Business

The naira hit the brakes on some of its gains yesterday and the past few weeks selling at N1,050/$1 to the dollar at the parallel market, as the external reserves...

Israel and Iran's conflict may be credited to bolstering the dollar index as it steadied in London trade after surging to 5-½ month highs. The demand for a haven after...

In news reports, the Naira has continued its strong showing in the black market performing at less than NGN1,000 to a dollar in some market segments. Strengthening against major currencies...

The value of the naira appreciated at the parallel market on Thursday, 11 April as the three-day public holiday was rounding up, selling around N1,150 to the dollar compared to...

The Chairman of BUA Group of Companies, Alhaji Rabiu Abdulsamad, has expressed confidence that prices of goods in the country would soon start to come down under the present government’s...

reports that there are fresh concerns over the fate of the cotton industry in the country, which has remained comatose over the years. The cotton industry in Northern Nigeria was...

The naira continued its rally with a 4.7 per cent gain to close the weekend at N1,251.05 per dollar. In the forwards market, the naira appreciated across all tenors. The...

The Nigerian National Petroleum Company Limited (NNPCL) is on a course to end petrol scarcity in Lagos and its environs as Dangote Refinery and oil marketers have intensified efforts at...

The are current indications that Nigeria’s dependence on imported petrol will reduce as the $20 billion Dangote refinery has concluded plans to begin supply of petrol to Nigeria’s domestic market...

The naira, on Wednesday, continued its gain against the United States dollar, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the...