CBN: Nigeria's Export earnings fell to $13.39bn in April 2020 - The country’s total export earnings fell by 14.9 per cent to $13.39bn in April due to decline in crude...
Nigeria's GDP rose in July boosted by oil and tax revenue - Nigeria’s gross revenues rose to 676.41 billion naira in July from 653.35 billion naira in June due to higher...
Naira make some gains against dollar - Barely 24 hours Naira was forced to a downward trajectory by dollar scarcity it bounced back, closing at N477 to a dollar at the...
South Africa's MTN names Chief Financial Officer as CEO - South African mobile operator MTN Group Ltd said on Wednesday Chief Financial Officer Ralph Mupita will succeed Rob Shuter as group...
Nigeria stock market rebound marginally by 0.02 per cent - The key market indices of the nation’s bourse on Tuesday rebounded marginally by 0.02 per cent, due to gains posted by...
Naira down to N480 per dollar as scarcity bites hard - The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a...
Dollar Scarcity disrupts banks, IOCs, telcos’ forex payments - There are indications that the lingering foreign exchange scarcity in the country is slowing down banks’ ability to meet their payment obligations...
Nigeria’s Inflation rose to 12.82% in July - NBS: The National Bureau of Statistics (NBS) yesterday said inflation rose by 12.82 per cent in July 2020. NBS, in its “Consumer Price...
Iran says OPEC has raised and stabilized global crude oil price - OPEC has managed to raise crude prices and stabilize the oil market, OPEC member Iran’s oil minister was quoted...
Foreign bond buyers stranded in Nigeria risk 100% loss - Foreign investors tempted into buying Nigerian debts paying interest of 13 percent a year ago are unable to move their cash...