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Chairman of Dangote Group, Aliko Dangote, has hailed President Bola Tinubu’s policies on subsidy removal and the elimination of multiple foreign exchange (FX) rates. Tinubu had...
At the weekend, major global equities lagged behind Nigerian equities in a steady surge that had seen investors win about N3.3 trillion over the previous three...
JP Morgan, a global American financial services company, says the naira is anticipated to strengthen and trade at roughly N600 to the dollar in the upcoming...
In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value...
Almost 24 hours after the local currency’s float, the Nigerian naira reached a high of 790 to the dollar in the investors and exporters (I&E) window on...
New exchange rates from the investors and exporters (I&E) window have replaced the outdated exchange rate listed on the Central Bank of Nigeria’s (CBN) website. As...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed that three oil marketers will start importing petroleum products from next month. Farouk Ahmed, chief...
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to remove the rate cap on the naira at the official Investors and Exporters’ Window...
Nigeria’s transportation industry is about to experience relief after the federal government’s petrol subsidy removal spiked exponential rise in the price of the product across the...
The Federal Government approved and signed permits on Tuesday for the establishment of two crude oil export terminals, which have the potential to bring in $11 billion...
