Chinese credit accounts for 80 percent of all bilateral loans to Nigeria, according to data from the Debt Management Office (DMO). China provides loans to build...
The price of crude oil has posted a 7-month low, declining by 4% to $57 a barrel in two days. This is the first time oil...
From 2,672Mw power generation on Sunday, the electricity generation companies (Gencos) on Monday marginally increased their output to 2,886.1Mw. According to the “Operational Report of 05/08/2019”...
The Debt Management Office (DMO), has expressed dissatisfaction with individual investors’ patronage of bonds, saying a lot needed to be done to attract more investors into...
The value of transactions through point of sales (PoS) channels nationwide stood at N633.804 billion between January and March 2019, figures compiled from the Nigeria Interbank...
Nigeria’s external reserves have continued to drop in recent weeks and slipped below $45 billion. According to data obtained from the Central Bank of Nigeria (CBN),...
By Okoh Aihe Mostly, in this part of the world, we borrow words to dress up epitaphs as befitting honorifics for the departed. Perhaps, like the...
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange market following conclusion of Tuesday’s transactions. The...
The National Bureau of Statistics (NBS), has announced that 5.61 billion litres of Premium Motor Spirit (PMS), popularly known as petrol were imported into the country...
Activities on the Nigerian Stock Exchange (NSE) returned to bearish mood on Tuesday following sell pressure in blue chips, forcing the market capitalisation to drop by...