Business

Black Market Dollar to Naira Exchange Rate for Today, Monday, September 14, 2026

Black Market Dollar to Naira Exchange Rate for Today, Monday, September 14, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on…
Brent Crude Nears $110 as Hormuz Supply Disruption Tightens Global Oil Market

Brent Crude Nears $110 as Hormuz Supply Disruption Tightens Global Oil Market

Brent crude surged to within cents of $110 per barrel on Friday as worsening disruptions along major Middle Eastern shipping…
Nigeria’s Crude Export Supply Tightens as Dangote Refinery Buys 16 Million Barrels

Nigeria’s Crude Export Supply Tightens as Dangote Refinery Buys 16 Million Barrels

Nigeria’s crude oil export availability is coming under increased pressure after Dangote Petroleum Refinery purchased at least 16 million barrels…
NGX Loses N3.5tn in Two Sessions as Investors Position for Dangote’s N2.15tn IPO

NGX Loses N3.5tn in Two Sessions as Investors Position for Dangote’s N2.15tn IPO

The Nigerian Exchange (NGX) lost about N3.5 trillion in market value in two consecutive trading sessions as investors reduced positions…
Black Market Dollar to Naira Exchange Rate for Today, Friday, September 11, 2026

Black Market Dollar to Naira Exchange Rate for Today, Friday, September 11, 2026

The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained steady on Friday,…
Seplat Hits 10% Daily Limit to Lead NGX Recovery

Seplat Hits 10% Daily Limit to Lead NGX Recovery

Seplat Energy Plc emerged as the driving force behind the Nigerian Exchange’s (NGX) recovery on Thursday after its share price…
Nigerian Stock Market Ends Two-Day Slide as Seplat Rally Lifts Market

Nigerian Stock Market Ends Two-Day Slide as Seplat Rally Lifts Market

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Dangote Refinery Wins Extended Court Protection Against NMDPRA as Propane Dispute Deepens

Dangote Refinery Wins Extended Court Protection Against NMDPRA as Propane Dispute Deepens

Dangote Petroleum Refinery has secured extended court protection against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), allowing the…
Champion Breweries, VFD Group Defy Broad Market Selloff

Champion Breweries, VFD Group Defy Broad Market Selloff

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Dollar Demand Pushes Nigeria’s FX Utilisation to Six-Year High of $50.9bn

Dollar Demand Pushes Nigeria’s FX Utilisation to Six-Year High of $50.9bn

Nigeria’s use of foreign exchange nearly doubled to $50.93 billion in 2025 as businesses, financial institutions and importers increased demand…
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