Business
OPay Strengthens Nigeria Expansion with New Jos Operations Hub
March 30, 2026
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
March 30, 2026
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
March 30, 2026
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
March 30, 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
March 30, 2026
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
March 27, 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
March 27, 2026
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
March 27, 2026
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
March 27, 2026
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
March 27, 2026
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…