Brent crude oil fell by $2.58 to $70.12 a barrel, while U.S. West Texas Intermediate crude fell by $2.67 to $66.36 a barrel.
Nigeria’s external reserves have declined by $1.57bn in the first quarter (Q1) of 2023, according to figures obtained from the Central Bank of Nigeria (CBN). The...
Guaranty Trust Holdings Company (GTCO) has announced a profit before tax of N214.2 billion in its 2022 financial year, representing a 3.3% decrease from the N221.5...
The World Bank’s recently released Macro Poverty Outlook for Nigeria has highlighted the nation’s constant fiscal deficit as a major contributor to its public debt stock....
Oil prices were unchanged on Monday as investors looked towards Chinese economic data to gauge demand recovery in the world’s second-largest oil consumer. Brent crude oil,...
As of April 17, 2023, the dollar to naira exchange rate is 1 USD to 738 NGN at the black market. This means that for every...
Ibom Air, a Nigerian-based airline, has been formally presented with the Operational Safety Audit (IOSA) Certificate by the International Air Transport Association (IATA) for its exemplary...
Dangote Cement Plc, Africa’s largest and leading cement producer, has reiterated its commitment to maintaining its profitable status through strategic innovations that will ensure the continuous...
Oil prices took a dip on Thursday as the possibility of a recession in the United States, the world’s largest oil consumer, overshadowed worries about tight...
The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline from 3.2 percent in 2023 to 3.0 percent in 2024. The IMF retained...