Naira Declines to N443/US$ Despite Forex Sales The Central Bank of Nigeria has resumed its intermittent forex intervention on Monday after suspending the program in early...
Economic experts have blamed the recent increase in prices from petrol, Value Added Tax (VAT) to electricity tariff on the International Monetary Fund (IMF) and the...
South Africa, Africa’s second-largest economy, contracted by 51 percent in the second quarter of 2020 following a drop in economic activities due to COVID-19 lockdown. “South...
The National Bureau of Statistics (NBS) report has shown that the COVID-19 pandemic increased food insecurity in Kano, Lagos, Rivers and Abuja. According to the report,...
The price of Brent Crude oil dropped to $40.40 per barrel on Tuesday as concerns over slowing global demand amid rising coronavirus cases in US, UK,...
Union Bank has appointed Mr. Emeka Anthony Ogbechie and Mr. Paul Kokoricha as non-executive directors of the bank. In a statement released on Tuesday, September 8,...
The coronavirus outbreak left a huge impact on the entire sports industry, with seasons at risk, revenues plunging and fans staying at home. However, the world’s...
The pound will experience significant volatility this week and would plummet to 1.20 against the dollar in the event of a no-deal Brexit – which is...
The Presidency has said subsidy removal was indeed tough for President Muhammadu Buhari. In response to the outcry that trailed the increment in pump price and...
Nigeria Can no Long Afford Subsidy, Says Buhari President Muhammadu Buhari has said it is economically dangerous to go back to the era of fuel subsidy...