Ex-CBN chief sees pressure in FX market after ‘difficult’ decision
A former deputy governor of the Central Bank of Nigeria, Mr Kingsley Moghalu, has said the apex bank’s decision to
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Author: Markets Reporters
Oil price nears $90 as Israel-Hamas war persists
Brent crude, the international oil price benchmark, has jumped to nearly $90 per barrel as the war between Israel and
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Nigeria’s FX market faces growing demand as 43 items unbanned
The official foreign exchange market is set to see increased demand following the lifting by the Central Bank of Nigeria
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Nigeria’s crude oil production hits 20-month high
Crude oil production in Nigeria rose by 14.41 percent in September to its highest level in 20 months, new official
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Naira weakens further against dollar across markets
The Nigerian currency extended its decline against the United States dollar on Wednesday on both the official and parallel markets
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Energy transition investment will boost Nigeria’s economy – Seplat CEO
Raising investment for energy transition will boost Nigeria’s economy, the Chief Executive Officer of Seplat Energy Plc, Mr Roger Brown,
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Inflation will jump to 27.57% on naira, diesel: FDC
Nigeria’s headline inflation for September is projected to jump to 27.57 percent on the back of naira weakness and the
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Airtel overtakes MTN Nigeria as second most valuable firm
Airtel Africa Plc has overtaken MTN Nigeria Communications Plc to become the second most valuable firm on the Nigerian stock
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Naira resumes fall as CBN leaves investors in wait-and-see mode
The Nigerian currency has resumed its decline against the dollar and other major currencies on the parallel market as investors
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Israel-Hamas war: Capital Economics outlines three oil supply risks
As the renewed fighting between Hamas and Israel continues, London-based Capital Economics has highlighted three specific risks to regional oil
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