Fitch Keeps Dangote on Rating Watch Negative Fitch Ratings has maintained Dangote Industries Limited’s (Dangote) National Long-Term Rating of ‘B+(nga)’…

Nigeria Secures UN Facility to Boost Critical Minerals Value Chain Nigeria has secured a UN study facility to boost its…

Google Drops Pledge Not to Use AI for Weapons Google on Wednesday said it has removed a pledge from its…

Nigeria Customs Imposes 4% FOB Charge on Imports The Nigeria Customs Service (NCS) is implementing a 4 percent charge on…

CBN Sets New FX Rules for Bureau de Change Operators The Central Bank of Nigeria (CBN) has issued new guidelines…

Interbank Rates Rise as FX Swap, Borrowing Suffocate Liquidity Interbank rates rose sharply due to huge outflows relating to FX…

The Nigerian local currency, the naira, dipped slightly against the US dollar in the official window over mild FX pressures. This week, the naira has been trading negative against the US dollar amidst declining external reserves.

NGX Market Cap Surpasses N65trn as FBNH, ETERNA, CADBURY Rally Equities investors gained more than N332 billion on stocks traded…

World Food Program Earmarks $2.5b to Fight Hunger, Malnutrition in Nigeria The United Nations World Food Programme (WFP) says it…

USD Falls Against GBP, EUR Ahead of Busy Economic Data The US dollar (USD) fell against its major trading partners…