The Central Bank of Nigeria (CBN) has expressed satisfaction with the strides made in stabilizing the naira as excessive volatility appears to be subsiding. Speaking in...
Professional services firm PwC Nigeria has projected that the country’s inflation rate will reach approximately 29.5% by the end of the year. This forecast is significantly...
In a significant protest against an anti-smuggling operation, nearly 2,000 petrol stations in Nigeria’s North-East have shut down, causing widespread fuel shortages and forcing motorists to...
Shane Harris, the Managing Director of ExxonMobil Nigeria, has reaffirmed the company’s commitment to its operations in Nigeria. Addressing the speculation surrounding ExxonMobil’s proposed divestment of...
Nvidia Corp. shares entered correction territory on Monday, the biggest three-day value loss for any company in history. The AI-focused chipmaker experienced a 6.7% drop, its...
Kenyan President William Ruto has announced the deployment of 400 police officers to Haiti, marking a significant step in international efforts to combat the escalating gang...
Crude oil prices declined on Monday as the U.S. dollar strengthened and concerns over potential interest rate hikes resurfaced. Brent crude oil, against which Nigerian oil...
In a brief yet impactful trading week marked by Eid-el-Kabir celebrations, Nigeria’s equities market closed in the red as the market shed a total of N103...
As of June 24th, 2024, the black market rate stands at ₦1,510 per USD, reflecting ongoing fluctuations in Nigeria's forex landscape.
In response to mounting complaints from the public regarding the pervasive issue of begging and extortion at Nigeria’s international airports, Aviation Minister Festus Keyamo has pledged...