$36.9 billion worth of gold traded in London daily, says data
At least 30.2 million ounces of gold worth $36.9 billion was traded by members of the London Bullion Market Association (LBMA) each day last week, data from the LBMA released on Tuesday has revealed. London is a global gold trading hub but most transactions are made in over-the-counter trades between ...
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Nigerian Stocks
WORLD BUSINESS & ECONOMY
Islamic Corporation for the Development of the Private Sector gets new CEO
November 15, 2018
171 views
Adeola Ajakaiye in Kano The board of directors of the Islamic Corporation for the Development of the Private Sector (ICD) at
Nigeria’s Elumelu calls on African presidents to formulate policies to attract private investments
November 12, 2018168 views
Finance
NSE all share index up on heavy transactions in consumer goods sector
20 hrs115 views
Heavy trading in consumer goods blue chip companies propelled a bullish performance at the equities’ segment of the Nigerian
Markets
SEC extends customer account regularisation deadline
November 15, 2018149 views
The Securities and Exchange Commission (SEC) Thursday announced an extension of the deadline for the regularisation of shareholder
Nigeria’s central bank stabilizes forex market with $210m fresh intervention
November 14, 2018151 views
Companies & Business
After 56 years First Bank still routing for Lagos golf championship to promote socio-economic diversity, says Ani-Mumuney
Folake Ani-Mumuney, FirstBank’s group head, marketing and corporate communications, has said the bank’s support for the Lagos amateur
Energy, POWER & RENEWABLES
OPEC, allies mull 1.4 million bpd cuts as crude prices plunge
The Organization of Petroleum Exporting Countries (OPEC) and the non-OPEC allies are discussing potentially cutting oil production by
COMMODITIES & AGRICULTURE
Gold dips as dollar nears 16-month high
November 14, 2018123 views
Gold fell on Wednesday as the dollar held near a 16-month high, buoyed by interest from investors seeking cover from sliding stocks
Media,Technology & Innovation
Fintech companies will continue to complement roles performed by banks, says Nigeria’s Flutterwave CEO
Financial technology firms, popularly known as fintechs, will not displace banks, contrary to a much widely held argument, Olugbenga
Manufacturing & Industry
Nigerian Bottling Coy plans doubling production to 75m units with new mega plant in Port Harcourt
November 15, 2018133 views
Ben Eguzozie, in Port Harcourt Nigeria’s largest soft drink producer, the Nigerian Bottling Company (NBC) is expanding its operations
Lafarge records 1206% loss after tax in 9 months on rising operating, finance costs
October 18, 2018145 views
Nigeria Frontier Markets
Businesses seek FG support for quick completion of Kano Dry Port
November 15, 2018137 views
Concerned business owners in the commercial city of Kano, are calling on the Federal Government to step–up its commitment towards the
Governance, Policy & Politics
Let’s not play politics with pump price of fuel – Donald Duke warns
11 hrs59 views
Donald Duke, Nigeria’s presidential candidate for the Social Democratic Party (SDP) warns that “the oil and gas sector are too
$5.72bn Mambilla Power loan talks with Chinese government making progress, says Nigeria power minister
November 13, 2018149 views
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The Business Traveller
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September 26, 2018
