In the first half of 2023, Nigeria resorted to foreign borrowing, securing a total of $1.21 billion in loans to bolster capital importation. A recent report...
Nigeria’s external reserves have experienced a significant decline of $841.75 million between July and September 2023, according to data from the Central Bank of Nigeria (CBN)....
The Nigerian government has disclosed additional reasons behind the suspension of the NPower program, shedding light on ghost beneficiaries and consultants withholding participants’ funds. The program,...
The Federal Government, in collaboration with the Association of Power Generation Companies (APGC), has successfully augmented the national grid’s power capacity from 13,000 megawatts to 14,000...
The Israeli shekel plummeted to its lowest point in nearly eight years against the U.S. dollar on Monday, reflecting growing tensions in the Middle East. This...
The Bank of Israel has announced a program to infuse $30 billion into the financial markets in its effort to restore stability after the recent attack...
U.S. stock futures tumbled as the military conflict in the Middle East sent shockwaves through global markets, causing oil and Treasuries to surge. Meanwhile, the release...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 9th, 2023, the dollar...
The Federal Government has announced the indefinite suspension of the Npower program, a flagship initiative aimed at addressing youth unemployment and promoting social development. The decision...
Oil prices saw a modest uptick on Friday with Brent oil rising by 51 cents to $84.58 per barrel and U.S. West Texas Intermediate crude gaining...
