bayer Localises Manufacturing of Reproductive Health Commodities in Nigeria
Nigeria is gradually moving from dependence on imported health products towards building domestic capacity to manufacture essential commodities.
Naira Exchange Rates Wednesday, August 12
FOREX BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,422 Sell ₦1,428 GREAT BRITISH POUND (GBP) Buy ₦1,885 Sell: ₦1,910 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS)…
RMRDC, NMDC To Begin Local Production of Ferro Alloys
Ferro alloys play a crucial role in steel production and defining their quality. They are used as deoxidisers and improve the properties of steel.
