The U.S. dollar strengthened against major global currencies on Monday as investors sought safety following renewed tensions between the United...
Gold prices declined on Monday as renewed tensions between the United States and Iran sent crude oil prices sharply higher,...
Dangote Industries Limited’s proposed oil refinery in Kenya has attracted fresh regional investment interest after Tanzanian billionaire Mohammed Dewji expressed...
Trading activity in Nigeria’s foreign exchange market weakened considerably during the week ended July 10, 2026, as transaction volumes across...
Investors are increasingly reallocating funds to short-term debt instruments as elevated bond yields and persistent inflation continue to shape Nigeria’s...
Nigeria’s crude oil industry extended its recovery in June 2026 as the country produced above its crude oil production allocation...
The Dollar to Naira exchange rate in the Nigerian black market, commonly referred to as the parallel market, remained relatively...
Airtel Africa Plc has received shareholder approval to pay a final dividend of 4.26 U.S. cents per ordinary share following...
The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, traded within a...
The Economic and Financial Crimes Commission (EFCC) has arraigned a former employee of Access Bank Plc over the alleged diversion of ₦294.6 million belonging to the...
Over the past decade, global payments have slowly changed. More often than not, consumers now pay internationally by using virtual dollar cards to bypass local restrictions...
Nigeria’s crude oil production is set to receive a significant boost as ExxonMobil resumes deepwater drilling operations with a $1 billion investment in the Usan field....
eTranzact International Plc has proposed a final dividend of 12.5 kobo per ordinary share for the financial year ended December 31, 2025, subject to shareholder approval...
International Breweries Plc has unveiled plans to restructure its share capital as part of a broader effort to eliminate accumulated losses, strengthen its balance sheet and...
Dangote Industries Limited has commenced preliminary development activities for its planned 700,000-barrel-per-day oil refinery in Kenya. The project, which will be located in Lamu on Kenya’s...
Gold prices declined on Thursday as rising U.S. Treasury yields and renewed inflation concerns reduced demand for the precious metal, offsetting support from heightened geopolitical tensions...
Oil prices extended their rally on Thursday with Brent crude oil climbing above $78 per barrel as renewed geopolitical tensions in the Middle East reignited concerns...
The Nigerian stock market continued its bullish momentum on Wednesday with investors gaining ₦3.45 trillion as sustained buying interest in large-cap stocks pushed the Nigerian Exchange...
UTM Offshore Limited has secured a 15-year gas supply agreement for its proposed $3 billion Floating Liquefied Natural Gas (FLNG) project. The agreement provides the long-term...
