The parallel market for foreign exchange in Nigeria is experiencing another decline of the national currency, with forex traders selling the US dollar at N1,050, indicating ongoing pressure due to …
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 3 pips to 7.1776 against the dollar on Thursday, according to the China Foreign Exchange Trade System. In …
The National Hajj Commission of Nigeria (NAHCON) has revealed that they have a three-week window for negotiations with service providers in the Kingdom of Saudi Arabia for the upcoming 2024 Hajj.…
The Nigerian Naira has hit a new all-time low in the parallel market, according to a survey conducted by Vanguard on street traders across the country. The currency was found to be trading i…
At least 11 Americans have died in bloody violence in Israel, President Joe Biden said on the third day since Palestinian militants launched a stunning and complex surprise attack in Israel. …
The International Monetary Fund (IMF) says global growth is forecast to slow from 3.5 per cent in 2022 to 3.0 per cent in 2023 and 2.9 per cent in 2024. This is according to the IMF’s latest…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has held a meeting with oil marketers to resolve the challenges faced with importation and distribution of petroleum pr…
Oil prices saw a significant rally on Monday, accompanied by a strengthening of the dollar and yen, following a surprise attack by Hamas on Israel over the weekend. The attack has heightened…
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have agreed to suspend the industrial action planned for Oct. 3 for 30 days. At the end of a five-hour closed door meetin…
The National Bureau of Statistics(NBS)says prices of beef, tomatoes, beans, garri, yam and otherfood items increasedin August. It made the declaration in its Selected Food Prices Watch repor…
The central parity rate of the Chinese currency renminbi, or the yuan, stayed flat at 7.1727 against the dollar on Tuesday, according to the China Foreign Exchange Trade System. In China’s s…
Reddit has unveiled plans to pay its top contributors cash for popular posts, starting in the US on Tuesday. The social media site will split revenue with people who are awarded “gold” by ot…
