ECONOMY

Nigeria’s external reserves now $36.57 billion - Nigeria’s external reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020. This development has given the...

Post COVID-19 Economy: Stakeholders praise CBN for bailout funds - Manufacturers have praised efforts of the Central Bank of Nigeria (CBN) on the planned disbursement of N93.2 billion out of N1...

African equity capital markets activity see downward turn first time in 10yrs - African equity capital markets activity have seen a downward trajectory over the past three years as major economies...

NBS: Nigerian capital importation hit $5,854.38m in Q1 - The total value of capital importation into Nigeria stood at $5,854.38million in the First Quarter of 2020, according to the National Bureau...

BREAKING: Nigeria's GDP Grew By 1.87% in Q1 2020 - In the first quarter of 2020, Nigeria's Gross Domestic Product (GDP) grew by 1.87%(year-on-year) in real terms. This performance was recorded...

Nigeria records massive revenue loss as a result of Coronavirus - NIGERIA’s massive revenue loss as a result of the Coronavirus pandemic was topped discussions at yesterday’s National Economic Council (NEC)...

FOREX: CBN warns dealers against patronising black market traders - The Central Bank of Nigeria (CBN) has warned against the use of black markets for foreign currency exchange after a...

Emefiele woos conglomerates ahead of Post-COVID-19 economy - The Central Bank of Nigeria (CBN) has given conglomerates the green light to source for alternative sources of foreign exchange. Addressing Chief Executive...

Trading on NSE opens this week in a positive trend - Trading activities on the floor of Nigerian Stock Exchange (NSE) Monday opened week in a positive trend, gaining N37 billion....

Oil price rises to $33.54 as economies begins lockdown relaxation - Brent crude, the international benchmark, rose 3.2 per cent to $33.54 a barrel in Asian trading Monday, as traders responded...