Business

Brent Crude Hits $87.54, Exceeding Government and NNPC Projections
- By Adeyinka Arutu
- . April 2, 2024
Oil prices surged in the international market, with Brent crude climbing by 0.56 percent to reach $87.54 per barrel, while
Naira Strengthens to N1,280 per Dollar at Parallel Market Amid Currency Concerns
- By Adeyinka Arutu
- . March 30, 2024
The Nigerian naira witnessed an upturn on Friday, appreciating to N1,280 per dollar in the parallel section of the foreign

Minister of State Unveils Bold Plan to Curb Methane Emissions in Oil and Gas Sector by 2030
- By Adeyinka Arutu
- . March 27, 2024
In a bid to tackle the pressing issue of methane emissions in Nigeria’s oil and gas sector, Dr. Iziaq Salako,

Federal Government Launches Legal Action Against Binance Over Tax Evasion Allegations
- By Adeyinka Arutu
- . March 25, 2024
The Federal Government has taken a significant step towards reinforcing fiscal responsibility and protecting the economic stability of the nation

Naira Appreciates as CBN Clears $7bn Backlog
- By Adeyinka Arutu
- . March 21, 2024
The Nigerian Naira made significant gains against the US dollar on Wednesday, marking a notable rebound both at official and

Naira Rises to N1,570 at Parallel FX Market
- By Adeyinka Arutu
- . March 14, 2024
the naira saw a 1.88 percent appreciation on Wednesday, reaching N1,570 at the parallel segment of the foreign exchange (FX)

House of Representatives Launches Probe into Cryptocurrency and eNaira
- By Adeyinka Arutu
- . March 6, 2024
The House of Representatives has taken decisive action, resolving to delve into the intricate world of cryptocurrency, digital assets, and

We Are Not To Blame for Economic Woes-Central Bank Governor
- By Adeyinka Arutu
- . February 28, 2024
Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), addressed concerns regarding the country’s economic challenges during the

Naira Appreciates to N1,650 per Dollar In The Parallel Market
- By Adeyinka Arutu
- . February 27, 2024
The naira strengthened to N1,650 per dollar at the parallel foreign exchange market on Monday, marking a 6.78% appreciation from

Federal Government Sets $10 Billion Target to Boost Forex Liquidity
- By Adeyinka Arutu
- . February 20, 2024
In a bid to stabilize the nation’s currency, the Federal Government has announced a target of raising $10 billion to