Business

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 15, 2026

Black Market Dollar to Naira Exchange Rate for Today, Wednesday, July 15, 2026

The Dollar to Naira exchange rate in the Nigerian black market, also known as the parallel market, remained relatively stable…
Brent Nears $87 as Renewed US-Iran Hostilities Deepen Global Supply Fears

Brent Nears $87 as Renewed US-Iran Hostilities Deepen Global Supply Fears

Crude oil prices extended their rally on Wednesday as renewed hostilities between the United States and Iran disrupted the recovery…
CBN Records Strong Demand for 364-Day Bills as Subscriptions Exceed N2.8 Trillion

CBN Records Strong Demand for 364-Day Bills as Subscriptions Exceed N2.8 Trillion

Investor participation in Nigeria’s Treasury bills market strengthened significantly at the latest primary market auction with total subscriptions climbing above…
Nigerians React as X Boosts Posts From Mutual Followers

Nigerians React as X Boosts Posts From Mutual Followers

Nigeria’s X users found a more familiar timeline on Tuesday as posts from long-standing mutuals resurfaced, prompting visibility tests, jokes…
Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

Liquidity Drops to N2.16trn as NTB, OMO Auctions Absorb Funds Last Week

System liquidity moderated sharply last week, declining from an opening balance of N4.68 trillion to N2.16 trillion by Friday following…
FirstHoldCo Emerges as NGX’s Most Actively Traded Stock After Historic Block Deal

FirstHoldCo Emerges as NGX’s Most Actively Traded Stock After Historic Block Deal

First HoldCo Plc has become the focal point of activity on the Nigerian Exchange (NGX) after recording an extraordinary surge…
Banking Sector Attracts $3.14bn as Foreign Investors Lead Capital Inflows in Q3 2025

Banking Sector Attracts $3.14bn as Foreign Investors Lead Capital Inflows in Q3 2025

Nigeria’s banking sector emerged as the primary destination for foreign capital in the third quarter (Q3) of 2025, attracting $3.14…
Airtel Money Targets $10 Billion Valuation in Planned London IPO

Airtel Money Targets $10 Billion Valuation in Planned London IPO

Airtel Africa is expanding the team of investment banks working on the proposed listing of its mobile money business as…
Nigerian Stock Market Slips Marginally as FirstHoldCo Leads ₦53.34 Billion Trading Session

Nigerian Stock Market Slips Marginally as FirstHoldCo Leads ₦53.34 Billion Trading Session

The Nigerian stock market closed lower on Wednesday as investors booked profits in selected consumer and insurance stocks while institutional…
Gold Drops as Escalating U.S.-Iran Tensions Lift Energy Prices

Gold Drops as Escalating U.S.-Iran Tensions Lift Energy Prices

Gold prices declined on Monday as renewed tensions between the United States and Iran sent crude oil prices sharply higher,…
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