IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Category : Search result: dollar demand
Naira falls to 10-day low against US dollar
Naira reverses gains, crashing to N1,443.08 against USD in official market. Third straight day of losses as mid-month demand pressures mount. Read full analysis.
Renewables Outpace Fossil Fuels Despite US Policy
The IEA reports renewable energy is expanding faster than fossil fuels globally, with oil demand peaking around 2030. Discover the key trends shaping Nigeria's energy future.
GTBank Raises Naira Card Dollar Limit to $6,000
GTBank has increased international spending limits on naira cards from $1,000 to $6,000 per quarter. The move reflects improved forex liquidity and market stability. Learn how this affects Nigerian cardholders.
Naira Exchange Rate Stable Amid FX Reserve Growth
Nigerian naira shows minimal movement across forex markets as external reserves reach $43.34 billion. Expert analysis reveals stability outlook amid fluctuating dollar supply.
Brothers Escape Kidnappers in Edo Forest
Isaac and Victor Olayere escaped kidnappers who demanded ₦22 million ransom after captors fell asleep in Edo forest. Monarch reveals dramatic rescue details.
Naira Falls Again: Loses Ground Against US Dollar
The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.
Nigeria Constitution Reform Sparks Referendum Outcry
Growing demands for a referendum challenge Nigeria's constitutional reform process as critics decry elite capture and exclusion of citizen voices in national dialogue.
Nigeria Plans Strategy to Meet 1.6B Litre Milk Demand
The Federal Government launches comprehensive strategy to boost local milk production, reduce import dependency and create agricultural jobs across Nigeria.
Naira Stages Impressive Comeback Against Dollar
Nigeria's currency shows remarkable strength with improved FX liquidity and growing reserves, signaling positive economic turnaround.
Naira Rebounds Against Dollar Amid Trump Election Concerns
Nigeria's currency makes impressive recovery in parallel market while official rate weakens. Expert analysis reveals how Trump's political comeback threats are impacting forex trading patterns.
Naira Crashes, Stocks Drop After Trump Victory
Donald Trump's presidential win triggers financial turmoil in Nigeria as Naira crashes to record lows and stock market experiences significant drops. Expert analysis reveals what this means for Nigeria's economy.
Pfizer Profits Dip as COVID Vaccine Sales Decline
Global pharmaceutical giant Pfizer experiences significant profit decline amid falling COVID-19 product sales. Analysis of impact on Nigerian healthcare market and future outlook.
African Air Cargo Demand Soars 14.7% in September
African aviation sector experiences remarkable cargo demand surge as IATA reveals September 2024 statistics showing robust 14.7% year-over-year growth, outpacing global trends.
Dollar Crashes vs Naira - Trump Warns Nigerian Government
The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.
Naira Hits ₦1,142/$1: Strongest Level in Weeks
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
Naira Surges: GTBank, UBA Cut Dollar Rates
Nigeria's currency surges against USD, reaching strongest level in months as major commercial banks reduce rates following EFEMs platform introduction.
Dollar Ticket Sales Cripple Nigeria's Travel Economy
Travel agencies sound alarm as foreign airlines' dollar-denominated ticket sales drain local economy and threaten industry survival. Exclusive investigation reveals the devastating impact.
Naira Soars to 10-Month High Against Dollar
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Dangote: Naira to stabilize by 2025
Aliko Dangote shares crucial insights on Nigeria's currency crisis, predicting when the Naira will stabilize against the dollar and offering practical advice for businesses and individuals.
Cleva: Convert Stablecoins to Naira Easily in Nigeria
Discover how Cleva's innovative fintech solution is revolutionizing dollar savings and stablecoin conversions for Nigerians, offering seamless banking services with US accounts.
Naira Surges: Dollar Crashes to 2025 Low
BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.
Apple Reaches $4 Trillion - Makes Stock Market History
Apple makes history as the first company to hit $4 trillion market value, joining Microsoft and Nvidia in the elite trillion-dollar club. Discover how this achievement is reshaping the tech landscape.
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