The Nigerian stock market kicked off the week on a positive trajectory as the Nigerian Exchange (NGX) recorded a gain of N36 billion on Monday. This...
Nigeria’s fiscal state has reached alarming levels as a recent report by BudgIT, a public accountability firm, reveals that the Federal Government (FG) spent more than...
Nigeria’s equity market has seen a significant surge in transactions, driven primarily by the ongoing bank recapitalisation efforts. According to recent data from the Nigerian Exchange...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rejected Shell International Plc’s $1.3 billion bid to sell its onshore assets to the Renaissance Consortium. This decision,...
Ecobank Nigeria Limited has officially launched its custody business operations in Nigeria, a significant milestone in its ongoing efforts to expand its financial service offerings. The...
The Nigerian economy grew in the second quarter of 2024 by 3.19% year-on-year, according to data released by the National Bureau of Statistics (NBS) on Monday....
As the US Federal Reserve signals potential interest rate cuts, there is growing optimism that Nigeria’s struggling naira could receive a much-needed boost. The Federal Reserve...
Emirates Airlines has re-entered the Nigerian aviation market, offering dollar-denominated fares that have sparked debate among industry experts and travelers alike. The airline, which suspended services...
In line with its commitment to support the growth and sustainability of Micro, Small and Medium-scale Enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank...
As of August 26, 2024, the dollar to naira exchange rate on the black market, also known as the parallel market or Aboki FX, is reported...