The naira suffered a significant decline against the dollar in both official and black markets, shortly after the Central Bank of Nigeria (CBN) raised the Monetary...
The Nigerian Exchange Ltd. (NGX) kicked off the week with a bullish trend, as market capitalisation advanced by N79 billion or 0.14% to close at N56.536...
The Central Bank of Nigeria (CBN) has temporarily retracted its Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines for Fiscal Years 2024–2025, initially published on Tuesday,...
PZ Cussons, a leading multinational consumer goods firm, has revealed plans to sell its African subsidiaries, either partially or fully. This decision is driven by the...
The National Sugar Development Council (NSDC) has announced that the second phase of the Nigeria Sugar Master Plan (NSMP) aims to boost domestic sugar production to...
A Rivers State High Court in Port Harcourt has mandated Belemaoil Producing Limited (Belemaoil) to pay $21.858 million and N10.81 billion to BGP/CNPC International Nigeria Limited...
Coca-Cola Hellenic Bottling Company has announced plans to invest $1 billion in Nigeria over the next five years. The commitment was made during a meeting with...
On Wednesday, the Naira further depreciated in the parallel market, reaching N1,645 per dollar from N1,640 per dollar the previous day. Despite this, the Naira appreciated...
The Central Bank of Nigeria (CBN) has restructured the board of directors for Keystone Bank Limited as part of efforts to strengthen the bank’s operations and...
The Naira witnessed a decline in value yesterday, depreciating to N1,655 per dollar in the parallel market, down from N1,645 per dollar on Wednesday. A similar...
