The Nigerian financial market showcased robust trading activities, dominated by the financial services sector. Despite this upbeat activity, investors witnessed a net loss of N90 billion...
Nigeria’s local refineries recorded a 92% decline in output over the past decade, according to the Statistical Review of the World Energy 2023 report. The data...
Global oil and gas giant Baker Hughes has expressed its commitment to invest in Nigerian refineries and actively participate in the upcoming bid round for marginal...
In a move to alleviate the challenges faced by taxpayers in meeting their obligations, the Federal Inland Revenue Service (FIRS) has announced a significant concession. The...
Amidst economic challenges, Nigeria’s official foreign exchange market, the Nigerian Autonomous Foreign Exchange Market (NAFEM), grappled with a significant 14.96% dip in turnover from N4.15tn to...
Bitcoin on Monday broke $40,000 resistance levels following a 2.9% surge in price to $40,867 per coin. The world’s largest digital currency has now appreciated by...
Gold rose to a record high of $2,135.39 per ounce on Monday during the Asian trading session while Bitcoin broke $40,000 a coin resistance levels. This...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of December 4th, 2023, the dollar...
Jonathan Oppenheimer, scion of South African billionaire Nicky Oppenheimer, has secured full ownership of Nigeria’s largest beverage can manufacturer, GZ Industries Ltd. Oppenheimer Partners Ltd. concluded...
Michael Saylor, chairman and co-founder of MicroStrategy Inc., has intensified his commitment to Bitcoin with a substantial investment of $593.3 million, expanding the enterprise-software company’s cryptocurrency...
