Foreign Exchange

29 Articles
World

Oil Prices Rise as Trump Intensifies Pressure on Iran Amid Nuclear Talks

Oil prices climbed on Tuesday as US President Donald Trump escalated threats toward Iran while the two countries met in Geneva for talks...

Economy

Otedola Predicts Naira Could Trade Below 1000 to Dollar as Dangote Refinery Hits Full Capacity

Billionaire businessman Femi Otedola has expressed strong optimism that the naira could appreciate to trade below 1000 to the dollar before the end...

Economy

Otedola Hails Dangote as Refinery Hits 650000 Barrels Per Day Capacity

Billionaire businessman and philanthropist Femi Otedola has congratulated the President of the Dangote Group, Aliko Dangote, following the Dangote Petroleum Refinery’s attainment of...

Economy

Nigeria Records N6 Trillion Gain from Downstream Petroleum Reforms in Nine Months

Nigeria has recorded an estimated N6 trillion gain from reforms in the downstream petroleum sector within the first nine months of 2025. The...

Politics

Tinubu’s Economic Reforms ilising Nigeria, Restoring Confidence, Says Minister Idris

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has said President Bola Tinubu’s economic reforms are stabilising Nigeria’s economy, restoring confidence,...

World

South Korea Currency ility Pressured by Retail Investment in U.S. Stocks

South Korea efforts to maintain currency stability are facing challenges as strong retail investment flows toward United States equities continue to accelerate. Financial...

Economy

Nigeria’s Economic Reforms Yield Positive Results, Says Tinubu’s Adviser

President Bola Tinubu’s Special Adviser on Economic Affairs Dr Tope Fasua has said Nigeria’s inclusion on the International Monetary Fund’s list of countries...

Economy

Naira Gains Strength Against Dollar as January Closes on Positive Note

The naira ended January 2026 on a stronger footing after recording notable gains against the United States dollar in the official Nigerian foreign...

Economy

Naira Breaks N1,400/$1 Barrier on Official Market After Over a Year

Nigeria’s naira has traded below the N1,400 to the dollar mark on the official foreign exchange market for the first time in over...