President Bola Tinubu’s administration has formally requested the approval of the Nigerian Senate for a borrowing plan totaling $8.6 billion and €100 million. The request was...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 28th, 2023, the dollar...
Market Evaluates OPEC+ Decision Amidst Bearish Sentiment and Global Supply Worries
The Federal Executive Council (FEC) has greenlit an aggregate expenditure of N27.5 trillion for the 2024 Appropriation Bill. The announcement was made following a FEC meeting...
Global oil prices experienced a fourth consecutive day of decline as traders anticipated the delayed OPEC+ meeting later this week, coupled with a prevailing risk-off sentiment...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 27th, 2023, the dollar...
The Nigerian Exchange Limited witnessed a marginal downturn as market capitalization slipped by N35 billion on Wednesday. The All-Share Index and Market Capitalization both depreciated by...
Oil prices dipped by 1% on Thursday as OPEC+ unexpectedly postponed its scheduled meeting on production cuts. Brent crude oil, against which Nigerian oil is priced,...
Nigeria’s rig count, a crucial metric indicating the level of activity in the upstream sector, experienced a month-on-month decline of 13.3 percent, falling from 15 in...
Crude oil pulled back on Tuesday as investors remain cautious ahead OPEC+ meeting scheduled for Sunday. Brent crude oil, against which Nigerian oil is priced, shed...