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TNC Daily Open: Tariff 'Flexibility' Adds Uncertainty, Not Just Benefits

Nigeria, March 24 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Forex Volatility: BDC Operators Rank Naira as World's Most Unpredictable Currency

Nigeria, March 24 -- The naira is quickly becoming the world's most erratic currency, according to Bureau De Change (BDC) operators operating under the auspices of the Association of Bureau De Change ... Read More


Bitcoin Breaks $86,000 As The Cryptocurrency Market Picks Up Steam

Nigeria, March 24 -- Bitcoin and other top cryptocurrencies advanced on Monday, boosted by optimistic investor optimism amid fears about imminent US tariffs and key economic data releases later this w... Read More


Liquidity Crisis Impacts Juicy Nigerian Treasury Bill Demand

Nigeria, March 21 -- Despite the Central Bank of Nigeria's (CBN) efforts to improve yields in the last two auctions, demand for Nigeria's one-year treasury notes, or T-bills, has steadily declined. T... Read More


TNC Daily Open: Impact of Tariffs And DOGE Cuts Becomes More Evident

Nigeria, March 21 -- The Trump administration's drastic economic policy and federal government changes negatively impact corporate profits. Nike warned that it anticipates a sharp decline in sales in... Read More


High Levels Of Uncertainty Pose A Risk To Naira's FX Liquidity

Nigeria, March 21 -- Despite the bullish dollar index in the global financial market, the Naira began Friday's session at N1,580/$ per dollar in the parallel market, down from N1,590/$ on Thursday. T... Read More


TNC Daily Open: Fed's Dot Plot Eases Market Jitters

Nigeria, March 20 -- As anticipated by market observers, the U.S. Federal Reserve ended its meeting by maintaining stable interest rates. Since lower interest rates often boost the economy and stock m... Read More


All-Share Index Drops Below 105,000, Sheds 0.44%; TransPower, ZenithBank Lead Trading

Nigeria, March 20 -- On March 19, 2025, the All-Share Index ended the trading day down, falling 460.56 points to 104,915.13. The index fell below 105,000, resulting in a 0.44% decrease from the previ... Read More


Nigerian Market Loses Attraction As Operators' Income Per User Drops

Nigeria, March 20 -- Nigeria is no longer the highest-earning telecom provider market. The average revenue per user (ARPU) fell from $3.08 in 2023 to $1.89 by the end of 2024, a 38.79 percent year-ove... Read More


TNC Daily Open: Market Slips as Investor Sentiment Worsens

Nigeria, March 19 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More