Business

CBN Governor Clarifies: No Reserve Defense for Naira, Emphasizes Market Dynamics
- By Adeyinka Arutu
- . April 18, 2024
During the ongoing Spring Meetings of the IMF and the World Bank, Mr. Olayemi Cardoso, the Governor of the Central

Unemployment Rate on The Rise In The UK
- By Adeyinka Arutu
- . April 16, 2024
The latest figures from the Office for National Statistics reveal a startling rise in British unemployment, soaring to 4.2 percent

Aston Villa Deals Arsenal Deadly Blow In The Race for Premier League Title
- By Adeyinka Arutu
- . April 15, 2024
Arsenal’s hopes of reclaiming the top spot in the Premier League were dashed as they suffered a late 2-0 defeat

Naira Appreciates to N1,250 Against Dollar at Parallel Market
- By Adeyinka Arutu
- . April 2, 2024
The Naira experienced a positive uptick, reaching N1,250 per dollar at the parallel segment of the foreign exchange (FX) market,

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)