As of Tuesday, March 22nd, 2022 At the official Investors and Exporters (I&E) window, the naira and the US dollar exchange rate closed at N417/$1, the lowest level since January 4th, 2022. On T...
As the US Fed Reserve begins to hike its rates, investors are trying to figure out how much monetary policy adjustment the economy can sustain, with some expecting an even harsher path ahead and other...
Eterna and CWG push Nigeria's stock market down, causing investors to lose N4.7 billion this week Following a 0.0 percent drop in stock capitalization on Monday, investors on the Nigerian capital ...
Nigerian Exchange Limited (“NGX” or “The Exchange”) and MTN Nigeria Communications Plc (MTNN) have announced the openly signing of a Memorandum of Understanding (MoU) to further stimulate ...
The market is bullish on oil as it concentrates on the cease-fire talks and the Chinese COVID-19 outbreak The bears have regained control of the oil market, with prices falling more than 5% in t...
Naira falls to N580/$1 at black market as demand for FX surges On Monday, February 28th, 2022, the Investors and Exporters window's exchange rate ended at N416.67/$1, a 0.16 percent devaluation ...
Over 77,000 crypto investors burnt as Bitcoin drops on fear of Russian invasion As Russia appeared to be on the verge of invading Ukraine once more, cryptocurrency valu...
Nigerian stocks have stalled due to a sell-off in bank stocks Nigerian stocks fell 0.18 percent on Friday, concluding a week ...
Alerzo is solving the logistic problems in Nigeria and it's ready to take its business to other African countries. The company is based in Nigeria and has its offices in Ibadan, Nigeria. A while...
Milwaukee Bucks’ most valuable player Giannis Antetokounmpo is the newest owner of a minority stake in a Major league baseball team. A few days ago, Giannis announced that he bought a stake in the M...