The Dangote Petroleum Refinery is poised to supply fuel to approximately 150,000 retail outlets affiliated with the Independent Petroleum Marketers Association of Nigeria (IPMAN). The decision...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of January 22nd, 2024, the dollar...
Eterna PLC, an integrated energy provider in Nigeria, has been named as the key distributor for Dangote Petroleum Refinery. Investors King reported that the Dangote refinery...
The Bureau De Change operators have attributed the persistent decrease in the Naira value against the United States Dollar to hoarding by some Nigerians looking to...
Following consistent efforts by the Nigerian government to increase crude oil production and subsequently deepen foreign revenue generation, Nigerian oil production has risen to 1.418 million...
The Pakistani military carried out targeted strikes against militant hideouts in Iran after Tehran launched similar attacks the day before, in an escalation of tensions. The...
The International Monetary Fund agreed to immediately disburse $684.7 million to Kenya, boosting the country’s foreign-exchange reserves before a critical eurobond repayment due in June. The money includes...
Nigeria’s central bank said it had cleared the foreign-exchange backlogs of 14 banks and begun settlements with international airlines. In a statement Wednesday it said that...
As of January 18th, 2024, the dollar to naira exchange rate is 1 USD to 1315 NGN at the black market.
Oil prices declined by over $1 following reports that China, the world’s largest importer of the commodity, is struggling with growth. This coupled with the persistent...