95% Surge in FX Demand Crashes Naira to New Low at Official Market
Adedapo Adesanya By Adedapo Adesanya The Naira was pressured against the United States Dollar in the Investors and Exporters (I&E)…
September 2022
Stock Market Sheds N111bn as Investors Offload Nestle, FCMB, Others
Dipo Olowookere By Dipo Olowookere The Nigerian Exchange (NGX) Limited went into another round of profit-taking on Thursday as investors…
Oil Prices Slide on Worsening Economic Outlook
By Adedapo Adesanya Oil prices settled lower on Thursday as traders weighed a worsening economic outlook against potential…
NGX All-Share Index Outperforms Inflation Over Three Years
Business Post Contributor The 3-year trailing performance of the All-Share Index (ASI) of the Nigerian Exchange (NGX) Limited surpasses the average…
Laolu Martins Was Minority Shareholder of Bukka Hut—Management
Modupe Gbadeyanka By Modupe Gbadeyanka The management of an online restaurant in Nigeria, Bukka Hut, has clarified that one of…
Usman Laments Nigeria, Saudi Arabia Trade Volume of $5m
Aduragbemi Omiyale By Aduragbemi Omiyale The president of the newly-establishment Nigeria-Saudi Arabia Chamber of Commerce, Industry, Mines and Agriculture, Mr…
Nigeria Ratifies ILO Convention on Violence, Harassment in Workplace
By Adedapo Adesanya President Muhammadu Buhari has signed the Instrument of Ratification for ILO Convention No.190 on Violence…
CBN Insists Rate Hike to 15.5% Not Textbook Economics
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has played down talks that its decision to increase…
Unity Bank, Lagos Food Bank Address Hunger, Malnutrition
By Aduragbemi Omiyale Food items worth millions of Naira have been donated to Ogundimu Ilaje, a riverine community…
Financial Phishing Cyberattacks Jump 79% in Nigeria
By Adedapo Adesanya The number of financial phishing attempts in the African regions increased significantly with Nigeria recording…