Thanks to the increasing popularity of fast, economical 4G/5G networks, the fact that even low-cost phones come well equipped with...
Nigeria’s use of foreign exchange nearly doubled to $50.93 billion in 2025 as businesses, financial institutions and importers increased demand...
FirstBank of Nigeria Limited is spending more than N6 billion annually on cybersecurity as the lender expands its digital banking...
Dangote Petroleum Refinery has secured extended court protection against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), allowing the...
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...
One of the world’s largest cryptocurrency exchanges, Coinbase, has been plunged into chaos as it experienced a catastrophic system-wide outage, leaving traders and investors stranded and...
In a recent report titled “Nigeria: 2024 Article IV Consultation,” the International Monetary Fund (IMF) has advised the Nigerian government to terminate all forms of fuel...
The Nigerian Exchange Limited (NGX) has added another financial instrument to its trading platform with the listing of the AVA Infrastructure Series 1 Fund. Valued at...
NNPC Exploration and Production Limited (NNPC E&P Ltd) and Natural Oilfield Services Limited (NOSL) have commenced oil production at Oil Mining Lease 13 (OML 13) located...
Wema Bank, one of Nigeria’s leading financial institutions, has introduced a digital solution tailored for cooperative societies. The innovative platform, named CoopHub, was developed to drive...
Oil prices on Monday dipped as the U.S. Federal Reserve officials’ comments showed a cautious approach to interest rate adjustments. The dip in prices reflects concerns...
The Nigerian equities market declined by 1.36% last week, largely driven by losses incurred by prominent companies like PZ Cussons and Secure Electronic Technology. The All-Share...
President Joe Biden is preparing to quadruple tariffs on Chinese electric vehicles (EVs) as part of a broader strategy aimed at safeguarding American workers and industries....
Apple Inc. is reportedly finalizing an agreement with OpenAI to integrate the startup’s ChatGPT technology into its upcoming iOS 18 operating system. This strategic partnership signals...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of May 13th, 2024 stood at...
