Singapore-based Olam Group Ltd. is grappling with a tumultuous year as it confronts fraud allegations in Nigeria, leading to a significant decline in its shares, the...
African central banks are gearing up for a series of decisions in the next three weeks, with most of them leaning towards maintaining their current interest...
Oil prices extended their gain in the earlier hours of Friday following better-than-expected Chinese economic data and reports indicating record-breaking oil consumption. The reports have bolstered...
As of September 15th, 2023, the dollar to naira exchange rate is 1 USD to 955 NGN at the black market. This means that for every...
Bureau de Change Operators Concerned as Naira Depreciates Further; ABCON Urges Central Bank to Embrace Digital Transformation
Oil prices rebounded on Thursday following reports that Saudi Arabia and Russia have extended production cuts. These bullish sentiments managed to eclipse concerns regarding a softer...
United Bank for Africa (UBA) reports a 438 percent increase in its profit after tax to N378.24 billion in the first half of 2023. According to...
As of September 14th, 2023, the dollar to naira exchange rate is 1 USD to 945 NGN at the black market. This means that for every...
MTN, Nigeria’s leading telecom operator, has received approval for an additional 10MHz spectrum allocation within the 2.6GHz spectrum band. This development is poised to significantly bolster...
The official market closed on Tuesday with the naira to dollar exchange rate settling at N742.10/$1 as per foreign exchange data released by the FMDQ Exchange....