Nigerian Currency to Dollar Improved on the Parallel MarketĀ The Nigerian Naira gained N5 against the US dollar on the parallel market on Thursday as demand...
COVID-19 Confirmed Cases Approach 9000 in Nigeria Number of COVID-19 confirmed cases surged to almost 9000 on Thursday as the Nigerian Centre for Disease Control announced...
Buhari to Borrow Another $5.513bn from Foreign Institutions President Muhammadu Buhari has forwarded a new $5.513 billion foreign loan request to the Senate and the House...
CBN Lowers Interest Rate to 12.5% to Stimulate Economy The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) has lowered policy rate by 100...
Nigeria’s Capital Inflow Rises by 54% in Q1 2020 Despite economic headwinds and global uncertainties due to the COVID-19 pandemic, capital inflow rose by 53.97 percent...
Siemens to Begin Concessionary Funding of Electricity Deal With Nigeria The Federal Government on Wednesday approved Siemens AG to begin the concessionary funding and support of...
Oil Prices Shed 4% Amid Rising US-China-Hong Kong Tension Oil prices dipped on Wednesday as tension brew between the two world’s largest economies over Hong Kong....
Nigerian Brew, Dangote Cement Bolster Nigerian Stock Exchange on Wednesday The Nigerian Stock Exchange rose slightly on Wednesday following solid financial results reported by Dangote Cement...
Goldman Sachs Rubbishes Bitcoin, Says its Not Real Asset Goldman Sachs, one of the world’s leading investment banks, has once again rubbished Bitcoin in a leaked...
CBN Approves Regulatory Forbearance for Credit Offers Via OFI In an effort to maintain monetary and financial stability in the country and mitigate the negative impact...