Naira gains N32.38 against dollar week-on-week
Nigeria’s currency, the naira, has gained a significant N32.38 against the dollar on a week-on-week basis at the official foreign […]
African Business News
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Russia Cuts Key Interest Rate to 20% as Inflation Slows Down
The Bank of Russia has made a significant move by cutting its key interest rate by 100 basis points to
Eid al-Adha: Naira appreciates massively against dollar across official, black markets
The naira appreciated massively against the dollar across the official and parallel foreign exchange markets on Thursday, ahead of the
Petrol not expensive in Nigeria – Dangote
The President of Dangote Group of Companies, Aliko Dangote, has named the road leading to the Dangote Refinery after President
Oando, other investors gain N224bn as NGX continues three-day uptrend
Oando and other investors raked in a N224 billion gain in a single day as Nigerian Exchange Limited continued a
Aldebaran Robot Maker Faces Liquidation Amid 60 Million Euro Debt
Renowned French robotics company Aldebaran, known for its innovative androids designed to recognize human emotions, has fallen into financial turmoil.
Naira Records Highest Single-Day Gain Against Dollar in Official Foreign Exchange Market
Naira Records Highest Single-Day Gain Against Dollar In a significant development, the Nigerian naira has achieved its highest single-day appreciation
AEDC workers issue notice to shutdown electricity supply in Abuja, three other Nigerian states
Blackout looms as the National Union of Electricity Employees threaten to down tools and shut down power supply in Abuja,
Investors gain N259bn as NGX continues uptrend
Investors at Nigerian Exchange Limited recorded a N259 billion gain on Tuesday to extend the uptrend. This comes as market
Naira to Dollar Exchange: Recapitalization deadline for BDC operators ends Tuesday — ABCON
The Association of Bureau De Change Operators of Nigeria has said the deadline for the recapitalization of legal BDC operators
US economy to suffer sharpest drop among major nations with growth set to slump to 1.6% this year
The global economy is bracing for a significant slowdown, with the United States poised to suffer the sharpest drop among
US extends tariff pause on Chinese imports through August amid stalled trade talks
The United States has extended a pause on tariffs for certain Chinese imports until August 31, amidst stalled negotiations between