The decline of the Nigerian naira has emerged as an unexpected lifeline for many loss-making firms in Africa’s largest economy. At an event co-organised by BusinessDay...
Oil prices for both Brent and West Texas Intermediate (WTI) crude reached new highs on Thursday, with Brent holding above $87 a barrel, its highest level...
The Nigerian Exchange Limited (NGX) rebounded on Tuesday from the previous day’s losses with a gain of N25.72 billion. This rebound was primarily driven by significant...
The Nigerian National Petroleum Company Limited (NNPC Ltd) declared a state of emergency on the nation’s crude oil output. The announcement was made by the Group...
Oil prices surged to their highest levels in two months on Tuesday, driven by a combination of rising summer demand and potential supply disruptions due to...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
The Nigerian equities market began the month of July on a slightly negative note with the All Share Index (ASI) dipping by 0.04% at the close...
Oil prices climbed on Monday, driven by forecasts of a supply deficit stemming from peak summer fuel consumption and ongoing OPEC+ production cuts. Brent crude oil,...
Nigeria’s foreign reserves rose to $34.14 billion as of Friday following a $2.75 billion loan borrowed from the World Bank. This represents a 4.06% rise from...
Veteran Nollywood actor Olu Jacobs, whose illustrious career has spanned over four decades, has once again been the subject of unfounded rumors about his death. On...