Bitcoin, the world’s most dominant cryptocurrency, plunged from around $29,000 a coin amid rising global uncertainty surrounding interest rates. The catalyst for this disruption was the...
The Naira continued its bullish trend against the US Dollar on Thursday on the parallel segment of the foreign exchange (FX) market following the reverberations of...
Nigeria’s equities market rebounded on Thursday, breaking its week-long streak of declines. The resurgence was primarily attributed to the resurgence of select consumer goods, insurance, and...
A consortium led by Transcorp has secured a 60 percent stake in the Abuja Electricity Distribution Company (AEDC), along with interests in power plants in Delta...
The Central Bank of Nigeria has unveiled a new foreign exchange price verification system tailored to facilitate importer access to forex. The announcement was made by...
Cost-Cutting Measures Fail to Offset Deteriorating Macroeconomic Conditions
As of August 18th, 2023, the dollar to naira exchange rate is 1 USD to 860 NGN at the black market. This means that for every...
Introduction: In a much-anticipated update for Nigerians, the latest news on Npower payment for today, August 17, 2023, is making waves. As the country eagerly awaits...
Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible...
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), is set to face legal action alongside his associates for their alleged involvement in...
