ECONOMY

Nigerian Naira to Dollar Exchange Rate Stable on Friday - The exchange rate of the Naira to the Dollar at the Investors and Exporters (I&E) window of the foreign exchange (FX)...

Naira dips 0.04% at FX Market as Bitcoin Drops 0.8% at Crypto Market - The Naira depreciated against the US Dollar by 0.04 per cent or 17 kobo at the Investors...

Largest data center in west Africa launches in Lagos - The Lagos state governor yesterday launched the new MDXi Data Centre, MDXi is an offshoot of one of the most successful...

Naira plunges to N584/$1 at P2P, N416.83/$1 at I&E - The Naira returned to the downside at the Peer-2-Peer (P2P) window of the foreign exchange market with a loss of 0.17...

Nigeria’s Debt Management Office releases N720b borrowing plan - The Debt Management Office (DMO) has released the schedule of local borrowings of about N720billion by the Federal Government for the second...

Nigeria to soon become Africa’s fertilizer giant - With the activation of more than over seventy blending plants, Nigeria would soon become Africa’s fertilizer powerhouse, President Muhammadu Buhari has assured. The...

Nigerian govt urges IOCs to allow third party use gas pipelines - The Federal Government yesterday urged its partners in the Nigeria Liquified Natural Gas (NLNG) project to allow the transportation...

NIMASA denies responsibility for sinking Multimillion-naira gunboat Lagos - The Nigerian Maritime Administration and Safety Agency has denied responsibility for a gunboat that reportedly sank in Lagos on Sunday. The NIMASA/Barugu,...

FOREX Demand Pressure Crashes Naira by N1.22 at I&E - The Naira came under immense pressure on Friday against the United States Dollar at the Investors and Exporters (I&E) segment of...

Supply Crunch Spurs Crude Oil Market to Two-Month High - The crude oil market jumped further on Thursday, supported by growing fuel demand and a draw in US crude inventories just...