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The ongoing conversation surrounding Nigeria’s fuel supply strategy has taken a new turn, with industry stakeholders strongly opposing recent suggestions encouraging the importation of petrol. The development has sparked intense reactions across the energy sector,…
The value of the Nigerian Naira against the United States Dollar continues to draw attention, especially within the informal currency market commonly referred to as the parallel market. Many Nigerians rely on this segment to…
The Nigerian foreign exchange market opened the week with sustained attention on the performance of the naira against the United States dollar, as traders and businesses closely monitored movements across both official and informal trading…
Senegal’s government has taken decisive action in its petroleum industry by cancelling an offshore exploration licence previously awarded to Atlas Oranto Petroleum, a company established by Nigerian energy investor Arthur Eze. The decision reflects Dakar’s…
Foreign exchange movements remain a major concern for Nigerians as fluctuations in the value of the naira continue to influence business decisions, travel costs, and everyday transactions. With demand for U.S. dollars remaining strong, many…
Nigeria’s oil sector closed 2025 on a weaker note after new regulatory figures revealed a noticeable contraction in national output levels. Latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that combined crude…
Nigeria’s construction sector is facing renewed anxiety following a sharp escalation in cement prices across multiple regions of the country, a development analysts say could worsen both housing shortages and overall economic hardship. Across retail…
Nigeria’s foreign exchange market continues to attract public attention as fluctuations between the official and unofficial currency markets shape daily economic realities for businesses and individuals seeking access to dollars. While banks operate under regulated…
Nigeria’s building materials market has entered another phase of price adjustment, with cement costs rising steadily across different regions. The latest market checks reveal that contractors and individual home builders are now facing significantly higher…
Financial markets across the world entered a period of heightened volatility after renewed trade tensions linked to U.S. policy announcements unsettled investors. Precious metals surged dramatically, while equity markets struggled to maintain stability amid fears…