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September 14, 2018
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Muntaqa Umar-sadiq, CEO of Private Sector Health Alliance, is Eisenhower 2018 Fellow
October 1, 2018363 views
Exchange Rates
| Date | Currency | Buy(₦) | Sell(₦) |
|---|---|---|---|
| 25/9/2018 | Dollar | 358 | 361 |
| 25/9/2018 | Euro | 415 | 420 |
| 25/9/2018 | Pound | 475 | 480 |
| 12/9/2018 | Dollar | 358 | 360 |
| 12/9/2018 | Euro | 410 | 415 |
| 12/9/2018 | Pound | 465 | 470 |
| 5/9/2018 | Dollar | 357 | 361 |
| 5/9/2018 | Euro | 410 | 416 |
| 5/9/2018 | Pound | 460 | 466 |
| 17/8/2018 | Dollar | 357 | 360 |
| 17/8/2018 | Euro | 405 | 412 |
| 17/8/2018 | Pound | 463 | 467 |
| 14/8/2018 | Dollar | 357 | 360 |
| 14/8/2018 | Euro | 408 | 416 |
| 14/8/2018 | Pound | 465 | 470 |
| 07/8/2018 | Dollar | 357 | 360 |
| 07/8/2018 | Euro | 409 | 414 |
| 07/8/2018 | Pound | 467 | 475 |
| 03/8/2018 | Dollar | 357 | 360 |
| 03/8/2018 | Euro | 412 | 418 |
| 03/8/2018 | Pound | 470 | 478 |
| 01/8/2018 | Dollar | 357 | 361 |
| 01/8/2018 | Euro | 413 | 418 |
| 01/8/2018 | Pound | 473 | 479 |
| 26/7/2018 | Dollar | 357 | 360 |
| 26/7/2018 | Euro | 413 | 418 |
| 26/7/2018 | Pound | 475 | 480 |
| 23/7/2018 | Dollar | 357 | 360 |
| 23/7/2018 | Euro | 415 | 420 |
| 23/7/2018 | Pound | 475 | 483 |
| 20/7/2018 | Dollar | 357 | 360 |
| 20/7/2018 | Euro | 415 | 420 |
| 20/7/2018 | Pound | 475 | 483 |
| 18/7/2018 | Dollar | 356 | 360 |
| 18/7/2018 | Euro | 414 | 418 |
| 18/7/2018 | Pound | 475 | 480 |
| 17/7/2018 | Dollar | 358 | 361 |
| 17/7/2018 | Euro | 414 | 418 |
| 17/7/2018 | Pound | 475 | 482 |
| 16/7/2018 | Dollar | 358 | 361 |
| 16/7/2018 | Euro | 414 | 418 |
| 16/7/2018 | Pound | 475 | 481 |
| 8/6/2018 | Dollar | 360 | 362 |
| 8/6/2018 | Euro | 415 | 421 |
| 8/6/2018 | Pound | 480 | 487 |
| 7/6/2018 | Dollar | 360 | 362 |
| 7/6/2018 | Euro | 415 | 422 |
| 7/6/2018 | Pound | 480 | 487 |
| 6/6/2018 | Dollar | 360 | 362 |
| 6/6/2018 | Euro | 417 | 420 |
| 6/6/2018 | Pound | 480 | 487 |
| 5/6/2018 | Dollar | 361 | 363 |
| 5/6/2018 | Euro | 418 | 420 |
| 5/6/2018 | Pound | 485 | 490 |
| 4/6/2018 | Dollar | 361 | 363 |
| 4/6/2018 | Euro | 418 | 420 |
| 4/6/2018 | Pound | 484 | 487 |
| 1/6/2018 | Dollar | 361 | 363 |
| 1/6/2018 | Euro | 416 | 420 |
| 1/6/2018 | Pound | 480 | 487 |
| 31/5/2018 | Dollar | 361 | 363 |
| 31/5/2018 | Euro | 423 | 426 |
| 31/5/2018 | Pound | 493 | 495 |
| 30/5/2018 | Dollar | 362 | 365 |
| 30/5/2018 | Euro | 423 | 428 |
| 30/5/2018 | Pound | 493 | 498 |
| 28/5/2018 | Dollar | 362 | 367 |
| 28/5/2018 | Euro | 425 | 430 |
| 28/5/2018 | Pound | 495 | 500 |
| 24/5/2018 | Dollar | 362 | 365 |
| 24/5/2018 | Euro | 425 | 430 |
| 24/5/2018 | Pound | 490 | 495 |
| 23/5/2018 | Dollar | 362 | 365 |
| 23/5/2018 | Euro | 425 | 430 |
| 23/5/2018 | Pound | 490 | 495 |
| 22/5/2018 | Dollar | 362 | 364 |
| 22/5/2018 | Euro | 423 | 430 |
| 22/5/2018 | Pound | 485 | 495 |
| 21/5/2018 | Dollar | 362 | 365 |
| 21/5/2018 | Euro | 425 | 430 |
| 21/5/2018 | Pound | 485 | 495 |
| 18/5/2018 | Dollar | 361 | 363 |
| 18/5/2018 | Euro | 425 | 428 |
| 18/5/2018 | Pound | 493 | 500 |
| 17/5/2018 | Dollar | 361 | 363 |
| 17/5/2018 | Euro | 425 | 430 |
| 17/5/2018 | Pound | 493 | 498 |
| 16/5/2018 | Dollar | 361 | 363 |
| 16/5/2018 | Euro | 425 | 430 |
| 16/5/2018 | Pound | 493 | 500 |
| 15/5/2018 | Dollar | 361 | 363 |
| 15/5/2018 | Euro | 425 | 430 |
| 15/5/2018 | Pound | 493 | 500 |
| 14/5/2018 | Dollar | 361 | 363 |
