Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid...
As of August 21st, 2023, the dollar to naira exchange rate is 1 USD to 860 NGN at the black market. This means that for every...
The Naira continued its bullish trend against the US Dollar on Thursday on the parallel segment of the foreign exchange (FX) market following the reverberations of...
Nigeria’s equities market rebounded on Thursday, breaking its week-long streak of declines. The resurgence was primarily attributed to the resurgence of select consumer goods, insurance, and...
Cost-Cutting Measures Fail to Offset Deteriorating Macroeconomic Conditions
Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible...
The Nigerian naira gained against the United States Dollar at the parallel market, popularly known as the black market on Wednesday following the Central Bank of...
The Nigerian National Petroleum Corporation (NNPC) Ltd. and the African Export-Import Bank (AFREXIM Bank) have joined hands to secure an emergency crude oil repayment loan amounting...
The exchange rate of the Nigerian naira improved against the United States Dollar to N790 from N925 it was sold on the black market on Tuesday....
As the global oil markets and foreign exchange rates continue their tumultuous dance, President Bola Tinubu is reportedly considering a “temporary subsidy” on petrol to alleviate...