The equity market extended losses on Thursday as the market capitalization shed N25 billion or 0.10 percent to close at N24.094 trillion from the 24.119 trillion on Wednesday.

The Financial Technology sector (Fintech) on Wednesday, engaged the Labour Party Presidential candidate, Mr. Peter Obi on the future and growth of fintech in the country.

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says eNaira has recorded 700,000 transactions valued at N8 billion, since its inauguration on Oct. 25, 2021.

The Naira on Tuesday exchanged at N446 to the dollar at the Investors and Exporters window, a depreciation of 0.68 percent, compared with the N443 it exchanged on Monday.

An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos, Nigeria.

Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) barricaded the “Terminal 2’’ building of the Murtala Muhammed Airport, Lagos on Tuesday to the chagrin of air travellers.

Financial analysts at Afrivest West Africa have suggested that only concerted fiscal and monetary policy would resolve the challenge of high inflation in the country.

The central parity rate of the Chinese currency renminbi or the Yuan, weakened 128 pips to 7.1698 against the dollar on Friday, according to the China Foreign Exchange Trade System.

The Nigerian equities market on Thursday reversed its three-day bullish streak due to profit-taking, mainly in stocks of Airtel Africa.

The Naira on Thursday exchanged at 444.50 to the dollar at the Investors and Exporters window, a depreciation of 0.64 percent, compared with N441.67 to the dollar it exchanged on Wednesday.

Copper production has fallen at Anglo-Swiss commodity trading and mining company, Glencore Plc, in the first three quarters of 2022 compared to the same period of last year.

FBN Holdings (FBNH) Plc has declared a profit after tax (PAT) of N91.2 billion for the third quarter that ended Sept. 30.