Finance

Naira Loses Ground Against Dollar At Official Market

Naira weakened further at the official foreign exchange market, depreciating by N3.32 to close at N1,379.06 against the U.S. dollar, extending losses recorded earlier in the week.

Nigerian Market Gains N3.16 Trillion In Bullish Week-End Trading

Nigeria's equities market rebounded strongly on Friday as investors gained N3.16 trillion, driven by renewed buying interest in banking, telecommunications and oil and gas stocks.

Strong Naira Rally Extends Gains At Official FX Market

The Naira appreciated to N1,351.02 at the official FX market, extending recent gains amid improved liquidity and sustained Central Bank interventions.

Fidelity Bank Makes Strategic Chairman Appointment, Names Amaka Onwughalu Board Leader

Fidelity Bank Plc has appointed Mrs Amaka Onwughalu as its new Chairman, effective January 1, 2026, following the completion of Mr Mustafa Chike-Obi’s tenure.

Equities Market Sustains Rally as Investors Gain ₦257bn

Equities closed higher as sustained buying interest lifted market capitalisation by ₦257 billion, extending the Nigerian stock market’s positive momentum.

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