Oil prices dipped by almost $1 on Wednesday ahead of the U.S. Federal Reserve’s anticipated interest rate decision. Investors are grappling with uncertainty surrounding peak rates...
As of September 20th, 2023, the dollar to naira exchange rate is 1 USD to 965 NGN at the black market. This means that for every...
Investors in the Nigerian stock market lost N409 billion last week after weeks of bullish run following President Bola Ahmed Tinubu’s economic restructuring. During the week,...
Oil prices continued their upward trajectory for a third consecutive session of gains on Monday. The surge was driven by a series of factors, including predictions...
Black Market Sees Dollar Surge to N960/$1
President Bola Tinubu has taken a significant step in shaping the future of Nigeria’s financial landscape by nominating Dr. Olayemi Michael Cardoso as the new Governor...
Oil prices extended their gain in the earlier hours of Friday following better-than-expected Chinese economic data and reports indicating record-breaking oil consumption. The reports have bolstered...
Bureau de Change Operators Concerned as Naira Depreciates Further; ABCON Urges Central Bank to Embrace Digital Transformation
Oil prices rebounded on Thursday following reports that Saudi Arabia and Russia have extended production cuts. These bullish sentiments managed to eclipse concerns regarding a softer...
The official market closed on Tuesday with the naira to dollar exchange rate settling at N742.10/$1 as per foreign exchange data released by the FMDQ Exchange....