Asian markets surged on Monday as China unveiled fresh measures to bolster its struggling economy. However, investor sentiment remained cautious ahead of key U.S. economic data...
Sinopec Corp, the behemoth of the Chinese refining industry, is gearing up to keep its refinery output stable during the latter half of 2023, anticipating a...
The Nigerian stock market made a triumphant turnaround as investors rekindled their enthusiasm for BUA Foods Plc, Dangote Sugar Refinery Plc, and Transnational Corporation Plc, igniting...
The National Insurance Commission (NAICOM) has raised concerns about the adverse effects of the ongoing foreign exchange crisis and inflationary trends on the insurance sector, with...
Non-Compliance with Audited Financial Statements and Quarterly Reports Submission Results in Penalties
The Nigerian economy faced a severe setback in the second quarter of 2023, with losses exceeding N1 trillion. This alarming decline was unveiled following a breakdown...
There is mounting evidence suggesting that commercial banks and merchant banks in Nigeria have increasingly turned to the Central Bank of Nigeria (CBN) for liquidity, with...
Nigeria’s foreign reserves declined by $915 million following the Central Bank of Nigeria’s (CBN) decision to officially adopt a floating exchange rate system and liberalize the...
Ethiopian Airlines has taken center stage in driving the African Continental Free Trade Area (AfCFTA) initiative forward. The airline’s commitment to enhancing intra-Africa trade is reflected...
As of August 28th, 2023, the dollar to naira exchange rate is 1 USD to 915 NGN at the black market. This means that for every...
