As of February 9th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1510 NGN in the black...
Oil prices remained relatively stable on Friday, showing resilience amid ongoing tensions in the Middle East, with both Brent and West Texas Intermediate (WTI) crude oils...
Flutterwave, one of Africa’s leading fintech companies, is poised to undertake a substantial recovery effort following a High Court ruling granting it the authority to recover...
French energy conglomerate TotalEnergies has announced its intention to divest its minority stake in a prominent Nigerian onshore oil joint venture. The decision follows Shell’s recent...
Amid persistent foreign exchange (FX) scarcity and sluggish economic growth in high-income economies, Nigerians living abroad have sent home the lowest amount of remittances in nearly...
Hermes, the esteemed French luxury brand renowned for its coveted Birkin bags, has reported a significant surge in sales, defying the broader slowdown in the luxury...
Barclays Plc has announced its acquisition of Tesco Plc’s banking business in a £600 million deal. The transaction marks Barclays’ endeavor to strengthen its presence in...
Exxon Mobil Corp., a key player in Equatorial Guinea’s oil sector for almost three decades, has announced its plans to withdraw from the country in the...
To better manage foreign currency transactions and bolster the nation’s forex reserves, the Central Bank of Nigeria (CBN) has directed mandating Nigerian banks to pay international...
In the latest trading session on the Nigerian Exchange, investors faced a minor setback as the All-Share Index (ASI) experienced a slight dip, resulting in a...