Tigran Gambaryan, a high-ranking executive at Binance Holdings Ltd., finds himself behind bars in Abuja, Nigeria amidst allegations of tax evasion and fraud. Gambaryan, the head...
As geopolitical tensions continue to simmer in the Middle East, global oil prices are edging closer to a significant milestone, hovering near a five-month high. Brent...
As of April 9th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,200 NGN in the black...
As of April 8th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,240 NGN in the black...
The Nigerian Exchange Group (NGX Group) has announced plans to bolster its capital base through a rights issue aimed at raising approximately N10 billion. The move,...
The much-anticipated Siemens $2.3 billion power project in Nigeria has taken a significant step forward with the arrival of crucial infrastructure – transformers and substations. This...
Nigeria’s foreign exchange reserves have plummeted by approximately $1.02 billion over an 18-day period. This significant drop underscores the intensifying pressure on the country’s currency and...
Renowned entrepreneur and philanthropist Tony O. Elumelu recently joined President Bola Ahmed Tinubu for an Iftar ceremony at the Presidential Villa in Abuja. The event, held...
The Central Bank of Nigeria (CBN) has announced the resumption of dollar sales to Bureau De Change (BDC) operators at a fixed rate. According to a...
Gold surged to yet another record high, breaking the $2,350 per ounce price level on Monday. The precious metal rally has been fueled by a combination...
