Business
Dollar to Naira Trades at ₦1,390 as Demand for Foreign Exchange Persists
June 23, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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
June 22, 2026
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…