On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
The exchange rate between the United States dollar and the Nigerian naira witnessed significant fluctuations on Wednesday. The dollar rate extended its upward swing, closing at...
Nigeria is currently grappling with a pressing need for foreign currency, particularly dollars, while Norway, a nation sharing a comparable oil production capacity, witnessed its oil...
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
The Nigerian Exchange Limited (NGX) pulled back last week following weeks of bullish run that trailed a series of changes made by President Bola Ahmed Tinubu...
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