Friday Market Summary:DJIA -1.39% fell by 357.28 points, approximately 1.4% to settle at 25,409.36S&P 500 -0.82% fell by 24.54 points, approximately 0.8% to end at 2,954.22COMP +0.01% gained less ...
As Nigeria prepares for the swearing-in of its president-elect, many are wondering how the country's new leader will tackle the issue of foreign exchange that has plagued the Nigerian economy for ov...
As international investors remain cautious, inflows through the Investors and Exporters window (I&E) fell by 65.7% month on month in July.According to FMDQ data, foreign exchange inflows into the ...
In recent reports, Aliko Dangote’s wealth has made upward progression, growing by $950 million since January 2022, following a Y-T-D date price increase in the shares of its cement brand. Dango...
The past year was quite dramatic, following the coronavirus pandemic and its impact on the global economy. While many companies were forced to shut down due to a steady decline in their business, some...
Saudi Aramco, one of the largest companies in the world by revenue saw its profit decline by 44% to $49 billion in 2020.The coronavirus pandemic wrecked the oil company's income as the ensuing lockdow...
Norway's Equinor has commenced its interest in selling off its stake in the offshore Agbami oilfield. This decision came in after the company made it known that production has been shrinking right fro...
Bloomberg reported on Thursday that Dangote Refinery has been shipping products as it prepares two units for petrol (petrol) output, which will transform the fuel market in Nigeria and the surrounding...
With the sudden surge in the pump price of diesel, petrol marketers are calling for the urgent intervention of the federal government to cushion the hike in the price and prevent an imminent distribut...
1. Background Information:- The article centers around the Federal Government of Nigeria's efforts to implement crude oil sales to local refineries in naira and the upcoming petrol pricing at Dangote ...