Business
Nigeria’s FX Utilisation Hits Record $34.6bn as Dollar Liquidity Improves
2 weeks ago
Nigeria’s FX Utilisation Hits Record $34.6bn as Dollar Liquidity Improves
Nigeria’s foreign exchange utilisation surged by $13.22 billion to a record $34.59 billion in the first half of 2026, up…
Black Market Dollar to Naira Exchange Rate for Today, Monday, August 31, 2026
2 weeks ago
Black Market Dollar to Naira Exchange Rate for Today, Monday, August 31, 2026
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Monday,…
Dangote Raises Petrol Price 8.6% in Eight Days as Crude Costs Hit Refinery
2 weeks ago
Dangote Raises Petrol Price 8.6% in Eight Days as Crude Costs Hit Refinery
Dangote Petroleum Refinery has increased the price of petrol by 8.6 percent in eight days, lifting its gantry price to…
Nestoil Revives Eight-Year Idle Rig to Boost Oil Production at OML 42
2 weeks ago
Nestoil Revives Eight-Year Idle Rig to Boost Oil Production at OML 42
Nestoil Group has returned a drilling rig to productive operation after about eight years of inactivity, using the equipment to…
Oil & Gas Index Emerges as NGX’s Best-Performing Sector Last Week
2 weeks ago
Oil & Gas Index Emerges as NGX’s Best-Performing Sector Last Week
The NGX Oil & Gas Index emerged as the best-performing sector on the Nigerian Exchange (NGX) during the week ended…
Brent Crude Rises Above $90 as Renewed US-Iran Fighting Threatens Oil Supply
2 weeks ago
Brent Crude Rises Above $90 as Renewed US-Iran Fighting Threatens Oil Supply
Brent crude climbed above $90 per barrel on Monday as renewed military confrontation between the United States and Iran raised…
Bond Market Turnover Drops Nearly 88% as Investors Focus on Equities
2 weeks ago
Bond Market Turnover Drops Nearly 88% as Investors Focus on Equities
Trading activity in Nigeria’s bond market slowed sharply during the week ended August 28, 2026, as investors shifted attention toward…
Financial Services Account for Nearly 79% of NGX Trading Volume in Holiday-Shortened Week
2 weeks ago
Financial Services Account for Nearly 79% of NGX Trading Volume in Holiday-Shortened Week
The Financial Services Industry tightened its grip on trading activity on the Nigerian Exchange (NGX) last week, accounting for nearly…
Banking Stocks Lead NGX Weekly Rally as Investors Increase Exposure to Lenders
2 weeks ago
Banking Stocks Lead NGX Weekly Rally as Investors Increase Exposure to Lenders
is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…
International Energy Insurance Slumps 26.6% to Lead Weekly Losers
2 weeks ago
International Energy Insurance Slumps 26.6% to Lead Weekly Losers
International Energy Insurance Plc recorded the steepest decline on the Nigerian Exchange (NGX) in the week ended August 28, 2026 with…