Nigerian Economy Expands at Slower Pace of 1.87% in Q1, 2020 Nigerian economy grew at a slower pace in the first quarter of the year as...
Nigeria’s Economy Could Contract by 8.9% in 2020 -Finance Minister The Nigerian Minister of Finance, Budget and National Planning on Thursday said Nigerian economy could contract,...
Crude Oil Pulled Back to $34 Per Barrel Amid Growing Uncertainties Brent crude oil pulled back from $36.94 per barrel it traded on Thursday as market...
COVID-19: Lagos State Cuts 2020 Budget by 21 Percent to N920.5bn Lagos State has revised down the 2020 expenditure as COVID-19 bites. According to the state...
COVID-19 Pushes Nigeria’s Inflation to 12.34% in April The negative impact of COVID-19 has started hurting Nigeria’s macroeconomic fundamentals as consumer prices rose to a 24-month...
Oil Sustains Upsurge as Top Producers Lower Output Oil sustained bullish run this week after trading largely around $29 -$30 per barrel last week. Brent crude...
Nigeria’s Foreign Reserves to Plunge to $23.3bn in 2020 – Fitch Fitch Ratings, one of the world’s global rating agencies, on Monday said Nigeria’s foreign reserves...
Why China Won’t Write Off Debt for Nigeria, Other Sub-Saharan Countries After years of defaults and debt write-offs by several multilateral and bilateral institutions, China, Africa’s...
Oil Prices Rise to a Month-High on Monday as Supplies Wane Global oil prices rose to a month-high on Monday following reports that supplies of the...
COVID-19: Lagos Plans Full Reopening of Economy Despite Rising Cases Governor Babajide Sanwo-Olu on Sunday said that Lagos State, the commercial capital of Nigeria, is planning...
