The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s foreign exchange market. As of January...
The Nigerian stock market rebounded on Wednesday after losing N152 billion on Tuesday to post a N507 billion gain. The market capitalisation of listed equities rose...
The Organisation of the Petroleum Exporting Countries (OPEC) has said its crude oil production dropped by 120,000 barrels per day (bpd) to 27.05 million bpd in...
Lagos State Governor, Babajide Sanwo-Olu, will today sign the state’s historic N3.3 trillion 2025 appropriation bill into law at Lagos House, Alausa, Ikeja. The landmark budget,...
The pound fell 0.7% against the US dollar on Thursday to $1.2280 as growing concerns over the British fiscal outlook and persistent inflationary pressures weighed on...
The global banking sector is predicted to experience significant job cuts amid the rising interest in artificial intelligence (AI) and its growing efficiency. Up to 200,000...
Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments by Intercontinental Exchange Inc. (ICE). The...
Brent crude oil, against which Nigerian oil is priced, rebounded about 1% to near $76 a barrel on Thursday after data showed a drawdown in US...
The Nigerian stock market shed N152 billion in market capitalisation following widespread sell-offs in Northern Nigeria Flour Mills (NNFM), Vitafoam Nigeria, and 50 other stocks. At...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is set to address long-standing challenges faced...