- Friday, June 12, 2026
BusinessDay
The pressure on the local currency intensified on Thursday as one dollar traded for N410 at the black market. Foreign...
JPMorgan said it expected Nigeria to devalue its currency by around 10% against the dollar by the end of June...
U.S. equities plunged as much 8 percent at the start of trading, before paring the drop below 7 percent, with...
Nigeria’s benchmark Eurobond continued to sell off Thursday, with yields rising to a five year high of 24 percent. Foreigners...
As the price of bitcoin, the world’s largest cryptocurrency by volume hit $6,000 for the first time since May, 2019,...
A day after Nigerian equities sank to a four-year low and the local currency weakened considerably, oil has again slumped...
Oil, along with global markets plummeted, after United States President Donald Trump said the U.S was suspending all passenger travel...
After several days of silence amid a coronavirus outbreak and full-blown oil price war, Nigeria’s fiscal and monetary authorities will...
Stocks continued their descent on Wednesday, recording their second-biggest decline in 2020 to widen year’s loss by the most yet....
The Senate is seeking to ban electricity generating sets in the country and is proposing 10 years imprisonment for importers...
The Central Bank of Nigeria (CBN) on Wednesday revised the Nigeria Uniform Bank Account Number (NUBAN) to include the Other...
As oil producers scramble to outdo one another in offering bargain prices for crude oil, countries that will hurt the...
The World Health Organisation has officially declared the Coronavirus outbreak a Pandemic. The novel Coronavirus outbreak is the first pandemic...
Nigerian stocks sank to more than a four-year low on Wednesday and the naira weakened after a plunge in oil...
Africa’s richest man, Aliko Dangote, said on Wednesday that the over N1.3trillion generated by the Nigerian Customs Service in 2019...
