Nigeria’s oil sector, once the powerhouse of the nation’s economy, is now grappling with an unprecedented decline in foreign direct investment (FDI). This downturn has seen...
The Central Bank of Nigeria (CBN) recorded its highest dollar sales in a single month for 2024 in May as it sold $575 million. According to...
Nigeria was thrown into darkness once again as the nation’s power grid collapsed early Monday morning. The collapse occurred at exactly 1:47 am, according to officials...
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, has assured citizens that the nation is on the right path to economic recovery, with...
GameStop Corp. shares skyrocketed on Monday, climbing 64% following a post by Keith Gill, the prominent retail investor who goes by the username DeepF— Value on...
Oil prices experienced a turbulent trading session on Monday as the market reacted to OPEC+’s announcement of a plan to gradually restore production starting in October....
Saudi Aramco’s latest $12 billion share offering sold out within hours of its launch on Sunday. The rapid sellout marks a significant success for the Saudi...
The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, agreed on Sunday to extend their oil output cuts well into 2025....
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of June 3rd, 2024 stood at...
FBN Holdings Plc declared N238.53 billion profit before tax (PBT) in its unaudited first quarter (Q1) ended March 31, 2024 results, which was about 325.2percent growth...