The Nigerian Exchange Limited (NGX) extended its decline on Wednesday after the Central Bank of Nigeria-led monetary committee raised the interest rate to 14%.
Oil prices fell more than $3 on Thursday after higher U.S. gasoline stockpiles stoked demand worries and returning energy supply from Libya and Russia eased supply...
Stanley Anigbogu, a 22-year-old student from Onitsha, Anambra State, has been shortlisted for a $100,000 award.
Demand was considerably lower, as the DMO secured a total bid of N142.3bn (USD331.6m)
Nigeria’s non-oil export is quite low compared to other African top oil producers. This exposes the economy to oil price/production risks.
The stock market rebounded absurdly fast after the March 2020 crash, whilst most major economies only dipped into a technical recession briefly before recovering.
The Monetary Policy Committee led by the Central Bank of Nigeria raised the interest rate by 100 basis points to 14% on Tuesday.
Following the demise of Mr. Abiodun Olabode Alabi, the Board of Directors of Industrial & Medical Gases Nigeria Plc has appointed Mr. Aminu Ado as the...
MTN Nigeria, Africa's leading telecommunication company, is seeking approval from the Securities and Exchange Commission to raise another N200 billion via bond issuance for network expansion.
The stock market in Africa's largest economy Nigeria declined slightly on Tuesday after opening the week with a N56 billion gain on Monday.
