Banking system liquidity surged to N7.35 trillion as the Central Bank of Nigeria (CBN) lowered rates on Open Market Operation...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained largely stable on...
Broad-based selling intensified on the Nigerian Exchange (NGX) on Wednesday with five equities hitting the Exchange’s maximum daily decline as...
Champion Breweries Plc and VFD Group Plc bucked the broader market trend on Wednesday as both stocks recorded strong gains...
Banking stocks remained the Nigerian Exchange’s (NGX) primary source of liquidity on Wednesday as Zenith Bank Plc recorded the highest...
Building the systems that turn potential into prosperity. Part II: The Doorway Is Visibility One of Africa’s greatest economic paradoxes...
The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage...
Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over...
Dangote Petroleum Refinery generated N19.13 trillion in revenue and approximately N2.50 trillion in profit after tax in the first half...
Access Holdings Plc is set to open its highly anticipated N350 billion rights issue to existing shareholders on Monday, July 8, 2024. The strategic move was...
The Nigerian National Petroleum Company Limited (NNPC Ltd) declared a state of emergency on the nation’s crude oil output. The announcement was made by the Group...
Nigeria achieved a notable trade surplus in the first quarter of 2024, driven by a significant increase in exports. According to the latest report from the...
Oil prices surged to their highest levels in two months on Tuesday, driven by a combination of rising summer demand and potential supply disruptions due to...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
Nigeria attracted a record $3.38 billion in foreign investments during the first quarter of 2024, the highest quarterly inflow in four years. This surge in investments...
Nigeria’s money supply (M3) soared to an all-time high of N99.23 trillion in May 2024, according to data released by the Central Bank of Nigeria (CBN)....
Nigeria’s newly operational Dangote oil refinery is making waves in the oil industry, rapidly increasing its gasoil exports to West Africa and capturing significant market share...
Hindenburg Research’s 2023 allegations against the Adani Group resulted in a $153 billion loss in market value for the Indian conglomerate. Despite the monumental market disruption,...
After several months of declines and rangebound trading, Bitcoin (BTC) bulls have reason to cheer as the largest cryptocurrency is poised for a potential seasonal upswing...
