Gold drops $120 Per Ounce as investors, U.S.–China deal calm market
Gold extended its steep intraday losses on Monday, plummeting to a fresh one-week low below the $3,250 mark following news...
Nigeria bets on Cocoa as futures settle at $9,187 per ton
Cocoa settled at $9,187 per ton at the New York Commodity Exchange as Africa's most populous country, Nigeria, seeks to...
Pressure mounts as Naira depreciates to N1,625 lowest points in 2025
The naira oscillated near its 2025 lows amid renewed appetite for the greenback, while the U.S. dollar index posted upside...
Investors seek refuge in Bitcoin, Gold amid high geopolitical uncertainty
Gold maintained its shine while Bitcoin hovered around $100,000 as investors braced for the Federal Reserve's policy announcement amid heightened...
Brent crude rally lifts some pressure off Naira
The naira remained stable at N1610–N1615 on the unofficial market as oil prices recovered above $61 per barrel, while the...
Nigerian Crude sells below $65 per barrel, OPEC revamps oil production
Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical...
Investing in Nigerian Stock Market using the dividend strategy
The Nigerian stock market shows that investors are more attracted to dividend-paying stocks than to those that do not offer...
Nigerians uninterested in stocks amid NGX’s 38% 2024 gain
Stock market participation in Nigeria remains extremely low. Of the 5 million Central Securities Clearing System (CSCS) accounts required for...
Naira holds resilient British pound below N2,200/£ at unofficial market
The Nigerian naira fluctuated around N2,177 per British pound in the unofficial market today.
Nigerian oil market faces headwinds amid unsold oil cargoes
Nigeria's economy, which heavily relies on its oil industry, faces a looming crisis as many barrels scheduled for export in...
