Markets

Dollar Rise Spurs EFCC Crackdown On Currency Manipulation By Cryptocurrency Platforms, Others

The Economic and Financial Crimes Commission (EFCC) has intensified its efforts to combat currency manipulation, particularly in light of the… Read More

2 weeks ago

Fluctuation In FX Rate Will Persist But We’re Working Towards Stability, Says Cardoso

Yemi Cardoso, the Governor of the Central Bank of Nigeria, addressed concerns about the fluctuating foreign exchange (FX) rates in… Read More

2 weeks ago

BDCs Now Buying Dollars At N980/$1, Selling At N1,020– ABCON President

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe, expressed satisfaction with the rise… Read More

3 weeks ago

Dangote Refinery Slashes Diesel Price To N1000/Litre, Marketers Hail Move

The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, commonly known as diesel. The… Read More

3 weeks ago

Nigerian Govt Pays About N600bn Monthly For Fuel Subsidy – Rainoil CEO

Gabriel Ogbechie, CEO of Rainoil Limited, revealed that the federal government has reinstated fuel subsidy, and pays about N600 billion… Read More

3 weeks ago

NGX Sees 7th Day Of Losses, N304bn Equity Drop, FBN’s SWOOT Exit

The Nigerian Stock Exchange (NGX) witnessed another day of downturn, marking the seventh consecutive day of losses for investors. The… Read More

3 weeks ago

Naira Nears N1,000/$1 At Parallel Market As Traders Anticipate Further Gains

The Nigerian naira is on an upswing against the United States dollar, reaching N1,136/$ at the official market and N1,050/$… Read More

3 weeks ago

Gold Prices Rise As Iran’s Attack On Israel Sparks ‘Safe Haven’ Demand

In a dramatic turn of events, gold prices surged in Asian trading, nearing record highs, driven by heightened demand for… Read More

3 weeks ago

Nigeria’s Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Nigeria, Africa's largest oil producer, faced a significant revenue setback as a consequence of consecutive declines in crude oil production.… Read More

3 weeks ago

Israel-Iran Crisis: Crude Oil Prices Will Rise Above $90 Per Barrel If Conflict persists- Analysts

Analysts predict a rise in crude oil prices beyond the $90 benchmark following Iran's assault on Israel over the weekend.… Read More

3 weeks ago

This website uses cookies.