COVID-19 Plunges South Africa’s Business Confidence in Q2 2020 A recent report has shown that South Africa’s business confidence hit a record low in the second...
Oil Prices Dropped After Saudi Arabia Said it Won’t Cut Additional 1.8mbpd in July Oil prices dipped on Tuesday following seven consecutive days of bullish runs....
Niger, Benin Owing Nigeria a Total Sum of N32.1 billion for Electricity The Nigerian Electricity Regulatory Commission (NERC) on Monday said Niger Republic and the Republic...
South Africa Approached IMF for $4.2 Billion Loan as COVID-19 Bites South Africa, Africa’s second-largest economy, is presently in talks with the International Monetary Fund (IMF)...
Egypt-IMF Reached Stand by Arrangement of $5.2 billion to Support Egypt’s Economy The International Monetary Fund (IMF) on Monday said it has reached a Stand-by Arrangement...
Crude Oil Hits $43.1 Per Barrel Following OPEC’s Production Cuts Extension Brent crude oil, against which Nigerian oil price is measured, rose by 1.25 percent on...
OPEC+ Extends 9.7million bpd Production Cuts to July Ending OPEC and allies, known as OPEC Plus, have finally agreed to extend the 9.7 million barrels per...
Naira Depreciates Against the Dollar on Parallel Market on Friday Naira continues its downward slide against the US dollar on the parallel market on Friday, according...
Gold Dips by 2 Percent on Better Than Expected Job Report Gold prices declined by 2 percent on Friday following a better than expected US non-farm...
Brent Crude Oil Rises Above $41 Ahead of OPEC Plus Meeting on Saturday Brent Crude oil, against which Nigerian crude oil is priced, rose by 6.2...
