Capital One Financial Corp. has announced its intention to acquire Discover Financial Services in a $35 billion deal. This strategic acquisition positions Capital One as the...
Nigeria’s unemployment rate surged to 5.0% in the third quarter (Q3) of 2023, representing an increase of 0.8% from the previous quarter, according to recent statistical...
As of February 19th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,650 NGN in the black...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, remains resolute in his optimism about the Nigerian economy despite the prevailing economic challenges. His...
The Nigerian stock market known as the Nigerian Exchange Limited (NGX) closed higher last week with investors gaining N2.115 trillion, a rebound from the previous week...
Oil prices experienced a downward trend as investor concerns intensified regarding the demand outlook that was fueled by reports of elevated producer prices in the United...
On Friday, the Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a substantial decline in dollar sales, plummeting to $84.1 million from the previous day’s $331.1 million,...
The Central Bank of Nigeria (CBN)’s announcement of a new Foreign Currency Gateway Bank has stirred concerns over the liquidity of Nigerian banks, according to recent...
The Securities and Exchange Commission (SEC) has granted approval to AVA Global Asset Managers Limited for its N200 billion Infrastructure Fund aimed at bolstering Nigeria’s infrastructure...
Oil marketers and members of the Nigerian Association of Road Transport Owners (NARTO) are engaged in intense negotiations to prevent a potential nationwide shutdown of fuel...