Business
Fidson Extends Selloff With Nearly 20% Loss in Two Sessions
August 28, 2026
Fidson Extends Selloff With Nearly 20% Loss in Two Sessions
Fidson Healthcare Plc suffered another steep decline on Thursday, extending one of the Nigerian Exchange’s sharpest selloffs this week as…
Black Market Dollar to Naira Exchange Rate for Today, Friday, August 28, 2026
August 28, 2026
Black Market Dollar to Naira Exchange Rate for Today, Friday, August 28, 2026
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on…
Investors Pour N3.63tn Into One-Year Nigerian Treasury Bills as Rate Falls to 17.15%
August 28, 2026
Investors Pour N3.63tn Into One-Year Nigerian Treasury Bills as Rate Falls to 17.15%
Investors submitted N3.63 trillion in bids for Nigeria’s one-year Treasury bills at the latest auction, more than seven times the…
Banking Stocks Drive NGX Higher as Zenith Bank, GTCO Dominate Trading
August 28, 2026
Banking Stocks Drive NGX Higher as Zenith Bank, GTCO Dominate Trading
Banking stocks led the Nigerian Exchange (NGX) to a positive close on Thursday as strong buying interest in tier-one lenders…
Gold Rises as Investors Question the Dollar’s Long-Term Purchasing Power
August 27, 2026
Gold Rises as Investors Question the Dollar’s Long-Term Purchasing Power
is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 27, 2026
August 27, 2026
Black Market Dollar to Naira Exchange Rate for Today, Thursday, August 27, 2026
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,…
The Market Remained Weak, but Selling Pressure Continued to Ease
August 27, 2026
The Market Remained Weak, but Selling Pressure Continued to Ease
The Nigerian Exchange (NGX) extended its downward trend on Wednesday as the benchmark All-Share Index (ASI) declined 0.17 percent to…
Oil Slides as Diplomatic Progress Erodes Middle East Risk Premium
August 27, 2026
Oil Slides as Diplomatic Progress Erodes Middle East Risk Premium
Oil prices extended their decline on Thursday as renewed diplomatic efforts in the Middle East continued to reduce the geopolitical…
Moniepoint Shuts UK-Nigeria Remittance Business Less Than 18 Months After Launch
August 26, 2026
Moniepoint Shuts UK-Nigeria Remittance Business Less Than 18 Months After Launch
Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international…
Nigeria’s Ventures Platform Raises $84 Million to Back African Startups
August 26, 2026
Nigeria’s Ventures Platform Raises $84 Million to Back African Startups
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies…