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....
International Energy Agency Predicts Supply Shortfall in Q4; China's Role Remains a Wild Card in Global Oil Demand
Oil prices saw a dip on Monday following the announcement of extended voluntary supply cuts by Saudi Arabia and Russia, which had driven prices to a...
In a dynamic address at the Nigeria-India Presidential Roundtable and Conference, Tony Elumelu, Chairman of Heirs Holdings and Co-Chair of the Business 20 (B20) Action Council,...
In a tragic turn of events, a rare and powerful earthquake rattled Morocco late Friday night, resulting in a devastating loss of life and extensive damage...
As of September 9th, 2023, the dollar to naira exchange rate is 1 USD to 930 NGN at the black market. This means that for every...