The Nigerian Exchange Group experienced its most substantial single-day decline in January, shedding a N1.07 trillion on Wednesday. This sharp dip is the third consecutive decline...
The Central Bank of Nigeria (CBN) has issued a directive ordering Deposit Money Banks (DMBs) to divest their surplus dollar holdings by February 1, 2024. This...
FBN Holdings has appointed Femi Otedola as its new Chairman of the Board of Directors, eliciting applause from shareholders and industry observers alike. The billionaire businessman’s...
Oil prices edged up on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new...
Nigeria’s naira dropped to a record low against the dollar on the official market on Tuesday, FMDQ Exchange data showed on Wednesday, slipping below rates on...
As of February 1st, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1510 NGN in the black...
FBN Holdings Plc, one of Nigeria’s prominent financial institutions, has appointed Mr. Olufemi Peter Otedola, CON, as its new Chairman of the Board of Directors, effective...
In view of the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS) has extended the filing of employers’ annual tax...
The Nigerian Naira declined further against the United States Dollar on the black market on Wednesday, according to currency traders. The local currency was exchanged at...
Oil prices dipped on Wednesday as concerns over China’s economic performance and escalating tensions in the Middle East weighed on market sentiment. Brent crude oil, against...
