Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
Profit-taking halts bullish run, share value dips by N167bn
THE bullish run in the Nigerian Stock Exchange (NSE) was halted Wednesday, as profit-taking activities by investors dragged the value of listed equities by N166.5 billion. Particularly, the value of listed equities, represented by the market capitalisation, dipped by 2.37 per cent to close at N6.871 trillion from N7.038 trillion at which it opened.
