The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, traded within a stable range on Tuesday, June 30,...
Activity in Nigeria’s foreign exchange market rebounded strongly in the final week of June as total trading turnover climbed to $2.84 billion. According to the Weekly...
Dangote Petroleum Refinery has begun sourcing crude oil from the United Arab Emirates (UAE) as domestic supply constraints continue to challenge feedstock availability for the 650,000-barrel-per-day...
Major shareholders of Jaiz Bank Plc, including oil magnate Muhammadu Indimi, businessman Alhaji Umaru Abdul Mutallab, and investor Dantata Aminu Alhassan, are set to receive the...
Nigeria has secured the first $1.5 billion under its $5 billion financing programme with First Abu Dhabi Bank (FAB), the initial drawdown from a structured funding...
African banks are accelerating their expansion into Kenya as the country’s position as East Africa’s financial and commercial hub continues to attract regional lenders seeking long-term...
Zenith Bank Plc has reinforced its commitment to promoting trade, investment and economic cooperation between Canada and Africa by serving as the headline sponsor of the...
Gold prices declined on Monday as investors reduced exposure to the precious metal amid growing expectations that the U.S. Federal Reserve will maintain a restrictive monetary...
Shareholders of Jaiz Bank Plc have approved a plan to raise up to ₦150 billion in fresh capital through multiple funding options as the non-interest lender...
Oil prices edged higher on Monday as investors continued to monitor geopolitical developments in the Middle East, where renewed tensions have kept concerns over potential supply...