Naira extends decline against dollar on official market
The Nigerian currency pared more of its recent gains on Monday as it weakened to N1,234.49 per dollar on the
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Author: Markets Reporters
Hot money inflows in Nigeria near six-year high
Foreign portfolio investment, also known as hot money, rose last month to the highest in nearly six years as the
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New oilfield begins production in Nigeria
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its joint venture partner in OML 85, First Exploration and Petroleum
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Naira breaks one-month winning streak, weakens on official market
The Nigerian currency fell against the dollar on Thursday for the first time in one month, reversing some of its
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Artificial intelligence: Creating tomorrow’s world today
Harvey Mackay Artificial intelligence, or AI, is a fascinating and rapidly evolving field that has the potential to revolutionise the
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Transcorp Hotels exits Calabar business
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has announced the divestment of its 100 percent interest in
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IMF sees turnaround in investor appetite for Africa
The International Monetary Fund has said it sees a turnaround in investor appetite for Africa after years of turmoil. Daniel
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Naira extends gain against dollar despite forex liquidity drop
The naira gained further last week despite the over 50 percent decline in liquidity in the foreign exchange market. The
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Nigerian stock rally loses steam after bumper rate hike
The rally in the Nigerian stock market has hit a speed bump after two straight hikes in interest rates by
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Electricity customers wrongly billed at new rate to get refund – NERC
The Nigerian Electricity Regulatory Commission (NERC) has said all customers wrongly billed at the new rate should be refunded through
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