Business

Black Market Dollar to Naira Exchange Rate for Today, Friday, August 28, 2026

Black Market Dollar to Naira Exchange Rate for Today, Friday, August 28, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on…
Investors Pour N3.63tn Into One-Year Nigerian Treasury Bills as Rate Falls to 17.15%

Investors Pour N3.63tn Into One-Year Nigerian Treasury Bills as Rate Falls to 17.15%

Investors submitted N3.63 trillion in bids for Nigeria’s one-year Treasury bills at the latest auction, more than seven times the…
Banking Stocks Drive NGX Higher as Zenith Bank, GTCO Dominate Trading

Banking Stocks Drive NGX Higher as Zenith Bank, GTCO Dominate Trading

Banking stocks led the Nigerian Exchange (NGX) to a positive close on Thursday as strong buying interest in tier-one lenders…
Gold Rises as Investors Question the Dollar’s Long-Term Purchasing Power

Gold Rises as Investors Question the Dollar’s Long-Term Purchasing Power

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 27, 2026

Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 27, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,…
The Market Remained Weak, but Selling Pressure Continued to Ease

The Market Remained Weak, but Selling Pressure Continued to Ease

The Nigerian Exchange (NGX) extended its downward trend on Wednesday as the benchmark All-Share Index (ASI) declined 0.17 percent to…
Oil Slides as Diplomatic Progress Erodes Middle East Risk Premium

Oil Slides as Diplomatic Progress Erodes Middle East Risk Premium

Oil prices extended their decline on Thursday as renewed diplomatic efforts in the Middle East continued to reduce the geopolitical…
Moniepoint Shuts UK-Nigeria Remittance Business Less Than 18 Months After Launch

Moniepoint Shuts UK-Nigeria Remittance Business Less Than 18 Months After Launch

Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international…
Nigeria’s Ventures Platform Raises $84 Million to Back African Startups

Nigeria’s Ventures Platform Raises $84 Million to Back African Startups

Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies…
MTN Eyes Banking Licences as African Fintech Business Expands Into Lending

MTN Eyes Banking Licences as African Fintech Business Expands Into Lending

MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks…
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