Business

OPay Strengthens Nigeria Expansion with New Jos Operations Hub

OPay Strengthens Nigeria Expansion with New Jos Operations Hub

OPay has expanded its operational footprint in Nigeria with the establishment of a new office in Jos, Plateau State as…
Nigeria’s FX Reserves Drop as Import Demand and Market Pressures Rise

Nigeria’s FX Reserves Drop as Import Demand and Market Pressures Rise

Nigeria’s foreign exchange reserves declined by $547 million within two weeks, falling from approximately $49.98 billion to $49.43 billion as sustained…
Nigerian Stock Market Weekly Report: ASI Declines 0.12% as Trading Activity Moderates

Nigerian Stock Market Weekly Report: ASI Declines 0.12% as Trading Activity Moderates

The Nigerian Exchange Limited (NGX) closed the week ended Friday, March 27, 2026, on a negative note as the All-Share…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 30th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 30th 2026

The Dollar to Naira black market exchange rate opened the week on a stable note on Monday, March 30th 2026,…
Energy Markets React to War Risk as Oil Prices Climb Above $115

Energy Markets React to War Risk as Oil Prices Climb Above $115

Global energy markets opened the week under pressure as crude oil prices surged above $115 per barrel, driven by escalating…
Black Market Dollar to Naira Exchange Rate Today, Monday, March 27th 2026

Black Market Dollar to Naira Exchange Rate Today, Monday, March 27th 2026

The Dollar to Naira black market exchange rate strengthened at the start of the new trading week on Monday as…
Nigeria Eyes 1.8 Million bpd Output as NNPC Plans Production Boost

Nigeria Eyes 1.8 Million bpd Output as NNPC Plans Production Boost

Nigeria is targeting an increase in crude oil production to an average of 1.8 million barrels per day (bpd) in…
Crude Oil Falls on Diplomatic Signals, Market Holds Firm Above $100

Crude Oil Falls on Diplomatic Signals, Market Holds Firm Above $100

Crude oil prices declined on Friday following renewed diplomatic signals around the ongoing Middle East conflict, but the market remained…
Nigeria Attracts $23.2 Billion in Capital Inflows as Investors Chase High Yields

Nigeria Attracts $23.2 Billion in Capital Inflows as Investors Chase High Yields

Nigeria recorded a sharp increase in capital inflows in 2025 with total foreign investment rising to $23.22 billion from $12.32…
CBN Ends 50% FX Retention Rule for Oil Exporters to Improve Market Liquidity

CBN Ends 50% FX Retention Rule for Oil Exporters to Improve Market Liquidity

Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has removed the requirement mandating international oil companies to retain a…
Back to top button