Nigeria’s Economy Contracts by 6.10% in Q2 2020 as COVID-19 Bites Nigeria’s economy contracted by the most on record in the second quarter as COVID-19 negative...
Oil Price Drops Following OPEC+ Meeting Oil price extended its decline on Friday following OPEC+ meeting on Thursday. Brent crude oil, against which Nigerian oil is...
The Reasons Biden or Trump Must Secure Stable Relations With China Joe Biden or Donald Trump – whoever is the President of the United States come...
Naira Gains Against US Dollar, Pound but Unchanged Against Euro The Nigerian foreign exchange market experienced a slight improvement in rates on Wednesday as the Nigerian...
ECOWAS Calls Off Trade Relations With Mali Following Military Coup The Economic Community of West African States (ECOWAS) on Wednesday announced it has called off all...
Access Bank Signs $93.8m Syndicated Loan With Dutch Development Bank, Others Access Bank secured a $93.8 million subordinated syndicated loan agreement from the Dutch Development Bank...
DVCF Oil Divests 997,012 Shares from The Initiates The Initiates Plc on Tuesday announced that DVCF Oil and Gas Plc, a substantial shareholder, sold 997,012 ordinary...
FG Realises N651.8bn Value Added tax in H1 2020 The Federal Government generated a total sum of N651.77 billion from Value Added Tax (VAT) in the...
Inflation Rate Surges in July to 12.82% Amid High Unemployment Rate Prices of goods and services in Nigeria rose further in the month of July, according...
Jumia Shares Drop to $13.47 as GMV Drops by 13% in Q2 2020 Despite some noticeable improvements in Jumia’s second-quarter financial results, investors that jumped on...