CBN Returns N51.9bn Illegal Deductions to Bank Customers The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks...
Zero Oil Revenue Days Fast Approaching Acting President Yemi Osinbajo on Monday declared that the days in which no single revenue would be generated from crude...
Militants Destroy Trans-Niger Pipeline, Nigeria Loses 150,000bpd Suspected militants on Monday vandalised the Trans-Niger pipeline in Ogoniland in the Niger Delta region, reducing the Nigerian National...
Nigeria May Hold Rates Even as Inflation Slows, Economy Shrinks A weak naira and stubborn inflation may prevent Nigeria’s central bank from following South Africa and...
Power Generation Falls Below 3,000MW, Seven Plants Idle The nation’s power generation has fallen below the 3,000 megawatts mark as the number of idle power plants...
Ghana Cuts Key Rate to Lowest Since 2015 as Inflation Slows Ghana’s central bank reduced its key interest rate for a third straight meeting as consumer...
Pound Rises 2nd Day Even as IMF Downgrades U.K. Growth Forecast The pound advanced for a second day versus the dollar as investors looked past the...
Euro Halts Advance as Carmakers Weigh on Stocks The euro headed for its first decline in three days as data showed the region’s economy cooling at...
Euro Area Economy Grows at Slowest Pace in Six Months Growth in the euro-region economy started the third quarter at the weakest pace in six months...
Global Oil Demand Remains Healthy The Organization of Petroleum Exporting Countries, OPEC, meeting in St. Petersburg Russia has said global oil demand remains healthy on a...