Business

Dollar to Naira Trades at ₦1,390 as Demand for Foreign Exchange Persists

Dollar to Naira Trades at ₦1,390 as Demand for Foreign Exchange Persists

The Dollar to Naira exchange rate remained relatively stable in the parallel market on Tuesday, June 23, 2026, despite continued…
OPay Unveils Kaduna Operations Center to Support Inclusive Banking

OPay Unveils Kaduna Operations Center to Support Inclusive Banking

OPay has expanded its physical presence in Northern Nigeria with the opening of a new operations center in Kaduna, a…
PayPal Launches PYUSD Stablecoin Services Across Africa and 69 Other Markets

PayPal Launches PYUSD Stablecoin Services Across Africa and 69 Other Markets

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Aradel Holdings Declares ₦23 Final Dividend, Sets July 31 Payment Date

Aradel Holdings Declares ₦23 Final Dividend, Sets July 31 Payment Date

Aradel Holdings Plc has announced a final dividend of ₦23.00 per share for the financial year ended December 31, 2025,…
NGX Loses ₦5.64 Trillion as Banking Stocks Lead Broad Market Selloff

NGX Loses ₦5.64 Trillion as Banking Stocks Lead Broad Market Selloff

The Nigerian Exchange Limited (NGX) closed the week ended June 19, 2026, on a bearish note as investors lost approximately…
Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction

Bharti Airtel Targets 79% Ownership in Airtel Africa Through $2.9 Billion Transaction

Bharti Airtel is moving to increase its ownership in Airtel Africa to 79 percent through a 282 billion-rupee ($2.9 billion)…
Nigeria Adds $1.69 Billion to External Reserves in Three Weeks

Nigeria Adds $1.69 Billion to External Reserves in Three Weeks

Nigeria’s external reserves increased by approximately $1.69 billion within three weeks amid growing improvement in the country’s foreign currency position.…
Dangote Refinery Accelerates Fuel Production with Increased Feedstock Procurement

Dangote Refinery Accelerates Fuel Production with Increased Feedstock Procurement

Dangote Refinery increased its use of imported refining inputs during the first five months of 2026 as the facility ramped…
Oil Prices Slide as U.S.-Iran Talks Ease Supply Concerns

Oil Prices Slide as U.S.-Iran Talks Ease Supply Concerns

Global oil prices moved lower on Monday as signs of progress in diplomatic negotiations between the United States and Iran…
Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment

Why OPay’s Planned U.S. IPO Could Redefine African Fintech Investment

The planned U.S. initial public offering of OPay is emerging as more than just another technology listing. If completed, the…
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