The Nigerian National Petroleum Company Limited (NNPCL) faces increased scrutiny as the Extractive Industries Transparency Initiative (EITI) urges transparency regarding its 20% equity stake in the...
The Federal Government of Nigeria through the Bureau of Public Enterprises (BPE) is advancing with the sale of five power plants under the National Integrated Power...
Nigeria is bracing for a substantial surge in drug prices as import costs of pharmaceutical products are projected to surpass N900 billion following the persistent fall...
Nigeria has approved the public disclosure of forex rates by the Association of Bureaux de Change Operators of Nigeria. The initiative aims to minimize the divergence...
Netflix Inc. added 13.1 million customers during the final quarter of 2023, beating Wall Street’s projection of 8.91 million. This performance marked Netflix’s most robust quarter...
Brent crude oil, against which Nigerian crude oil is priced, declined by 0.6% decline to settle at $79.55 per barrel. The dip was attributed to growing...
As of January 24th, 2024, the dollar to naira exchange rate is 1 USD to 1360 NGN at the black market.
Bitcoin has fallen almost 20% since the Jan. 11 launch of the first exchange-traded funds investing directly in the token as speculators become more cautious about the...
India’s stock market capitalization has overtaken Hong Kong’s for the first time as the South Asian nation’s growth prospects and policy reforms make it an investor...
Nigeria’s central bank is expected to raise interest rates by as much as 500 basis points next month and provide clarity on foreign-exchange management that’s blamed...