Gold rises as China data boosts yuan against dollar.
Gold prices saw a resurgence on Friday as the U.S. dollar weakened against the yuan, driven by encouraging economic data...
Airpeace Embarks on Ambitious Expansion with $300 Million Plane Order
Air Peace, West Africa's largest airline, has inked a transformative deal with the renowned aircraft manufacturer, Embraer Aerospace Corporation, to...
Naira Depreciates to N945/$ in the Parallel Market
The exchange rate between the naira and the US dollar traded for an average of N945/$1 on Thursday, September 14,...
Nigeria’s Petrol Imports Decline as Subsidy Removal Takes Effect.
In the wake of Nigeria's landmark decision to remove fuel subsidies, the country's petrol imports have seen a significant decline...
UK Economy’s July Contraction Sparks Diverse Interpretations Amid Multiple Contributing Factors
The unexpected contraction of the UK economy in July has triggered a range of perspectives within the financial and economic...
Pound Slumps as UK Economic Contraction Exceeds Expectations in July
In a surprising turn of events, the British pound witnessed a decline against both the US dollar and the euro...
ABCON Urges CBN to Grant BDCs Digital Autonomy for Exchange Rate Convergence
In a bid to achieve exchange rate convergence and enhance the stability of Nigeria's foreign exchange market, the Association of...
BP Stock Declines Following CEO’s Resignation Over Relationship Disclosure
Shares in BP, one of the UK's leading energy companies, witnessed a surprising dip as CEO Bernard Looney resigned...
Economic Complications Loom as NLC Threatens Indefinite Strike Amidst Unresolved Demands
Just one week after orchestrating a nationwide two-day warning strike, the organized labor, represented by the Nigeria Labour Congress (NLC),...
Nigerian Stock Market Loses N757 Billion in Two Days After FTSE Russell’s Downgrade
Investors on the Nigerian Exchange Limited (NGX) have experienced a significant setback, with a total loss of N757 billion over...
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Dangote Refinery Expansion to 1.4 Million Barrels Per Day Expected to Create 95,000 Jobs
Naira Depreciates Further Against US Dollar at Official Market
Aviation Taxes and Fees Consume 35% of Airline Revenues in Nigeria, CPPE Warns
Nigeria Revenue Service Denies Introduction of New Vehicle Tax
Daar Communication Plc. reports an annual loss of N18.75 million for 2022.
