What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of December 29th, 2023, the dollar...
In the intricate tapestry of Nigeria’s economic landscape, the agricultural sector finds itself navigating turbulent waters, marked by a paltry 1.9% growth during the first three...
Kenya abandoned a plan to buy back a portion of a $2 billion eurobond, sidestepping a potential default on the terms of the debt, which mature in...
Nigeria’s naira is poised for its worst year since the return on democracy in 1999, with analysts predicting further depreciation in 2024. The naira plunged 55% this...
The global oil market is poised to close out 2023 with the first annual decline in two years as it is expected to close at a...
Zenith Bank Plc has been named the “Best Bank for Digital Solutions in Nigeria” in the Euromoney Awards for Excellence 2023, underscoring the bank’s pioneering and...
Nigeria is apparently launching its first regulated Naira stablecoin called cNGN following the lifting of a two-year ban on cryptocurrency trading through official channels. The new...
The Organisation of the Petroleum Exporting Countries (OPEC) stands as the harbinger of positive projections for the global oil market in 2024. In its latest monthly...
Amperion Power Distribution Company Limited, the principal shareholder of Geregu Power Plc, orchestrated three substantial cross-deals this December, involving 40 million units of the power company’s...
Investors on the Nigerian Exchange Limited (NGX) experienced a positive shift, gaining approximately N402 billion at the close of Thursday’s trading session. This marked a significant...