Naira extends depreciation against dollar amid economic pressure
The naira weakened against the dollar at the official foreign exchange market on Monday. Data from the Central Bank of...
Business
197 articles
Oil prices fall as Iran-US tensions ease
Global crude oil prices fell despite escalating military tensions between the United States and Iran. Brent crude dropped 2 percent...
Stock market gains N962bn as winning streak hits five days
Nigeria's equities market extended its impressive run on Thursday, with investors pocketing N962 billion as shares climbed for a fifth...
Naira extends depreciation against dollar in latest trading
The naira weakened further against the dollar at the official foreign exchange market on Wednesday. According to data from the...
Banks hoard cash as government debt drains liquidity
A Nigerian entrepreneur spent months seeking bank financing for her business, facing repeated rejections before finally securing support. She credited...
Naira depreciates across official and black markets
The naira weakened against the dollar across both the official and parallel markets on Tuesday. Data from the Central Bank...
Dangote says filling stations slash fuel price by N125 per litre
Fuel prices at Nigerian petrol stations have dropped by N125 per litre over the past three weeks, the Independent Petroleum...
Naira appreciates against dollar as week opens positively
The naira gained ground against the dollar at the official foreign exchange market on Monday, marking a positive start to...
FCMB Asset Management receives A-rating upgrade from GCR
FCMB Asset Management Limited has won a credit rating upgrade from GCR Ratings, moving from A-(NG) to A(NG) on its...
FG urges states, private sector to boost blue economy
The minister of marine and blue economy, Dr Adegboyega Oyetola, has urged the federal and state governments, private sector players...
Gas prices drop as Nigeria reviews tariffs
Cooking gas prices have started sliding downward across Nigeria after climbing sharply due to supply shortages in recent weeks. Checks...
CBN appoints pre-shipment inspection agent for oil exports
The Central Bank of Nigeria has named Candid Oil Services Limited to serve as the pre-shipment inspection agent for the...