Naira Strengthens by N103 to N1,546.41 on Official Market, Stable on Parallel Market at N1,650
The naira surged by N103.35 on the official market to N1,546.41/$1, while remaining stable at N1,650/$1 parallel.
The naira surged by N103.35 on the official market to N1,546.41/$1, while remaining stable at N1,650/$1 parallel.
Afreximbank has introduced CANEX Deal Room to enhance investment in Africa’s creative sectors, including film and fashion.
30,000 Boeing workers walk out, crippling 737 MAX production, as union demands better pay, benefits, and working conditions.
The Ministry of Housing and Urban Development and World Bank aim to register 90% of unregistered land in five years.
UBA Chairman Tony Elumelu has highlighted regulatory and compliance costs as major challenges facing Nigeria’s banking sector and economic growth.
Apple has lost an EU tax case and has been ordered to pay $14.4 billion in back taxes to Ireland.
Apple’s iPhone 16 launch in China has sparked disappointment over lack of AI features, amid growing competition from Huawei.
Google has lost its appeal against a $2.7 billion EU antitrust fine for abusing dominance in price comparison shopping service market.
Huawei has unveiled a $2,800 tri-foldable Mate XT phone, boasting AI features and sleek design, to challenge Apple’s iPhone dominance.
Zenith Bank Extends Public Offer, Rights Issue Amid Disruptions, New Deadline Set for September 23.
Sterling Bank has adopted SeaBaaS, Africa’s first indigenous core banking solution, developed by Peerless, marking a major innovation milestone.
NUPRC has inaugurated the Body of Neutrals, establishing international partnerships to enhance dispute resolution in Nigeria’s oil and gas sector.
Apple has unveiled iPhone 16 line-up, prioritising AI features over hardware upgrades, amid intensifying competition in the high-end smartphone market.
Boeing is offering a 25% pay increase to its workers to prevent a potential strike and assembly line shutdown.
Shelf Drilling has secured a $60 million contract for 10 new oil wells in Nigeria, boosting the Niger Delta’s output.
The 2025 edition of the Intra-African Trade Fair promises groundbreaking opportunities, expanding markets and showcasing Africa’s economic potential.
On Friday, naira appreciated on NAFEX, closing at N1,593/$1, while it depreciated on the parallel market to N1,673/$1.
Afreximbank has announced Algiers as host for CANEX 2024, focusing on Africa’s creative industries with theme ‘One People, United in Culture.’
BOI has achieved €1.43 billion loan syndication to support Nigeria’s private sector and development goals.
Deputy oil minister Lokpobiri has called Oando’s successful acquisition of Eni’s assets a turning point for Nigeria’s oil-and-gas future.
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