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Young’s to Buy City Pubs for £162 Million as Bars Suffer
Shares in City Pub Group Plc soared more than 30% after it agreed to a £162 million ($201
2023-11-16 19:48
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Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:24
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Africa Phone Giant MTN Expects Nigeria Reform Recovery Mid-2024
MTN Group Ltd. expects Nigeria to overcome the short-term “pain” of President Bola Tinubu’s economic reforms by the
2023-11-09 16:48
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Nigeria to Tighten Rules to Curb Raw Mineral Exports
Nigeria plans to tighten rules to reduce the export of raw minerals and encourage the shipment of processed
2023-10-24 14:49
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Naira Official Rate Sinks to Near 1,000 on Scramble for Dollars
The naira slid to the brink of 1,000 per dollar in a fresh low in the official market
2023-10-20 23:56
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Nigeria Allows Naira to Weaken Most in Four Months to Record
Nigeria’s naira plunged the most in almost four months to an unprecedented level in the official market as
2023-10-18 17:28
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Line Man Wongnai targets listing as early as 2025 -exec
By Sam Nussey TOKYO Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for
2023-09-01 12:53
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Nigeria Plans Dollar Asset Listings to Ease Forex Woes
Nigeria’s stock exchange proposes allowing dollar-denominated bond listings and potentially expanding this to stocks, with the aim of
2023-08-23 17:22
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Nigeria Bonds Jump as Big Corporate Loan Boosts Dollar Liquidity
The price of Nigerian government dollar bonds jumped after the country’s state-owned energy company obtained a $3 billion
2023-08-17 23:47
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Naira Extends Drop From Record as Black-Market Dollar Rate Soars
The Nigerian naira extended its slump in black-market trading as the nation’s dollar shortage deepened two months after
2023-08-10 19:48
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Tinubu Orders Probe of Operations of Nigeria’s Central Bank
Nigerian President Bola Tinubu, weeks after he suspended the nation’s central bank governor, appointed a special investigator to
2023-07-31 20:56

Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a
2023-07-19 17:56