The global crude oil market has been rocked by a surge in prices, triggered by relentless attacks on Russian refineries by Ukrainian fighters. Within just a week, prices of various crude oil
MoreThe NGX, Nigeria’s stock exchange, kicked off the week with a bearish tone, witnessing a decline in the All-Share Index by 0.4%, leading to a loss of 421.91 points, closing at 104,663.34
MoreThe Naira experienced a setback on Monday, slipping to N1,610 against the Dollar in the parallel section of the foreign exchange (FX) market. This marks a 0.63 percent decline from the N1,600/$
MoreAs the Nigerian Exchange (NGX) gears up for another week of trading, investors are eyeing potential winners after a robust performance in the previous week. With a surge in market capitalization and
MoreFormer Akwa Ibom State Governor, Victor Attah lamented Nigeria’s Foreign exchange (FX) crisis caused by cowhide (Ponmo) consumption instead of exporting. In a thought-provoking speech at the 2024 Institute of Certified Sales
MoreThe United States Chamber of Digital Commerce has demanded urgent action from President Biden to secure the release of two Binance officials detained in Nigeria. Labeling the detention as a “distressing breach
MoreAfter a tumultuous two days of losses, Nigerian investors found solace today as the equity market bounced back into the green zone. The market saw a refreshing upswing with a notable injection
MoreIn response to mounting concerns from Nigerian authorities, Binance, a prominent peer-to-peer cryptocurrency exchange, has taken measures to control the selling price of the cryptocurrency stablecoin, Tether, on its platform. This move
MoreThe Nigerian Naira experienced a slight appreciation against the United States dollar in trading sessions, despite concerns over widening gaps between official and parallel market rates. As per data from the FMDQ
MoreThe Nigerian equity market faced a grim second consecutive day this week, shedding N730 billion on Tuesday alone. The downward spiral follows closely on the heels of a significant loss of N1.82
More