Contrary to widespread assumptions, Nigeria has emerged with a surprising accolade in the realm of fiscal management as the International Monetary Fund (IMF) listed the country...
The tripartite committee tasked with reaching a consensus faced a deadlock as labour representatives rejected the government’s proposed offer of N57,000. Instead, labour unions put forth...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 23rd, 2024 stood at...
Nigeria’s equities market managed to close on a positive note despite the cautious sentiments lingering after the Monetary Policy Committee (MPC) decisions. Nestle Nigeria Plc emerged...
Nigeria has long held the title of Africa’s leading oil producer but signs are now suggesting a shift as neighbouring country Angola emerges as a new...
The Nigerian naira faced a downturn on Wednesday against the US dollar as the local shed 1.47 percent at the black market to N1,500 per dollar....
The Federal Government of Nigeria has given its nod to a $750 million funding initiative from the World Bank. This substantial investment is earmarked for the...
Dangote Refinery has announced an increase in the price of Automotive Gas Oil (diesel) from N940 per litre to N1,100 per litre. This significant adjustment in...
Fidelity Bank’s shareholders have approved a substantial compensation package for its chairman and non-executive directors. The decision, disclosed in a document filed with the Nigeria Exchange...
Oil prices declined by 1 percent amid the uncertainty surrounding the global oil market as the world looks to the Middle East for a solution. Brent...
