The United States has called upon Gulf Arab states to intensify efforts to combat the suspected surge in fundraising by the militant group, Hamas. A scheduled...
Oil benchmark Brent surged above $88 a barrel on Wednesday as concerns over escalating conflicts in the Middle East took center stage and overshadowed worries about...
The Nigerian Naira hit an unprecedented low on Tuesday amid rising demand for the greenback across key forex segments. The local currency was exchanged at N1,310...
The Nigerian Naira extended its decline against the United States Dollar on the parallel market popularly known as the black market. The local currency was exchanged...
The Federal Executive Council of Nigeria has approved a $3.45 billion loan application to finance five crucial projects. The projects span diverse sectors, encompassing power, renewable...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 24th, 2023, the dollar...
Nigeria has succeeded in overturning the enforcement of the $11 billion arbitration award in favor of Process and Industrial Developments (P&ID) after a five-year-long legal battle....
President Bola Tinubu has pledged to honor the country’s foreign exchange obligations of $13 billion in an effort to ease foreign exchange illiquidity. This significant commitment...
A recent report jointly released by the GSM Association (GSMA) and the UK’s Department for Business and Trade has shed light on the growing impact of...
The Nigerian naira’s downward trajectory continues as it faces increased scarcity of the United States dollar. According to reports, the naira began trading at 1,175/$ and...
