Nigeria, Africa’s largest oil producer, experienced a slower-than-anticipated economic growth rate in the second quarter, primarily due to the persistent contraction of the oil sector. This...
The Nigerian stock exchange witnessed a minor setback in its otherwise positive trend as the total value of listed stocks dropped by N5 billion, closing at...
The National Bureau of Statistics (NBS) released its revised methodology yesterday, revealing a 4.1% unemployment rate in the first quarter of 2023, down from 5.3% in...
Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Approximately 76.7% of working-age Nigerians were engaged in some form of employment during the first quarter of 2023, compared to 73.6% in the previous quarter.
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
The exchange rate between the United States dollar and the Nigerian naira witnessed significant fluctuations on Wednesday. The dollar rate extended its upward swing, closing at...
Nigeria is currently grappling with a pressing need for foreign currency, particularly dollars, while Norway, a nation sharing a comparable oil production capacity, witnessed its oil...
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
The Nigerian Exchange Limited (NGX) pulled back last week following weeks of bullish run that trailed a series of changes made by President Bola Ahmed Tinubu...