The Central Bank of Nigeria (CBN) intervened in the forex market as a surge in foreign currency demand put pressures on the local currency….

Nigerian Exchange Sinks by N1.5trn Tax Stokes Panic Selloffs The Nigerian Exchange (NGX) market capitalisation sank by N1.5 trillion week…

Sterling Weakens as UK Abandons Income Tax Hike The Sterling weakened to $1.315 on Friday amid heightened budget uncertainty, after…

Oil Posts Weekly Price Upticks on Growing Demand Optimism Oil prices surged week on week on positive demand expectations as…

Cardano Falls by 2.5% on Broader Crypto Selloffs Cardano (ADAUSD) fell 2.7% to $0.505 in the past 24h, extending a…

BTCUSD Sinks Below $96K as Investors Unwind Positions Bitcoin price (BTCUSD) declined below $96 as sell-offs heated up, dragging the…

Air Peace Loses $15m to Disruptions As Lessor Withdraws Aircraft Air Peace Ltd. has attributed sudden disruptions in its domestic operations to ‘illegal’…

Cardoso Seeks Collaboration for Stronger African Credit System The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has…

Naira Falls Across FX Markets on Renewed US Dollar Shortfall The Nigerian naira came under pressure in the official and…

Nigerian Exchange Rises to N93.5trn after Plan to Review Tax The Nigerian Exchange (NGX) grew to N93.5 trillion on Friday…