Naira expected to hit 1,700/$ ‘in the near time’, says FDC
The naira is expected to trade between 1,550 and 1,700 per dollar in the near term, Lagos-based Financial Derivatives Company
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Author: Markets Reporters
CBN rate hiking cycle to end this week: Capital Economics
The rate hiking cycle that the Central Bank of Nigeria started last year is expected to end this week, according
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Drop in weekly forex liquidity drags naira lower
The naira extended its decline against the dollar last week as foreign exchange turnover in the official market fell by
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Niger Insurance, two others ejected from stock exchange
The Nigerian Exchange Limited (NGX) has delisted Niger Insurance Plc, Resort Savings and Loans Plc and RAK Unity Petroleum Plc.
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Dangote wants petroleum products imports suspended, says regulator
Farouk Ahmed, chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said Dangote Group is requesting that
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Manufacturers outline demands as Tinubu raises minimum wage
The Manufacturers Association of Nigeria has presented several demands to President Bola Tinubu to enable its members to pay the
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CBN seen raising interest rate to 27.25% next week
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to increase the benchmark interest rate
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[OPINION] Customer service keeps the doors open
By Harvey Mackay Nordstrom’s department store built its legendary customer service reputation on the story of a man who returned
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ARISE IIP, AFC launch $100m capital pool for African entrepreneurs
ARISE IIP, the pan-African developer and operator of industrial parks, and Africa Finance Corporation (AFC), have announced the signing of
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TotalEnergies sells stake in Nigerian onshore JV asset for $860m
TotalEnergies announced that its subsidiary TotalEnergies EP Nigeria signed a sale and purchase agreement (SPA) with Chappal Energies for the
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