The Dollar to Naira black market exchange rate rose slightly on Tuesday, May 5th, 2026, as renewed demand for foreign currency resurfaced across Nigeria’s parallel foreign...
Nigerian National Petroleum Company (NNPC) Limited has initiated a new effort to restore domestic refining capacity through a partnership framework with two Chinese industrial firms. The...
Nigerian National Petroleum Company (NNPC) Limited increased transfers to the Federation Account by 60 percent in March 2026 after a new remittance directive took effect. Inflows...
MTN Nigeria Communications Plc and Airtel Nigeria have driven a large-scale recovery of subscriber debt exceeding ₦2 trillion following the suspension of airtime and data lending...
Nigeria has strengthened its position in the global outsourcing market after emerging as one of the most cost-competitive destinations for business process outsourcing, outperforming traditional industry...
MTN Nigeria Communications Plc has approved a final dividend of ₦314.93 billion for the 2025 financial year following resolutions passed at its Annual General Meeting held...
The Nigerian stock market slowed on Monday as the All-Share Index (ASI) edged higher by 0.36 percent to close at 243,161.52 points, up from 242,277.81 recorded...
Nigeria’s export segment opened 2026 on a stronger footing with outbound trade approaching the $1 billion mark in the first quarter (Q1) as shipping activity and...
Nigeria’s official foreign exchange market recorded a notable rise in trading activity in April with total turnover crossing the $10 billion mark as the naira showed...
The U.S. dollar traded largely flat on Monday with the benchmark dollar index hovering near the 98.7 level as sharp movements in the Japanese yen dominated...