By Adedapo Adesanya There was a 0.41 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, August 8 amid slight selling pressure. This...
By Adedapo Adesanya The Naira appreciated against the US Dollar for the fourth straight session at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday. This...
By Adedapo Adesanya Oil prices settled higher on Thursday for the third consecutive session, with support from US jobs data which eased demand concerns while war...
By Adedapo Adesanya The Central Bank of Nigeria’s (CBN) refusal to pay $2.4 billion foreign exchange (FX) forwards declared illegal is affecting the operations of Nigerian...
By Adedapo Adesanya The Nigerian National Petroleum Company (NNPC) Limited has clarified issues surrounding the reported fire at the Mobil filling station at Ikeja, Lagos on...
By Adedapo Adesanya Micro, small, and medium-scale enterprises (MSMEs) in Nigeria require an estimated N13 trillion ($32.2 billion) in financing to survive the current challenging operational...
By Adedapo Adesanya The Apapa Customs Command of the Nigerian Customs Service (NCS) has said it generated N1.2 trillion as revenue between January and July 2024,...
By Adedapo Adesanya The Nigerian government suspended the sale of subsidised 50-kilogramme bags of rice for N40,000 to public servants, a day after the programme was...
By Adedapo Adesanya The chief executive of the Nigeria National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has said the company is not sabotaging the economy...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has said it recorded a 55 per cent net foreign exchange (FX) flow of $25.4 billion in...