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Naira Gains to N1354/$ Despite Limited Dollar Supply
Despite the market's low dollar liquidity, the naira strengthened versus the dollar on Monday at the official foreign exchange (FX) market.
According to data issued...
Trade between the UK and Nigeria is worth £7 billion – British High Commissioner
British High Commissioner Richard Montgomery recently revealed the strong commercial links between Nigeria and the United Kingdom (UK), which are currently valued at almost...
Seplat plans to deliver 13 additional oil and gas wells by 2024
The Nigerian energy business Seplat Energy Plc has revealed its drilling schedule for 2024, with the goal of delivering 13 new gas and oil...
Bitcoin surpasses 63K gains as the cryptocurrency market rises
The cryptocurrency market turned green on Saturday morning as Bitcoin made a significant comeback, raising hopes that the worst of the crisis may be...
FX bank swaps account for 30% of Nigeria’s external reserves – Fitch
Foreign exchange (FX) bank swaps make up over 30% of Nigeria's external reserves, according to estimates from the global credit rating company Fitch.
The Central...
