Business

Oil Nears $97 as Middle East Conflict Deepens and Supply Risks Escalate

Oil Nears $97 as Middle East Conflict Deepens and Supply Risks Escalate

Oil prices advanced for a third consecutive session on Wednesday as escalating tensions in the Middle East heightened concerns over…
Airtel Africa Confirms Exchange Rates for Final Dividend Payment

Airtel Africa Confirms Exchange Rates for Final Dividend Payment

Airtel Africa Plc has announced the applicable exchange rates and currency election arrangements for its final dividend payment for the…
NGX Pulls Back 0.35% as Investors Take Profit Despite Strong ₦29.3 Billion Turnover

NGX Pulls Back 0.35% as Investors Take Profit Despite Strong ₦29.3 Billion Turnover

The Nigerian Exchange Limited (NGX) closed lower on Tuesday as investors engaged in profit-taking activities following the market’s recent rally.…
Dangote Refinery Lowers Fuel Loading Costs as Domestic Supply Expands

Dangote Refinery Lowers Fuel Loading Costs as Domestic Supply Expands

The Dangote Refinery has revised its bulk fuel loading rates, reducing the prices at which marketers purchase petrol and diesel…
Oil Prices Retreat as Trump Signals Ongoing Iran Negotiations

Oil Prices Retreat as Trump Signals Ongoing Iran Negotiations

Crude oil prices declined on Tuesday after U.S. President Donald Trump indicated that negotiations with Iran remain active, easing investor…
Nigeria Becomes First African Market to Adopt T+1 Settlement Cycle

Nigeria Becomes First African Market to Adopt T+1 Settlement Cycle

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
Airtel Africa Confirms 3.65 Billion Share Capital as Buyback Programme Continues

Airtel Africa Confirms 3.65 Billion Share Capital as Buyback Programme Continues

Airtel Africa Plc has updated investors on its share capital and voting rights position, confirming that the telecommunications giant had…
Ethiopian Airlines Launches Direct Flights to Mauritius From July 12

Ethiopian Airlines Launches Direct Flights to Mauritius From July 12

Ethiopian Airlines has announced the launch of a new direct passenger service between Addis Ababa and Port Louis, Mauritius, as…
Legend Internet Posts ₦199.3 Million Loss as Operating Expenses Surge 174%

Legend Internet Posts ₦199.3 Million Loss as Operating Expenses Surge 174%

Legend Internet Plc reported a loss after tax of ₦199.34 million for the six months ended January 31, 2026, compared…
Dollar to Naira Black Market Exchange Rate Today, Tuesday, June 2nd, 2026

Dollar to Naira Black Market Exchange Rate Today, Tuesday, June 2nd, 2026

The Dollar to Naira exchange rate in the black market remained relatively stable on Tuesday, June 2nd, 2026, as demand…
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