Business

Gbenga Komolafe

Nigeria’s Rig Count to Hit 50 by Year-End as Oil Sector Gains Momentum

Nigeria’s oil and gas industry is set for a significant boost as the Nigerian Upstream ...

Nigeria’s Oil Refining Sector Sees First Quarterly Growth in 5 Years, Driven by Dangote Refinery

Nigeria's oil refining sector experiences its first quarterly growth in five years, largely due to ...
Nigeria Stock Exchange

Nigerian Stock Market Sheds N231bn Amid Profit-Taking, ASI Falls Below 108,000 Points

The Nigerian stock market lost N231bn as profit-taking hit FBN Holdings and others, while the ...
The CBN logo

CBN Cuts Treasury Bill Rates Amid Inflation Drop, Rejects N1.6 Trillion in Bids

The CBN cuts Treasury bill rates after inflation drops, rejecting N1.6 trillion in bids, while ...
OPEC

OPEC Urges Africa to Unlock 120 Billion Barrels of Oil, Reject ‘Misguided’ Energy Policies

OPEC urges Africa to unlock its 120 billion barrels of oil reserves, cautioning against rushed ...
Arewa

Arewa Consultative Forum Pushes for Retention of 7.5% VAT Amid Tax Reform Discussions

The Arewa Consultative Forum urges the National Assembly to retain the 7.5% VAT as part ...
SEC

SEC Reduces Approval Time for Company Offers to Boost Capital Market Growth

Nigeria’s SEC has slashed the approval time for company offers from 12 months to 14 ...
Flutterwave

Flutterwave to List N4.5 Trillion Shares on Nigerian Exchange

Flutterwave plans to list shares worth over N4.5 trillion on the Nigerian Exchange, making it ...
USAID

Mass Resignations and Layoffs Hit USAID Amid Policy Shifts

USAID faces mass resignations and layoffs as policy shifts reshape U.S. foreign aid, sparking concerns ...
AfDB presidency

Five Candidates Cleared for African Development Bank Presidency Race

Five candidates, including incumbent Akinwumi Adesina, have been cleared for the AfDB presidency race, setting ...

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Exchange Rate Per Dollar

AM Armenian Dram380.8338
GH Ghana Cedi12.1949
GM Gambian Dalasi72
GN Guinea Franc8,634.38
NG Nigerian Naira₦1,462.69
CF CFA Franc BEAC564.4583
12 Oct · CurrencyRate · USD
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Latest change: 12 Oct 2025 18:00 UTC
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