By Adedapo Adesanya Crude oil depreciated on Friday as investors weighed weaker US consumer sentiment against mounting hopes for a rate cut in the world’s largest...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has announced the sale of about $125.2 million to 46 authorised foreign exchange (FX) dealers in its...
By Adedapo Adesanya Dangote Refinery has purchased 5 million barrels of US crude oil, scheduled for delivery next month and in September, as it plans to...
By Adedapo Adesanya Nigerian public officials received nothing less than N721 billion as bribes in 2023, a new survey titled Corruption in Nigeria: Patterns and Trends...
By Adedapo Adesanya President Bola Tinubu has renamed the National Theatre in Lagos after Nobel Laureate, Mr Wole Soyinka, in commemoration of his 90th birthday who...
By Adedapo Adesanya A surge in activity level, triggered by selling pressure, weakened the NASD Over-the-Counter (OTC) Securities Exchange further on Thursday, July 11 by 1.04...
By Adedapo Adesanya The Naira halted its fall against the Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, July 11. It was the...
By Adedapo Adesanya The price of Brent crude benchmark settled above $85 on Thursday as oil prices rose for the second consecutive session amid rising hopes...
By Adedapo Adesanya The Corporate Affairs Commission (CAC) has said it would cancel the certificates of incorporation of Bureau De Change (BDCs) whose licences have been...
By Adedapo Adesanya Nigeria’s external reserves have crossed the $35 billion mark for the first time in a year, data from the Central Bank of Nigeria shows....