Custodians of Truth

Tag: FX

Nigerian Exchange Dominates African Markets with 33.70% Returns

In the first two months of 2024, the Nigerian Exchange (NGX) has emerged as the leading stock exchange in Africa, boasting an impressive 33.70% return on investments for investors. This accolade, disclosed in a statement from NGX on Tuesday, positions […]

Foreign trade declines by N2.6tn over FX shortage – NBS

According to the National Bureau of Statistics’ latest report on foreign trade statistics, the overall value of trade dropped from N14.6 trillion in the first quarter of 2022 to N12.05 trillion in Q1 2023. Nigeria imported $5.56 trillion and exported […]