| 14/5/2018 | Euro | 427 | 430 |
| 14/5/2018 | Pound | 495 | 500 |
| 11/5/2018 | Dollar | 361 | 363 |
| 11/5/2018 | Euro | 425 | 430 |
| 11/5/2018 | Pound | 495 | 500 |
| 10/5/2018 | Dollar | 361 | 363 |
| 10/5/2018 | Euro | 427 | 430 |
| 10/5/2018 | Pound | 495 | 500 |
| 09/5/2018 | Dollar | 361 | 363 |
| 09/5/2018 | Euro | 430 | 435 |
| 09/5/2018 | Pound | 495 | 500 |
| 08/5/2018 | Dollar | 361 | 363 |
| 08/5/2018 | Euro | 432 | 435 |
| 08/5/2018 | Pound | 498 | 503 |
| 07/5/2018 | Dollar | 360 | 362 |
| 07/5/2018 | Euro | 430 | 437 |
| 07/5/2018 | Pound | 495 | 503 |
| 04/5/2018 | Dollar | 360 | 363 |
| 04/5/2018 | Euro | 436 | 442 |
| 04/5/2018 | Pound | 498 | 502 |
| 03/5/2018 | Dollar | 360 | 362 |
| 03/5/2018 | Euro | 440 | 443 |
| 03/5/2018 | Pound | 500 | 505 |
| 02/5/2018 | Dollar | 360 | 362 |
| 02/5/2018 | Euro | 440 | 443 |
| 02/5/2018 | Pound | 500 | 505 |
| 01/5/2018 | Dollar | 360 | 363 |
| 01/5/2018 | Euro | 440 | 443 |
| 01/5/2018 | Pound | 500 | 505 |
| 30/4/2018 | Dollar | 360 | 363 |
| 30/4/2018 | Euro | 440 | 443 |
| 30/4/2018 | Pound | 500 | 505 |
| 27/4/2018 | Dollar | 361 | 363 |
| 27/4/2018 | Euro | 440 | 444 |
| 27/4/2018 | Pound | 500 | 504 |
| 26/4/2018 | Dollar | 361 | 363 |
| 26/4/2018 | Euro | 439 | 443 |
| 26/4/2018 | Pound | 503 | 507 |
| 25/4/2018 | Dollar | 360 | 363 |
| 25/4/2018 | Euro | 442 | 444 |
| 25/4/2018 | Pound | 503 | 508 |
| 24/4/2018 | Dollar | 360 | 363 |
| 24/4/2018 | Euro | 440 | 444 |
| 24/4/2018 | Pound | 505 | 511 |
| 23/4/2018 | Dollar | 361 | 363 |
| 23/4/2018 | Euro | 440 | 444 |
| 23/4/2018 | Pound | 506 | 511 |
| 20/4/2018 | Dollar | 361 | 363 |
| 20/4/2018 | Euro | 440 | 443 |
| 20/4/2018 | Pound | 508 | 511 |
| 19/4/2018 | Dollar | 361 | 363 |
| 19/4/2018 | Euro | 441 | 444 |
| 19/4/2018 | Pound | 508 | 511 |
| 18/4/2018 | Dollar | 360 | 363 |
| 18/4/2018 | Euro | 440 | 444 |
| 18/4/2018 | Pound | 504 | 510 |
| 17/4/2018 | Dollar | 360 | 363 |
| 17/4/2018 | Euro | 442 | 445 |
| 17/4/2018 | Pound | 504 | 510 |
| 16/4/2018 | Dollar | 360 | 362 |
| 16/4/2018 | Euro | 442 | 444 |
| 16/4/2018 | Pound | 503 | 508 |
| 13/4/2018 | Dollar | 360 | 362 |
| 13/4/2018 | Euro | 440 | 443 |
| 13/4/2018 | Pound | 502 | 507 |
| 12/4/2018 | Dollar | 360 | 362 |
| 12/4/2018 | Euro | 440 | 443 |
| 12/4/2018 | Pound | 502 | 507 |
| 11/4/2018 | Dollar | 360 | 362 |
| 11/4/2018 | Euro | 442 | 444 |
| 11/4/2018 | Pound | 500 | 504 |
| 10/4/2018 | Dollar | 360 | 362 |
| 10/4/2018 | Euro | 438 | 445 |
| 10/4/2018 | Pound | 497 | 505 |
| 06/4/2018 | Dollar | 360 | 362 |
| 06/4/2018 | Euro | 438 | 445 |
| 06/4/2018 | Pound | 498 | 505 |
| 6/4/2018 | Dollar | 360 | 362 |
| 6/4/2018 | Euro | 442 | 443 |
| 6/4/2018 | Pound | 503 | 506 |
| 5/4/2018 | Dollar | 360 | 362 |
| 5/4/2018 | Euro | 442 | 443 |
| 5/4/2018 | Pound | 503 | 506 |
| 4/4/2018 | Dollar | 360 | 362 |
| 4/4/2018 | Euro | 442 | 444 |
| 4/4/2018 | Pound | 503 | 506 |
COMMODITIES
Interviews
Nigerian airline business buffeted by multiple taxes, foreign exchange scarcity
October 29, 2018277 views
People & Places
GRI Amsterdam appoints Nigerian sustainability expert, Bekeme Olowola, as board member
November 15, 2018115 views
SME/Entrepreneurship
Simply Nigerian Fair continues promotion of indigenous enterprises, says Shenjobi
November 13, 2018285 views
Nigeria to spend $57.6 billion to increase refining capacity to 2 million barrels per day in 2022
November 8, 2018183 views
$36.9 billion worth of gold traded in London daily, says data