The persistent depreciation of Nigeria's naira has significantly impacted the pharmaceutical industry, with three listed ...
The Nigerian Exchange demonstrated resilience in 2024, with the All-Share Index posting a 37.65% year-to-date gain.
Data from the FMDQ Security Exchange official forex trading platform revealed that the Naira lost N20.82. This represents a 1.4 per cent loss when compared to the previous trading day on Friday, Jan.
In a letter dated February 2, 2025, addressed to exploration and production companies and their equity partners, NUPRC’s ...
Recently, the Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday ...
An Economic and Financial Crimes Commission (EFCC) witness, Salawu Gana, on Monday, admitted that the former governor of the Central ...
The Nigeria Loan Fund (NELFUND) has disbursed a total of N20,074,050,000 for institutional fees, benefiting no fewer than 192,906 ...
Some of the reforms put in place by Olayemi Cardoso, governor of the Central Bank of Nigeria, are starting to pay off as ...
Optimism around the $7bn foreign exchange backlog’s clearance and improved liquidity contributed to a 3.68 per cent week-on-week appreciation of the naira to 1,474.78/$ at the close of trading in the ...
It lauded the directive of the CBN governor to bank executives on the bank’s zero tolerance for infractions, saying that any institution that violates the FX code would face decisive sanctions.
NNPC, oil marketers imported over 4bn litres of petrol, 1.15bn litres of diesel in four months, costing N5.5 trillion.
WTI crude oil Friday closed down -0.20 (-0.27%), and March RBOB gasoline closed down -0.0067 (-0.32%). Crude and gasoline prices settled moderately lower on Friday, with cru ...