Investors King

The U.S. dollar strengthened against major global currencies on Monday as investors sought safety following renewed tensions between the United States and Iran. The greenback gained momentum after fresh developments in the Middle East heightened concerns over the security of global energy supplies and prompted investors to shift capital away from risk-sensitive assets and int...

Gold prices declined on Monday as renewed tensions between the United States and Iran sent crude oil prices sharply higher, prompting investors to reassess inflation expectations and the outlook for global interest rates. Spot gold fell by more than one percent, while U.S. gold futures also traded lower as the rally in energy prices shifted […]

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Global oil prices surged at the start of the week after renewed hostilities between the United States and Iran heightened fears of supply disruptions in the Middle East, reigniting inflation concerns and rattling financial markets. Brent crude oil, the international benchmark for Nigerian crude oil, climbed above $79 per barrel, while U.S. West Texas Intermediate […]

T...

Dangote Industries Limited’s proposed oil refinery in Kenya has attracted fresh regional investment interest after Tanzanian billionaire Mohammed Dewji expressed his willingness to commit up to $100 million to the project. Dewji, one of Africa’s leading industrialists, said he is prepared to invest in the planned refinery should Aliko Dangote proceed with the project. The […]...

Trading activity in Nigeria’s foreign exchange market weakened considerably during the week ended July 10, 2026, as transaction volumes across the spot and derivatives segments declined sharply, according to the latest data released by FMDQ Exchange. The exchange reported total foreign exchange market turnover of $1.63 billion for the review period, representing a decline of ...