Royal Dutch Shell Plc will cut additional 2,200 jobs as the world’s second-largest oil company continues to adjust to the slump in prices. This will take...
China’s central bank weakened its currency fixing to the lowest since March 2011 as the dollar strengthened. The reference rate was set 0.3 percent weaker at...
CBN Leaves Interest Rates Unchanged The monetary Policy Committee (MPC) led by the governor of the Central Bank of Nigeria, Godwin Emefiele on Tuesday said...
Charlene Chu, a banking analyst who made her name warning of the risks from China’s credit binge, said a bailout in the trillions of dollars is...
The U.K. pound rose for the first time in three days after evidence emerged that the campaign to keep Britain in the European Union is gaining...
The euro area’s purchasing managers index shows private-sector of the region is still struggling with growth as expansion unexpectedly slowdown in May. Purchasing Managers Index slipped...
The rise in crude oil prices coupled with the challenge of difficult access to foreign exchange is bound to reduce petrol imports into Nigeria by marketers....
Japan’s exports fell for a seventh consecutive month in April as the yen strengthened, underscoring the mounting challenges to Prime Minister Shinzo Abe’s efforts to revive...
The various economic data released last week from the U.S. shows an improved economy, especially the consumer price index that rose 0.4 percent in April and...
Nigeria Unemployment Rate Rises to 12.1% in Q1 The National Bureau of Statistics (NBS) on Friday said the number of unemployed Nigerians within the working population...